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Screener Questions

Source: http://alphatrends.blogspot.com/2008/05/screener-questions.html
Posted on Tuesday, May 13th, 2008 | In Current Market News
Contributed by: Brian Shannon (http://alphatrends.blogspot.com) -

I received a few questions about the stocks I posted on Saturday. All of the stocks were found the old fashioned way, I manually search through hundreds of stocks each weekend to come up with a list of stocks to watch for the following week. I only used Finviz as an effective way to display those stocks. The process of how I find those stocks is explained thoroughly in Chapter 18 of my book.

As for what do I look for as a trigger to enter a trade on those stocks, it is when the trends are aligned across multiple timeframes. For swing trades, I use the DAILY chart to identify a trade candidate, the 30 MINUTE timeframe to identify if there is a favorable risk/reward ratio and the 10/5/2 MINUTE timeframe to fine tune my analysis for entry points and to manage risk.

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About Brian Shannon (http://alphatrends.blogspot.com)
Brian Shannon is a full time trader who shares his market experiences on the highly popular alphatrends.blogspot.com site. Alpha trends has been called "the youtube of technical analysis" by Technical Analysis of Stocks & Commodities Magazine (March 2007) and has been praised in Barron's (October 23, 2006) and Active Trader Magazine (July 2007). Brian trades an account at www.worldcupadvisor.com since March 2006 and in that time has more than tripled the results of the S&P 500. He can be reached at alphatrends@gmail.com

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