A different kind of trading Strategy - Vol High - Prior Vol High Top Entry

This is a new kind of trading strategy I had never seen written from anywhere. But it seemed it works for me. The nice thing also with this one is that you never chase the the stock when it pops. You just let it run, subsides and pulls back. But then you will need to trace back what I call a pre-surge Volume whose height is the next high against the highest volume, which is the surging volume (which I call Surge Volume) of that pop. Typically the pullback will rest against the high of the candle on that pre-surge volume.

To illustrate my point, this is how it works:

1. Look for a pop on high volume or a breakout from the upper channel of a VCP, like this example with AMD. Do not chase the rise. Let the Rise cool off and pulls back. 
2. Trace the Pre-Surge Volume, whose height is the closest height against the surge volume. Once you find that pre-surge volume look for the high of the candle associated with that volume. You can set a buy order based on that price. As per example, AMD after popping to a high of 14.75 pulled back the next 2 days. And if you set an order of 14.05 (in yellow color with dotted lines) which is the high of the pre-surge candle, that 14.05 would have been filled.
3. The 4th day your entry would have gained a realized profit of $0.53
4. I usually leave the stock to work its way up.
5. Your Stop Loss should be set below 14.05 around 5 to 10 cents below that price. 

NOTE: Sometimes this strategy may not work because there are stocks that never pulls back from its initial breakout or pop. You just need to assess the situation accordingly.