Tuesday, July 1, 2014

Profitable Pattern: #GAYAZ

Monday turned up another profitable pattern to try. Pattern, GAYAZ, has excellent trade potential when matched at Neutral or Higher: the pattern had a historical success rate of 47% when using a 15% target and a 5% stop, for an average return of +5.1% per trade.

The only problem with the pattern is that it's quite rare. For example, there was only one match in June, and four in May at the Strong match setting.

ACE hardware was the match from June and is trading at a 0.35% discount to the entry.

Switching the match strength down to Neutral offered more opportunities (but the win percentage is less).

Hasbro is the most recent match and has an entry close to the original entry price.

Of the June matches:

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