Tiger Shark Trading, Daily Commentary from Professional Traders - http://www.tigersharktrading.com
Trend Resumption Pattern: Persistent Pullbacks
http://www.tigersharktrading.com/articles/1804/1/Trend-Resumption-Pattern-Persistent-Pullbacks/Page1.html
By Dave Landry
Published on 11/5/2005
 
Professional trader Dave Landry continues his Introduction to Swing Trading series with a video lesson on another trend resumption pattern, Persistent Pullbacks.

Trend Resumption Pattern: Persistent Pullbacks

In my ninth lesson for this series on swing trading, I explain my favorite swing trading pattern, Persistent Pullbacks. With Persistent Pullbacks, we want a stock that has moved one month -- approximately 20 daily chart bars -- in one direction.  We're looking for at least 10 points in that move, and then we enter on a pullback.  Watch my trading lesson for an in-depth explanation.

Make sure your sound is turned up when you watch my lesson. A new browser window will open and the lesson will begin playing immediately.

To watch the lesson, click here.

All of my video lessons, in date order, are located here.

Dave Landry is a President of Sentive Trading, a money management and research firm, and a Principal of Harvest Capital Management, a hedge fund. Mr. Landry can be contacted at dave@davelandry.com.