Strategy (Signals)
Excellent Entry Signals
While we certainly can look through all the candidates generated by the OmniScans (and some users do this), a huge time savings is generated by running the Strategy provided with the RocketTrade Method.
The Strategy looks for candidates with the highest Relative Strength that are turning up off a Moving Average. This often results in candidates that “run” which is where the bulk of the profits come from.
In the training sessions, Ed shows examples of how to select the best candidates from the Entry Signals presented in the Focus List. Part of the process is identifying chart clues that indicate they are likely to go higher.
We use the Signals and Scans to do this in about 10-15 minutes a day across all candidates in the entire market. So far, the results speak for themselves!
The chart for PLUG shows the Power of the Strategy coupled with Relative Strength combination. You can see solid green for 2 months where Accumulated Relative Strength is above zero, coupled with pull-backs to the ZMA for the Signal. Time and time again, this combination results in EXPLOSIVE moves.
Trade Examples
