Chevron - CVX - Daily - Anatomy of the recent TRENDS
Here is the method that I look for trade setups:
Look for RgMov to reach a 2 month high and then buy dips to oversold in 11-day CCI.
Look and see where the quarterly "key hidden levels" are for support or resistance.
Buy only if the stock climbs above the lowest high in the dip. Exit when CCI reaches +100 or falls under a previous day's low.
On shorts, sell only when it drops under the highest low of a rally. Cover when CCI reaches -100 or climbs over a previous day's high.
CVX has been a money machine with all but 1 losing trade giving it a batting average of more than 800. (5 out of 6)
Tim 11:12AM EST 9/25/2014 Thursday
Look for RgMov to reach a 2 month high and then buy dips to oversold in 11-day CCI.
Look and see where the quarterly "key hidden levels" are for support or resistance.
Buy only if the stock climbs above the lowest high in the dip. Exit when CCI reaches +100 or falls under a previous day's low.
On shorts, sell only when it drops under the highest low of a rally. Cover when CCI reaches -100 or climbs over a previous day's high.
CVX has been a money machine with all but 1 losing trade giving it a batting average of more than 800. (5 out of 6)
Tim 11:12AM EST 9/25/2014 Thursday
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.