Pascal
05-21-2015, 01:38 PM
Mike's system issued a high volume alert a few minutes ago for NXPI.
The e-mail alert looks like this:
30364
We can see that indeed, the volume is higher than the threshold:
30362
30363
So, I ran the Breakout Calculator, using the alert price as a BO trigger ($105.34). We can see below that the R/R ratio is not very good. The test has been made on the past two years.
30365
What is however interesting is that as the breakout price gets stronger, then the long trade has better chances to work.
30361
The e-mail alert looks like this:
30364
We can see that indeed, the volume is higher than the threshold:
30362
30363
So, I ran the Breakout Calculator, using the alert price as a BO trigger ($105.34). We can see below that the R/R ratio is not very good. The test has been made on the past two years.
30365
What is however interesting is that as the breakout price gets stronger, then the long trade has better chances to work.
30361