CHAPTER 13
Multiple Chart Trading: Using Kase StatWare, and KaseX

Section 13 discusses Kase's trading methods using Kase StatWare and KaseX, the latter of which is also published as Kase Private Label. These approaches employ Kase's proprietary algorithms, but are simple to follow and execute. The questions below include trade examples using these methods, as well as an example of scaling up to a higher bar length.

QUESTION 13.1   CMCSA Daily with Kase StatWare and KPO, Wide Stops

images
  1. If you wanted to enter long aggressively, where would you get in on a first signal?
  2. If you wanted to use normal rules and take a second signal long, where would you enter?
  3. Why aren't any of the orange “S” signals valid for entering short?
  4. Where would you have exited using momentum divergence plus Dev1 and/or Dev3?
  5. Alternatively, if you were exiting on a valid short signal, where would you exit long?
  6. Which was the better exit in this case, and why?
  7. Around what date was there a previous high from which you could have drawn divergence?

QUESTION 13.2   CMCSA Weekly with Kase StatWare and KCD, Wide Stops, Tolerance 3

images
  1. Assuming you were long coming into the chart, where would you exit using normal rules?
  2. Following the exit, where would you have entered short?
  3. At what points would you have exited short? What percentage at each point?
  4. Where would you have entered long?
  5. If you had actually entered the trade on the daily chart in Question 13.1, could you have scaled up to the weekly right away, or would you have had to wait?
  6. Would you still be long at the end of the chart? Why?

QUESTION 13.3   GBPUSD 33 Percent of Daily Range Kase Bar, KaseX

images

The chart above is a 33 percent of daily range Kase Bar chart. This means that each bar's range is approximately 33 percent of the daily bar ATR. Assume you took a short position on the purple down arrow. Exit as follows: Dash2 hit, or green triangle followed by close over Dash1, or yellow and green triangle followed by Dash1 hit, or momentum divergence. Reenter on a consecutive purple down triangle.

  1. Mark your exits and reentries. Explain.
  2. Now assume you would enter long on two consecutive up triangles with the second triangle green, provided there wasn't a purple down triangle or down arrow in between, where would your long entries be?
  3. All but one of the long entries would have reversed to short on a consecutive purple down triangle. On what signal would that one trade have been exited?
  4. What would your current position be? Where would it have been entered?

QUESTION 13.4   X Daily with KaseX

images
  1. Overall, would it have been better to enter short aggressively (on a yellow triangle plus down purple arrow) or on a normal signal?
  2. Overall would it have been better to enter long aggressively (yellow triangle plus up green arrow) or on a normal signal?
  3. If you were exiting on a divergence signal followed by a stop hit, or on a normal reversal signal, where would you have shorted?
  4. Where would you have exited long?
  5. What would your current position be? Why?

QUESTION 13.5   M Daily with Kase StatWare

images

M Weekly with Kase StatWare

images
  1. Mark the initial entry point for a second buy signal after a pullback in the daily chart.
  2. Mark the point at which you could have scaled the long trade to the weekly chart.
  3. Circle the whipsaws that would be avoided on the daily chart by scaling to the weekly chart.
  4. Mark the exit on the weekly chart.
..................Content has been hidden....................

You can't read the all page of ebook, please click here login for view all page.
Reset