|
Percentage Pullback Scans
Dear Trader, 
I'm a full time
trader with 20 years of market experience and I put my own money to work in the market every
day. I've shared some of my trading
techniques and systems at
seminars across the country;
presented at the Traders Expo,
and published articles in Stocks
& Commodities, Traders-
Journal, The Opening Bell, and
Working Money.
The 'Percentage Pullback Scan' package offers four powerful scans. There are two long pullback scans and two short pullback scans; that look for percentage pullbacks in either up trending or down trending stocks. The difference between the two long scans is that one uses a moving average of the NASDAQ for timing and the other doesn't. It is the same case for the two short scans, both are identical except one uses a moving average for timing and the other does not.
This powerful trading package includes the AIQ EDS file containing the four scans and 16 pages of documentation. The documentation outlines how to use the scans, money management techniques, stop loss placement, how to place limit orders at a price target, and example trades.
"These scans are part of my trading tool box and ones that I run every evening to look for trading candidates. I have made a lot of trades using these scans." Steve Palmquist
Here's what you'll get with this trading package
The four Percentage Pullback scans that I run every evening are:
Retrace PCNT setup Long This scan looks for stocks that have been in an up trend then retraced or pulled back at least 10% off the highs. Retrace scans are most effective in a trending market or a wide trading range. They should be avoided in narrow trading ranges.
Here is one of the candidates from running the Scan on 02/13/06, ticker AEM from the scan report and its accompanying chart. The date of the scan is the black arrow indicating the retrace point.


Retrace Long with QQQ filter This scan is identical to Retrace PCNT setup Long outlined above except that it only shows candidates when the NASDAQ (as measured by QQQQ) is above its 30 day simple moving average.
Retrace Short Setup This scan looks for stocks that have been in a down trend then retraced or pulled back (that is risen) at least 10% off the lows. Retrace scans are most effective in a trending market or a wide trading range. They should be avoided in narrow trading ranges.
Retrace Short with QQQQ filter Is identical to RetraceShortSetup outlined above except that it only shows candidates when the NASDAQ (as measured by QQQQ) is below its 30 day simple moving average.
PLUS Included with these 4 exceptional scans is Steve's Percent Pullback Scans Guide In this book, Steve explains the concepts and criteria behind each scan and includes examples from his actual trading day. PLUS these important trading techniques:
Where to set alerts for candidates for the next trading day.
What indicator is a guide for placing your limit order.
Where to place your stops.
what type of 10% pullback yields the best results.
Setting stops when the market is non trending.
The importance of volume during the pullback.
profit targets in different market conditions.
Using order cancels order.
Importance of analyzing market conditions.
This powerful set of trading scans and accompanying guide is available for only $377 click here to order
(You will need AIQ
TradingExpert PRO software to run this analysis
system. )
 | Already have TradingExpert Pro? click here to receive a limited time special price for this unique trading package.
And remember successful trading takes patience and discipline and a good money management plan.
|
Best regards,
Steve Palmquist, Founder
www.daisydogger.com
Terms of Use & Disclaimer:
No one associated with this document is an investment advisory service, nor a registered investment advisor, or broker-dealer; and we do not intend to suggest which securities readers should buy or sell for themselves. Readers should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment. Trading stocks involves risk and you may lose part or all of your investment. Do not trade with money you cannot afford to lose.
All readers should consult their registered investment advisor concerning the risks inherent in the stock market prior to investing in any securities. Readers cannot assume that profits will be realized, or that any trade will be profitable.
The Information provided in this document or the scans referred to is not to be relied upon for your investment decisions. Your decision to buy or sell any securities is a result your own decisions, free will, and your own research. We are not recommending the purchase or short sale of specific securities. Trading should be based on your own understanding of market conditions, price patterns and risk; our information may contribute to your understanding but you are ultimately responsible for all trading decisions. Controlling risk through the use of protective stops is critical to controlling losses.
The information provided in this document and the associated scans is for educational purposes only; and provided on an "as is" basis without regard to your investment goals, financial circumstances, investment knowledge, or trading abilities. Investors can and do lose money from investments. You agree to hold the authors of this letter completely harmless as a result of reading or using this information. All references to " Buy" or "Sell" or related terms should not be construed as a recommendation that you in fact should buy or sell and products or securities, as it is only a form of expression on the authors part.
All users must be aware there are risks inherent in the stock market. Past performance does not guarantee or imply any future success. This document is provided on an "as is" basis without warranty of any kind, either expressed or implied. Information is compiled from sources believed to be reliable, but they may contain errors. Users should always double check the information on their own prior to making any investment decision. All original material in this document is copyrighted by Daisydogger, Inc. The copyright holders do not grant you a license to any content, features, or materials in this document.
|