Connors on Advanced Trading Strategies (Laurence A. Connors, 1998)

-

VIX Reversal

  • Buy
    1. VIX make 15-day high.
    2. Close of VIX below open.
    3. #1 and #2 met, buy S&P.
    4. Hold the position for 3 days.
  • Sell
    1. VIX 15-day low.
    2. Close of VIX above open.
    3. #1 and #2 met, sell S&P.
    4. Hold the position for 3 days.
TRIN thrust
  • Buy
    1. Closing TRIN is >30% below yesterday's closing TRIN, buy close.
    2. Sell on the close 2 days later.
    3. 1.5% to 2% stop.
  • Sell
    1. Closing TRIN is >30% above yesterday's closing TRIN, sell TRIN.
    2. Close the position 2 days later.
    3. 1.5% to 2% stop.
Percent Advance/Decline Indicator (PADI)
  1. Add total number of shares traded.
  2. Divide the number of advancing issues by the total issues traded (advances + total) to get today's advancing %.
  3. Divide the number of declining issues by the total issues traded (declines + total) to get today's declining %.
  4. Take the 6-day average of the advancing % and the 6-day average of the declining %.
  5. If yesterday's advancing average was 40% or higher and today's advancing average is less than yesterday's advancing average, sell on the close (only if the stock market is trading below its 100-day moving average).
  6. If yesterday's declining average was 40% or higher and today's declining average is less than yesterday's declining average, we buy on the close (only if the market is trading above its 100-day moving average).
  7. Exit in 5 to 7 days or if there is a signal in the opposite direction.
Trade only where the actions are

Other methods for stocks
  • ADX.
  • 8-day high/low reversal.
  • Spent market trading pattern (SMTP).
  • Crash, Burn and Profit (CBP) trading strategy.
  • When they're late, they're probably dead.
    • Companies that are late reporting their earnings.
    • Whose price trends lower below the earnings are due.

Comments

Post a Comment

Popular posts from this blog

Kokology Questions & Answers

-
[These are extracts only, to see the full details kindly purchase the original book] Kokology is the study of kokoro (Japanese: 心) which in the aforementioned language means "mind" or "spirit". ... The books were published in 1998 in Japan and became a Japanese bestselling phenomenon. The books were translated and became available in the United States in 2000. Below are some questions and answers for sharing: A Desert Journey Boring class settings, you drifted away and enter the eternal desert... 1. You are riding a camel and you are near exhaustion, what will you say to the camel? 2. Before you die of thirst, a traveler point to you a oasis, who is this person you know? 3. You finally come to your destination which is a town, what is your feeling? 4. After you dismount, another person took over, who is this guy? - 1. What happened when love is lost? 2. Who always help or comforted you? 3. What is your feeling after getting past lost love?...
Read more

Neuro-Linguistic Programming Models Summary (02 of 14)

-
GeneraliSation The The Meta Model generaliSations make explicit the way we summarise and categorise our experiences. Generalisations are basically the rules we use to manage life. There are usually exceptions or counter examples to rules. These rules and categories create self-imposed or company wide limitations. Examining these limitations is a powerful problem solving strategy. By generalising one or a few experiences, we can figure out what to do in a different experience. We learn to drive a particular car, and then use that experience to drive a new one. If we weren’t able to generalise, we would have to learn how to drive all over again. Problem Solving Examining categories and generalisations is an excellent creative problem solving strategy. What are the experiences that come to mind when you think of money for instance? We typically use an emotionally charged experience to stand in for all our experiences in a category. We generalise and categorise all kinds ...
Read more

Neuro-Linguistic Programming Models Summary (11 of 14)

-
The Inner Hero Pattern Beat the drum and let the poets speak. This is the day of purification for those who Are already mature and initiated into what love is. No need to wait until we die! There’s more to want here than money And being famous and bites of roasted meat. --Rumi Life can be lived in many ways. You can make it about making money or winning at all costs, or pleasing other people, or perhaps never standing out. Or you can live your life as a great journey of consciousness, one filled with many challenges and surprises, one that makes a positive contribution to the world. I want to talk here a bit about these different paths, emphasising that the Self-Relations approaches of Generative Self and Generative Trance are especially tools for supporting the latter path. Life as a journey has been described by many people, most notably the mythologist Joseph Campbell.  Campbell (1949; Gilligan and Dilts, 2009) studied the stories of many different cultur...
Read more