This page shows trading setups for stock and options traders. Look them over and make whatever changes you feel are necessary to get the setup to work for your trading style.
WARNING: It's been years since I posted these setups. They may not longer work or their performance has deteriorated enough to make them obsolete.
Use them at your own risk. My hope is that they will give you some ideas that might work better than these.
-- Thomas Bulkowski
September 19, 2017: No-nines. Here's a way for traders to increase profit and reduce failures.
August 29, 2017: Monthly trends. Here's a reliable sell signal for investors.
January 2, 2014: Golden triangle: Here's a trading setup based on a scallop pattern.
April 2, 2012: Retrace setup. This page will be updated each Friday with candidates for the retrace setup.
When trading options the focus should be on puts, not calls. Why? Because price drops faster than it rises. For example, on page 756 of my book,
Encyclopedia of Chart Patterns, Second Edition (the green book pictured on the bottom left), Table 49.2 for
symmetrical triangles says that it took price 124 days to climb an average of 31% after the breakout, but it took price 45 days to drop 17%, both in a bull market. The drop is over
twice as fast as the rise. And this is not an isolated example.