Presentation Speaker, Advanced Topic:

Vas Madhava,
Independent Trader
Advanced Technical Topic:

Identifying High Probability Pullbacks in Up Trending Stocks

For the Advanced TA topic, Vas Madhava will show a simple technique to identify high probability low risk entries in trending stocks.  No indicators are used, only trend lines, trend channel lines and moving averages.

These pullbacks can then be used for both aggressive accounts to compound gains on multiple trades or for long term accounts to build positions over time.  He will then highlight the difference between a shallow pullback and a deep pullback. The software he will use is TC2000 for both charting and scanning.

Time permitting, he will show how he has automated this process so that all the stocks setting up on any particular day are recorded.  He will then take a random day from the audience and see how the setups on that day performed.

Time permitting, he will also show how the same setup can be used to identify reversals as well at very distinct points on the chart where high returns are possible.