stephenleachman

MY TRADING PLAN (THE FOUNDATION TO MY TRADING)

FX_IDC:ZMWCHF   ZAMBIAN KWACHA / SWISS FRANC
2855 24 102
This is a condensed version of my trading plan . I follow this plan faithfully every day, It is the foundation to my trading. I mentioned in my approach segment of this trading plan that I build my strategies based on the tactics within my playbook. All the tactics I use to build strategies I have listed here on tradingview and they are as followed:
Chart Patterns:
  • FLAG PATTERN (TREND CONTINUATION)
    FLAG PATTERN (TREND CONTINUATION)

  • RECTANGLE PATTERN (TREND CONTINUATION)
    RECTANGLE PATTERN (TREND CONTINUATION)

  • SYMMETRICAL TRIANGLE (TREND CONTINUATION)
    SYMMETRICAL TRIANGLE (TREND CONTINUATION)

  • ASCENDING TRIANGLE (TREND CONTINUATION)
    ASCENDING TRIANGLE (TREND CONTINUATION)

  • DESCENDING TRIANGLE (TREND CONTINUATION)
    DESCENDING TRIANGLE (TREND CONTINUATION)

  • WEDGE PATTERN (TREND CONTINUATION)
    WEDGE PATTERN (TREND CONTINUATION)

  • ASCENDING TRIANGLE (TREND REVERSAL)
    ASCENDING TRIANGLE (TREND REVERSAL)

  • DESCENDING TRIANGLE (TREND REVERSAL)
    DESCENDING TRIANGLE (TREND REVERSAL)

  • SYMMETRICAL TRIANGLE (TREND REVERSAL)
    SYMMETRICAL TRIANGLE (TREND REVERSAL)

  • DOUBLE TOPS & BOTTOMS (TREND REVERSAL)
    DOUBLE TOPS & BOTTOMS (TREND REVERSAL)

  • WEDGE PATTERN ( TREND REVERSAL)
    WEDGE PATTERN ( TREND REVERSAL)

  • TRIPLE TOPS & BOTTOMS (TREND REVERSAL)
    TRIPLE TOPS & BOTTOMS (TREND REVERSAL)

  • HEAD & sHOULDERS (TREND REVERSAL)
    HEAD & sHOULDERS (TREND REVERSAL)

  • 1-2-3 REVERSAL PATTERN (TREND REVERSAL)
    1-2-3 REVERSAL PATTERN (TREND REVERSAL)

    Candlestick Patterns:
  • SHOOTING STAR ( BEARISH REVERSAL)
    SHOOTING STAR - CANDLE FORMATION (BEARISH REVERSAL)

  • HANGING MAN ( BEARISH REVERSAL)
    HANGING MAN - CANDLE FORMATION (BEARISH REVERSAL)

  • BEARISH ENGULFING ( BEARISH REVERSAL)
    BEARISH ENGULFING - CANDLE FORMATION (BEARISH REVERSAL)

  • DARK CLOUD COVER ( BEARISH REVERSAL)
    DARK CLOUD COVER - CANDLE FORMATION (BEARISH REVERSAL)

  • EVENING STAR ( BEARISH REVERSAL)
    EVENING STAR - CANDLE FORMATION (BEARISH REVERSAL)

  • DOJI (TREND INDECISON, REVERSAL)
    DOJI - CANDLE FORMATION (TREND INDECISON, REVERSAL)

  • HAMMER ( BULLISH REVERSAL)
    HAMMER - CANDLE FORMATION (BULLISH REVERSAL)

  • BULLISH ENGULFING ( BULLISH REVERSAL)
    BULLISH ENGULFING - CANDLE FORMATION (BULLISH REVERSAL)

  • PIERCING LINE ( BULLISH REVERSAL)
    PIERCING LINE - CANDLE FORMATION (BULLISH REVERSAL)

  • MORNING STAR ( BULLISH REVERSAL)
    MORNING STAR - CANDLE FORMATION (BULLISH REVERSAL)

    Indicators:
  • OPENING RANGES (PROVIDING A MARKET BIAS) -
    OPENING RANGES (PROVIDING A MARKET BIAS)

  • MY TOOLBOX (MY TECHNICAL TOOLS)
    MY TOOLBOX (MY TECHNICAL TOOLS)

  • ICHIMOKU KINKO HYO
    ICHIMOKU KINKO HYO (THE BEST TREND INDICATOR)

HarrisKhanMastoi
8 months ago
Stephen i really liked your post. I'd like to know for how much time you have been trading and what has been your average success ratio in trading. Thankyou
Reply
stephenleachman PRO HarrisKhanMastoi
8 months ago
I've been trading for about 3 years, all though i've only been making consistent profits for about a year now. For the past year i've been taking my trading very seriously and been maintaining around a 15 to 20% monthly gain on my account. My goal is to maintain a 30 - 35% monthly gain, not there yet but with time. Thank you...
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HarrisKhanMastoi stephenleachman
8 months ago
This is really impressive keep up the good job
Reply
DanV MOD
8 months ago
Thank you for sharing, it is an excellent publication and a nice summary consolidating several of your previous publications for handy reference in one place.
Reply
hirobo DanV
8 months ago
Hi Stephen, thanks for sharing with the trading community. I have learnt a lot! Keep up the good work and post more ideas.
Reply
stephenleachman PRO DanV
8 months ago
Thank you. organizing my overall trading plan here on tradingview has helped me out and I hope others can benefit from it to.
Reply
stephenleachman PRO DanV
8 months ago
Thank You.
Reply
Shishim16
8 months ago
Thanks Stephen
Reply
stephenleachman PRO Shishim16
8 months ago
No problem.
Reply
hleivacr
8 months ago
i love it.
Reply
stephenleachman PRO hleivacr
8 months ago
Thank you.
Reply
hleivacr stephenleachman
8 months ago
Could i share with my team?
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Cooke
8 months ago
Very nice post. How random you are looking at the kwatcha, thats my home currency :)
+1 Reply
stephenleachman PRO Cooke
8 months ago
Zambian. No im sorry, honestly I've never looked at the Kwacha. I don't trade in emerging markets.
Reply
GunjanRajguru
8 months ago
Thanks for sharing Stephen... this is just my 1st month in trading and to b precise its just my 12th day today... i have been learning to take losses as of now and its only motivating me to learn more... trading is truly a challenging work and the best part is its flexibility in working and earning... also it pushes you to be disciplined and upgrading ones knowledge daily about activities around the globe... thanks once again... wish you the very best to achieve ur goals....
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pritpalsahota1
8 months ago
Very Nice.
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BigBreak PRO
8 months ago
Thanks for sharing this. This has to be one of my favorite posts. I've managed to build my accounts over several years but I have not been consistent in doing so. I'm interested in creating a plan like you did but I've been trading stocks, ETFs, and stock options (no currencies). But I want to be flexible and I would consider switching to currencies if I think it gives me a better chance to produce consistent gains.
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tntsunrise TOP
8 months ago
it's so comprehensive! almost cover everything! I am TNTSUNRISE and I really appreciate your work for all the investors and traders.
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j_amui tntsunrise
6 days ago
@tntsunrise, Hmmm @TNT I am humbled by your comment. Knowing you as an experience and consistent profit making trader and teacher and going out to praise some one's work like this is very humbling. No wonder you making it. Thanks
Reply
Hey, thank you for sharing your knowledge. As I have noticed your tactics is mostly based on chart patterns. Many of these patterns can only be identified if a trader knows what impulse is. I have read your trading plan and watched through all of your pattern explanations and never found what exactly an impulse is... Do you have an objective definition of what an impulse is? You know that without this definition HALF of your work is useless. You also have many patterns that have a constituent part which is called trend. Again, the same question here... How you define trend? It is my only opiniton, but for me it is impossible to plan any trade using this trading plan. Cheers)
Reply
fxCharge
8 months ago
Thanks man for the info, i passed it all pretty much so i can print it out and put it on my wall . thank you very much
Reply
AnneSmith
7 months ago
what this unrelated to AUDCAD endless spam is doing in AUDCAD thread?
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j_amui
6 days ago
Thanks for sharing. Very educative and comprehensive. Its awesome
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