Big HT (Hat Tip) to SMB Capital.divbr //divdivdivOur friends over at SMB Capital write an incredibly informative blog about the art of trading, the training regiment required for success, and what tools (both in your head and at your fingertips) are need to be successful consistently.br //divdivbr //divdivBelow is the pattern they described in the article they wrote on Thursday, April 30th describing VISA (V):/divdivdiv/divblockquotediv”I was aggressive right on the Open with V today because…../divdivolliit was very strong into the Close yesterday.  It never traded below 61.80 after the Fed and held nicely near 63.50 into the Close.br //liliThe first ticks were up above 64.br //liliThe first tested bid held.br //liliThe next resistance was not for miles, 67.br //liliV has a history of being explosive.br //liliV is a Tier 1 stock that Hedge Funds and Institutions buy.  Think best of breed.br //liliThe SPY’s are above 87.br //liliStrong stocks have made strong moves after solid earnings.br //liliThe bids kept stepping up and holding.  This is the key.  When I see this I think “game on.”  Now I am aggressive.br //liliThe bids never dropped from 64 to most of 67.50.br //li/ol/divdivI do not care where V closes.  This is a momentum trade to be made on the Open.  Later, the market rolled over so V plummeted.  I care about a pattern that I see time after time which most developing traders miss.  This is easy money.”br //divdiv/div/blockquotedivSource: “span class=”Apple-style-span” style=”color: rgb(3, 26, 88); font-weight: bold; line-height: 18px; font-family:Arial;font-size:18px;”a href=”http://www.smbtraining.com/blog/?p=552″span class=”Apple-style-span” style=”font-size:small;”“V” Right on the Open – Where I Want to Be/span/aspan class=”Apple-style-span” style=”color: rgb(0, 0, 0); font-weight: normal; line-height: normal; font-family:Georgia;font-size:16px;”"/span/span/divdivbr //divdivBased on the article I developed this strategy that caught ‘V’ and several others just like it on Thursday as well as Friday and will ongoingly.  /divdivbr //divdivThe strategy contains 2 alerts and 11 filters:/divdivbr //divdivspan class=”Apple-style-span” style=”font-weight: bold;”span class=”Apple-style-span” style=”font-size:large;”a href=”http://www.trade-ideas.com/View.php?O=40010_1d_0amp;QRU=2amp;MinPrice=5amp;MaxDNbbo=.15amp;MinVol=1000000amp;MinRV=1amp;MinYPV=95amp;MinPOORP=99amp;MinUp=1amp;MinSpy5=.05amp;MinFCR=1amp;MinRPD=99amp;MinMCap=1000amp;WN=Stocks+Like+’V'+Right+on+the+Open”"Stocks Like ‘V’ at the Open”/a/span/span/divdivspan class=”Apple-style-span” style=” -webkit-border-horizontal-spacing: 2px; -webkit-border-vertical-spacing: 2px; font-family:Verdana;font-size:13px;”  /span/divspan class=”Apple-style-span” style=” ;font-family:Arial;font-size:13px;”table border=”0″tbodytrtd style=”font-size: 10pt; font-family: Verdana, Arial, Helvetica, sans-serif; “ a href=”http://www.trade-ideas.com/Help.html#NHPF” target=”Alerts Help”img src=”http://static.trade-ideas.com/Alerts/NHPF.gif” border=”0″ title=”New high (filtered)” alt=”New high (filtered)” //a a href=”http://www.trade-ideas.com/Help.html#RU” target=”Alerts Help”img src=”http://static.trade-ideas.com/Alerts/RU.gif” border=”0″ title=”Running up; Filter=2 (1.0 shows the most alerts, 10.0 shows only the fastest moving stocks.)” alt=”Running up; Filter=2 (1.0 shows the most alerts, 10.0 shows only the fastest moving stocks.)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinPrice” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinPrice.gif” border=”0″ title=”Min Price=5 (Dollars)” alt=”Min Price=5 (Dollars)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MaxDNbbo” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MaxDNbbo.gif” border=”0″ title=”Max Distance from Inside Market=.15 (%)” alt=”Max Distance from Inside Market=.15 (%)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinVol” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinVol.gif” border=”0″ title=”Min Daily Volume=1,000,000 (Shares / Day)” alt=”Min Daily Volume=1,000,000 (Shares / Day)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinRV” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinRV.gif” border=”0″ title=”Min Current Volume=1 (Ratio)” alt=”Min Current Volume=1 (Ratio)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinYPV” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinYPV.gif” border=”0″ title=”Min Volume Yesterday=95 (%)” alt=”Min Volume Yesterday=95 (%)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinPOORP” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinPOORP.gif” border=”0″ title=”Min Position of Open=99 (%)” alt=”Min Position of Open=99 (%)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinUp” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinUp.gif” border=”0″ title=”Min Up Days=1 (Days)” alt=”Min Up Days=1 (Days)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinSpy5″ target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinSpy5.gif” border=”0″ title=”Min Samp;P Up 5=.05 (%)” alt=”Min Samp;P Up 5=.05 (%)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinFCR” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinFCR.gif” border=”0″ title=”Min Up from the Close=1 (Bars)” alt=”Min Up from the Close=1 (Bars)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinRPD” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinRPD.gif” border=”0″ title=”Min Position in Previous Day’s Range=99 (%)” alt=”Min Position in Previous Day’s Range=99 (%)” //a a href=”http://www.trade-ideas.com/Help.html#WSF_MinMCap” target=”Alerts Help”img src=”http://static.trade-ideas.com/Filters/MinMCap.gif” border=”0″ title=”Min Market Cap=1,000 ($1,000,000)” alt=”Min Market Cap=1,000 ($1,000,000)” //abr /br //td/tr/tbody/table/spandivNote: If you want to add more conservative risk to this strategy, one suggestion would be to increase the market directional filters in Trade-Ideas PRO and choose, for example, the a href=”http://www.trade-ideas.com/Help.html#WSF_MinSpy5″Samp;P 5 Min Up/a filter with a higher setting than 0.05% or make choose additional markets that must also be up.  This will only show you opportunities when the Samp;P or another market you choose is even  more positive./divdivbr //divdivspan class=”Apple-style-span” style=”color: rgb(255, 255, 255); line-height: 17px; font-family:Verdana;font-size:11px;”divspan class=”Apple-style-span” style=”color: rgb(17, 17, 17); line-height: 18px; font-family:Arial;font-size:13px;”a href=”http://twitter.com/home/?status=RT+%40BrettBorders+How+to+Build+a+Strong+Reputation+With+Comments++http%3A%2F%2Fbit.ly%2Fswmsz” style=”padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; text-decoration: none; color: rgb(119, 170, 153); “img src=”http://farm4.static.flickr.com/3407/3482009810_05ce51e6d3_m.jpg” style=”padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; border-width: initial; border-color: initial; border-top-width: 5px; border-right-width: 5px; border-bottom-width: 5px; border-left-width: 5px; border-top-style: solid; border-right-style: solid; border-bottom-style: solid; border-left-style: solid; border-top-color: rgb(255, 255, 255); border-right-color: rgb(255, 255, 255); border-bottom-color: rgb(255, 255, 255); border-left-color: rgb(255, 255, 255); ” / /aspan class=”Apple-style-span” style=”color: rgb(0, 0, 0); line-height: normal; font-family:Georgia;font-size:16px;”a href=”http://twitter.com/home/?status=RT+@TradeIdeas+These+Stocks+Trade+Straight+Up+from+the+Open+HT+@smbcapital+http://marketmovers.blogspot.com”Click here to share this on Twitter!/a/span/span/div/span/div/div/divbr /br /span class=”Apple-style-span” style=”font-size: large;”span class=”Apple-style-span” style=”font-weight: bold;”Related Articles/span/spandivbr //divdivThis is my favorite type of post: we find an article from someone reputable and model the pattern they’ve shared in the article inside Trade-Ideas PRO.  We not only find the stock that they mention in the article, but many others in the same pattern./divdivbr //divdivI need to do more of these – on top of all the ones we tag with the words, “a href=”http://delicious.com/tag/strategy-session?setcount=25″Strategy-Session/a”./divdiv class=”blogger-post-footer”img width=’1′ height=’1′ src=’https://blogger.googleusercontent.com/tracker/9446784-5737040103272726906?l=marketmovers.blogspot.com’//div

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