1,2,3 Retracement Bearish End-of-Day Signal Discussion

Rules (via 'Hit & Run Trading'):
  • ADX must be more than 30 and the -DI more than the +DI.
  • Three consecutive higher highs or any combination of 2 higher highs and an inside day.
  • Tomorrow only, sell short 10 cents below today's low.
  • Initial stop: near today's high.
  • Thereafter, use a trailing stop.

    1. Go to the 1,2,3 Retracement Bearish scan