Saturday, November 1, 2008

INVESTING STRATEGIES - Rivalland Swing Trading.

Rivalland Swing Trading.

Source: Mark Rivalland on Swing Trading

• Establish the long-term trend using the FTSE Swing chart, Coppock Indicators
etc. Avoid taking positions between 7 and 31 December, or if the 5-week RSI is
overbought.
• Determine the short-term trend using both Swing and P & F charts. The Swing
chart has primacy.
• Individual stocks – use the FTSE Swing chart as a filter for entering the market.
Do not trade against the trend.
• Concentrate on the largest 50 FTSE companies.
• Do not take a position if the weekly RSI is overbought.
• Trade on the first day after a 3-day+ counter-trend has ended.
• Be flexible on the requirement for 3 consecutive days, as long as the time span is
relatively short.
• P & F charts – use Box sizes of 1.2 to 2.5% and a 3 Box Reversal.

Best signals:
• Triple Top esp. TT with Rising Lows
• Long Tail Down (for bottom fishing)
• Bearish/Bullish Shake-out
• Whipsaw.

Take profits using 5-day RSI:
• 80-84 consider profit taking
• 84-88 ½ profits
• 88+ full profits.

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