The Mechanical Workhorse

 

There are some hidden gems here. As usual, we looked for trades that could be forced, and we found them in plentiful supply. Most of the time we were a step or two behind the trigger but still close enough to see the choices we made justified in real time. The 15-minute chart continues to be the best vehicle for day-trading. We used mostly ‘mechanical’ set-ups, sometimes in conjunction with ‘reverse’ patterns, to fashion triggers and stops.