Linda Raschke's Street Smarts (with Laurence Connors, 1995) published exact rules for the failed-breakout and exhaustion setups she traded professionally, including Turtle Soup and the 80-20s.
A new 20-day low while the prior low is at least four sessions old. Named for fading the Turtles' breakout: when the break fails, the snap-back is the trade.
EdgeStacker is not affiliated with, endorsed by, or sponsored by any trader named on these pages. Scans are reproduced from each trader's own published work, with sources linked, for education and research. Nothing here is investment advice.
EdgeStacker is not affiliated with TC2000 Software Company or Worden Brothers, Inc. TC2000® is a trademark of its respective owner.