Aiman's parabolic reversal

[rinran 2]

Hey there,

Was wondering if someone could list the criteria for Aiman's parabolic reversal strategy. Either here or in the downloads section for TradeIdeas. I've been using a scan that looks for stocks that are 3% or more distant from the 5m 9 SMA, but I'm not getting many results with it.

Thanks,

R

 

[Streets 0]

I believe he uses the Up and Down extended scanners.

Hes in the process of doing a success webinar on it - at least that what he mentioned today in chat.

[Streets 0]

I do know part of the criteria is that the move is extended from the 9 and the 5.  I also think there needs to be a new low on the 2 min chart for an entry (from a long extension to a short position/scalp).