This post will begin a new series wherein I will post recent stocks that have fired a signal in my crosshairs radar screen. Today we will look at a few on the WEEKLY charts.
My CROSSHAIRS TRADING software, currently under development, is designed to provide both bullish and bearish trading opportunities on several time frames, from intra-day to weekly. I am designing the software with various traders in mind, as I know there are day traders and trend traders and many traders in between. I have been trading this set-up for years and only recently decided to develop it in the TradeStation® platform so that others may benefit. What follows are examples of crosshairs fired over the course of the last few months on the WEEKLY charts, keeping in mind that a crosshair on a WEEKLY chart has the potential to move in a particular direction for weeks to months. I will also share one of several that has fired within the last two weeks.
There are several factors to be considered other than the crosshairs indicator as I do not believe in trading off an indicator signal alone. Anyone who has been reading my blog for any length of time or who has gone through one of my training courses will understand where I am coming from and what those other considerations are. But suffice it to say the following examples can give us an idea of how robust the crosshairs trading strategy can be when combined with focus, discipline, and patience, without which no trading strategy will work.
BHI Bullish CH
AMZN Bullish CH
KBH Bearish CH
SHLD Bullish CH
MDT Bullish CH
Here is one that fired two weeks ago:
CTRP Bullish CH
DISCLAIMER: Nothing here should be construed as a solicitation to buy or sell the securities mentioned. This is for informational purposes only. You should always do your own homework.
