Swing Trading Four-Day Breakouts by Ken Calhoun
When trading breakouts, one challenge is to find charts that will continue to move in your favor. Here’s one pat-tern that could help you identify those strong moves.
Your biggest challenge in swing trading breakouts will be to find charts that continue up strongly after you enter your trade. A favorite strategy used by experienced traders is to look at the ratio of green to red candles in recent days’ trading for clues of the underlying technical trading strength ...