The Putts – Day Trade Plays
Posted by huntingr on November 1, 2006
The Putt Play is some form of a Day Trade. I look for stocks that are having a Breakaway Gap, up on Strong Volume, or hanging around Support or Resistance. I also tend to look for set up’s in the stocks that I’m currently Swing Trading and positive in.
The set ups are fairly standard. I use a 30 minute chart and look for Narrow Range candles or Hammers (Shooting Stars) and play them in the direction of the trend.
I could elaborate on the whole issues but there are people how have already done a great job:
Maoxian – and make sure to look at his Trading for Dummies
These guys have a ton of great information on the different styles out there. I’m more concerned with the groups of stock you put your style to.
