Price range breakouts
Trade on 3 days and 5 days High/Low price brekaout : On Buy side, place previous close/high as stop order. On Sell side place previous close/low as stop order.
Trade on Weekly/Monthly High/Low price brekaout : On Buy side, place previous close/high as stop order. On Sell side place previous close/low as stop order.
50% in range crossover : In this method, need to combine weekly & Intraday range.
Example : For stock 'XYZ' trading @ 103, Week low :100, Week high : 110. Current week range is 10. So, 50% = 5.
Add 5 to range Low, 100+5 = 105. In this case it is sell signal with stop of 105.
If croses 105, Buy with Stop order 105.
Continuous Gainers & Losers
Identify and Observe few stocks behaviour on a regualr basis. If any stock is continuously Gaining / Losing for more than 3 to 5 days, On 4th or 6th trading day,
If stock trading in Opposite direciton, Try to initiate a trade with a stop loss of previous High/Low or Today's High/Low as stop order.
Please be cautious while using this method. apply only on high volume stocks and most active stocks only.
Example : If stock 'XYZ' 1 to 5 days regularly closed on Positive side, and today trading in Negative side, then try to initiate Short with stop order of previous day's high or Today's high.
If any stock suddenly gains/loses highest percetnage today, compared to recent trading days. Then try to follow the trend. If that stock is a narrow range stock, then the chances of success is high.