Archive for the 'Available Tools' Category

MrSwing Lite

Friday, February 1st, 2008

MrSwing Lite is a free newsletter that is published once a week – it identifies several stocks that are good long and short swing trading opportunities. You can look at the price pattern and obtain the necessary quote information (previous day’s high, low and close) using web sites like www.yahoo.quotes.com or www.stockchartz.com.
Not surprisingly, MrSwing recommends using SwingTracker to examine the price patterns and quote information because it is specifically designed for swing trading. Choose the tools that suit your needs and your budget.
Company: MrSwing.com
Address: 14781 Memorial Dr. Office # 991
Houston, TX 77079
Phone # for sales: +1 281 968 2718
Website: www.mrswing.com

  • Click link to request additional information about MrSwing Lite.
    E-mail address: mrswing@MrSwing.com
  • Real Time Charting Programs

    Monday, January 14th, 2008

    Software that scans historical stock prices and identifies swing trading patterns:
    SwingTracker is a real time charting program available at www.mrswing.com that is designed to identify swing trading opportunities. While SwingTracker has many features, the scan feature is used to identify stocks whose price action show patterns that make them good candidates for swing trading. The scan feature allows you to identify patterns based on price history, volume history, moving averages, technical indicators, candlestick criteria, and fundamental company characteristics. Scan criteria are saved in a scan library so they can be used over and over again. A scan scenarios (also called a template) can be used to evaluate patterns in over 6000 stocks on the NYSE, the AMEX, and the NASDAQ.
    This evaluation happens in real time. During the day, you can use SwingTracker to watch the price and volume behavior of individual stocks. You can easily monitor stocks on a favorites list, and set alerts to tell you when particular prices are reached. These features are available from other services, usually at a higher cost than SwingTracker.

    SwingTracker

    Since SwingTracker was designed by Mr. Swing, it comes with the ability to identify his favorite swing trading patterns, including those used to identify stocks for the MasterSwings service.
    We will describe some of the criteria used to select swing trading candidates in the section entitled Pattern Recognition Criteria.

    Subscriptions services

    Monday, January 14th, 2008

    Subscriptions services that provide daily swing trading recommendations mrswing offers a service called MasterSwings. Larry Swing uses technical analysis and pattern recognition software (SwingTracker) to identify candidates for swing trading. Every evening, subscribers receive e- mails that identify several different types of patterns that are conducive to swing trading. Aside from showing you the pattern, the email indicates the current price, the entry price, the target (limit) price for taking profit, and the stop loss price for limiting downside risk. This service can be used by investors at all knowledge levels.

    An example of a MasterSwings email alert for Lockheed Martin (LMT) is shown below.
    MasterSwings email
    A candlestick chart shows the recent price action for LMT, and a table indicates the closing price and all three action prices – the price to buy (using a buy stop order), the target price which is 7% above the purchase price (using a buy limit order), and the protective stop price which is approximately 4% below the purchase price (using a sell stop order). The 20- and 50-day moving averages (MA) are also shown so that you can more easily visualize the direction of the trend.

    The rational behind these prices are discussed in the section entitled The Master Plan.