Expansion Range Double Sticks End-of-Day Signal Discussion
Rules (via 'Hit & Run Trading II'):
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- Day 1 (yesterday), a stock must make a 60-day high and its range must be at least the third largest range day of the past 10 days.
- Day 2 (today) must close below its opening and its range must be at least the third largest range day over the past 10 days.
- If rules 1 and 2 are met we will sell short tomorrow, one tick under the day-two low and we'll risk 1 point with a protective stop.
- Use a trailing stop to lock in profits.
Go to the Expansion Range Double Sticks scan
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