Unconventional and Unique Strategies

[K-Rock]

This has the potential to be a good thread; therefore, I hope other like minded traders will contribute.

 

[duard]

My favorite is the "double pump fake."

Two last pushes up or down to fully clear out the stops and buyers(sellers) await the other side of the stops eagerly absorbing the volume. Then calm (usually short lived and sometimes not at all) as the opposing team realizes they've been had and then reversal with force as everybody reverses.

I had been stuffed enough times on this one that I finally changed teams and been happy ever since.

 

[K-Rock]

Similarly, I pick tops and bottoms, but not reversals. I typical get in on a trend near the middle and ride it to the end.

Quote from formikatrading:

On the Edwards & Maggee note, I'm well-versed in conventional TA. One of the issues I have, though, is if anything in life is "conventional" or "accepted" then it is often flawed or wrong.

Part of the reason I started this thread is that it's very difficult to talk about how I trade because it doesn't fit with what everyone else has been taught. For example, I think I'm fairly good at picking tops and bottoms although "conventional" analysis says this is stupid and you need to wait for confirmation, etc. Well, what if MY confirmation is a handful of indicators that no one else uses (or uses in the manner that I do).