AGAIG Weekly Swing Trading Income For ThinkOrSwim

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AGAIG WEEKLY SWING TRADING INCOME

Today I want to offer a strategy for swing trading using my AGAIG Charting with the potential for good Weekly profits. For this method I use spreads (10 – 15 points or more) with expirations three to four weeks into the future. This method has great potential for profitability.​

Because I have a personal aversion to screening (since all stocks essentially make the same movements) I am using a six-chart view for myself (you could double chart if you want more stocks). The charting is very simple showing only the ATR Label with Daily/Weekly/Monthly movement plus the following two indicators:

•The AsGoodAsItGets_indicator set at 1.75 ATR REVERSAL

•AsGoodAsItGets_UpperSquaredHistogram set at 2.0 ATR REVERSAL.

CHART LINK: http://tos.mx/!2ALilXTq
Six Chart View:

THESE TWO INDICATORS ARE MY ONLY ENTRY/EXIT POINTS
although one can exit anytime they are happy with the results.​

As you can see all charts are DAILY CHARTS with stocks I have chosen having a weekly range from 14 – 33 points. My entries will be when both indicators are in agreement. We always recommend at least two indicators in agreement before placing trades.

REMEMBER: when the Histogram (RED/GREEN VERTICAL) is showing both
AsGoodAsItGets indicators are in agreement.​

You can use any stocks you want to follow. These just happen to be ones I have selected for demonstration purposes.

As you can see movement of that magnitude (ATR) within a few days can have large profit potential. My trades are usually placed ATM (At-The-Money) with a 10-15 point spread.

This may be a good trading method for some of you? Pick six stocks you like and give it a try!​