agiletrader2000

Yes, thanks. While waiting for the answers, I have found this one: Stock Screener - Thomas DeMark's Approaches - Industry Breakdown for Demark's trend lines, and this one: www.finviz.com/screener.ashx

Hi all, I would appreciate if somebody advised a comprehensive stock screener with ability to screen by trendlines' signals. I expect this tool recognizing classical trendlines and Thomas Demark's Trend Lines if possible. And then it would filter stocks for the following signals: "Trend line upward/downward breakout", "Trend line touch", etc.

I do analysis on Daily charts only. I think it is more confidential timeframe. TA works better on this, less noise, more exact TA analysis results. But when decision to open has been made, I can wait for an entering point opportunity based on H1 timeframe.

I have traded trend lines for a long time and here's what I'd like to share. The main point of my method is that you should determine a trend first. It's hardly to trust trend lines as sup/res levels when you don't see a trend. It's a safiest way of using trend lines - to analyse a trend, so you can make a very profitable trade. Once you have found a trend, you should sertainly trade in the direction of the trend. Wait till price crossed the trendline (consider here as sup/res level) and when buy on close. Set SL on opposite side of the line. Take profit is before the next sup/res level.

Yes I see. Is that correct for trends? Does this definition is still actual and used by traders: ... you can recognize a trend if you try to find a peak series. If you see ascending minimum peaks, it is most probably up-trend. Conversely, descending maximum peaks give us a hint about down-trend. ... When a trend ends? Just using the same definition. When ascending minimums are no longer ascending, meaning a new minimum peak is lower than prevoius, one can say that "Trend is no loger your friend". It's important what to do in this situation? ... Usually trend reversals do double tops/bottoms or "head & shoulders" pattern. So it is often possible to exit on return to resistance line (double bottom case) or "neck" line ("head & shoulders" case).

I'm new to options but I've learned a lot by now from the Options University dvds.The only thing I still do not understand is the trend of stocks. For every trend there is a strategy. But when is a certain trend a certain trend??? What does a slightly upwards trend look like? How many days will this pattern last? When do I need to get in? What are signals to look at? ( I need to know the same things for : agressive up or down, stagnation, 'normal'down/up, slightly down/up)