Bull flag or bearish flag pattern

One way is to look at the top performers over the 1, 3 and 6 months.
But it depends on your time frame as trader Joe said.

For 65min candles it's best to look at weekly top performers.
For daily candles it's best to look at Monthly, Quarterly top performers.
For weekly candles it's best to look at Quarterly, Bi-Annually top performers.

Also group and theme is worth monitoring.
Because a strong Market, Sector / Industry will do marvels to your setup.
 
Sekiyo said:
One way is to look at the top performers over the 1, 3 and 6 months.
But it depends on your time frame as trader Joe said.

For 65min candles it's best to look at weekly top performers.
For daily candles it's best to look at Monthly, Quarterly top performers.
For weekly candles it's best to look at Quarterly, Bi-Annually top performers.

Also group and theme is worth monitoring.
Because a strong Market, Sector / Industry will do marvels to your setup.
More...
i use the 1,3,6 month ranking top performers for my sector rotation models - its a great way, but not the only way to find and stay with those with momentum
 
upload_2022-12-1_5-19-41.png


You can do stuff like this.
Take the top 100 tickers on the Monthly,
Group them by Industry, order by (# tickers within top 100 / # tickers within industry)

This way you're on top of your game :cool:

Or sector wise ...
upload_2022-12-1_5-33-18.png
 
Last edited:
traderjoe200 said:
i use the 1,3,6 month ranking top performers for my sector rotation models - its a great way, but not the only way to find and stay with those with momentum
More...

Sector rotation sounds nice.
Still looking for my ideal way of doing things.

Lately I've been checking a thousands charts 1 by 1.
But it's not the most efficient way of doing things.

Looking for volume surge à la Dan Zanger.

Could you expend a little more on other ways ?
 
Sekiyo said:
Sector rotation sounds nice.
Still looking for my ideal way of doing things.

Lately I've been checking a thousands charts 1 by 1.
But it's not the most efficient way of doing things.

Looking for volume surge à la Dan Zanger.

Could you expend a little more on other ways ?
More...

again,..i scan for volume surges, as well as the leading sector / industry groups

upload_2022-11-30_22-44-34.png


on volume,..i color code my charts by the bar to let me know when something has passed a scan condition that i have set up to look for.

upload_2022-11-30_22-46-53.png
 
traderjoe200 said:
again,..i scan for volume surges, as well as the leading sector / industry groups

View attachment 300542

on volume,..i color code my charts by the bar to let me know when something has passed a scan condition that i have set up to look for.

View attachment 300543
More...

XPEV 11.10 ? Bought it @ 10.22 today.
On TradingView there is not after hour change.

TC2000 looks really nice !
I have to switch btw different services,
Excel ... Finviz, TradingView and my broker.
 
1st is the scan from within your trading universe. ( there are filters in place to knock out the thinly traded stuff, or by price. this is up to the individual)
2nd rank the strongest sector, then rank the strongest industry group (if you are going on the short side in a bear market look for the weakest sector, weakest group)
3rd after all that, now we are looking for the setups that you trade. Be it a flag, pennant, wedge, cup w/handle, etc.. or what ever pattern you choose.

You can also scan for the Top 20% price performers and this will cut down on the amount of charts that you have to look at. I look at literately hundreds of charts through out the day and then on the weekends i go deeper and prepare for the following week. You have to develop a process, then refine and fine tune that process. This way you can start to see what is working and what is not.
 
Sekiyo said:
XPEV 11.10 ? Bought it @ 10.22 today.
On TradingView there is not after hour change.

TC2000 looks really nice !
I have to switch btw different services,
Excel ... Finviz, TradingView and my broker.
More...
i also trade through TC. they have an API through Interactive Brokers.
 
traderjoe200 said:
1st is the scan from within your trading universe. ( there are filters in place to knock out the thinly traded stuff, or by price. this is up to the individual)
2nd rank the strongest sector, then rank the strongest industry group (if you are going on the short side in a bear market look for the weakest sector, weakest group)
3rd after all that, now we are looking for the setups that you trade. Be it a flag, pennant, wedge, cup w/handle, etc.. or what ever pattern you choose.

You can also scan for the Top 20% price performers and this will cut down on the amount of charts that you have to look at. I look at literately hundreds of charts through out the day and then on the weekends i go deeper and prepare for the following week. You have to develop a process, then refine and fine tune that process. This way you can start to see what is working and what is not.
More...

Yup totally agree.
Process, routine is key.
 
You must log in or register to reply here.
Back
Top