Trading for Tigers: High Probability Trading Tactics for Stocks, Futures & Options
Bulls and bears abound in the jungle of short-term trading, but only the tiger survives! This book is a pattern methodology trading manual that covers multiple high probability patterns in monthly, weekly and daily time frames. All patterns show graphical examples as well as programming code for Omega Trade Station. Testing of the patterns is provided. Also included is a section of market laws and maxims designed to keep traders on the right track.
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good,
Presents a number of monthly, weekly and a few daily chart setups. These are essentially just breakouts based on bar patterns with the occasional indicator for confirmation. In addition, there are backtested results for each of them that are eye boggling if true (75-90% win, 3 to 1 minimum). I figured there’s considerable curve fitting and many hours of computer scanning to find profitable patterns. This isn’t necessarily bad, and given as these patterns are all fairly long term.. few people would actually care to stomach the stops necessary to trade it. Interesting, nonetheless .. and again if these backtests are even 75% accurate, you are looking at some amazing setups.
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