PlanTradePlanMM

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. 10/20/2017 Weekly demand zone confirmed 3. G2: runaway Gap shows 40-50% of the trend. 4. Fib 0.618 retracement, 5. trend line break by breakaway Gap (G3). Entry at Gap up open 47 Stop: 45 Target1: 55; risk/reward=1:4 Target2: 61; risk/reward=1:7 Target3: 77. This supply zone...

PlanTradePlanMM

Condition: in SPY 15 min chart, whenever uptrend line break (TLB): Trend line break (TLB) Entry (Short): Market buy Apr OTM Put, Market Sell lower OTM Put, try to lock a down side range for free. One trade this morning, use $0.2 to lock $2 range: SPY at 250, buy P248 (market 8.06) SPY down to 248, Sell P246 (market 7.85) This is my personal strategy, ...

PlanTradePlanMM

Condition: Downtrend line was broken by Gap (G1). It is closed now, not a strong breakaway Gap. At least, it shows little up side strength. Trend line break (TLB) Entry: Stop/market buy above the trend line TL1, (below 34.5) Stop 0.5 below the trend line TL1, (about 32.5) Target1: 40; risk/reward=1:2.7 Target2: 50; risk/reward=1:7 This is a trading school...

PlanTradePlanMM

Condition: 1. Supply Zone Confirmed 2. double top in 60m 3. Uptrend line break TLB1. (Better wait for TLB2, about 166 ) Entry below trend line 168 Stop: 170 Target1: 160; risk/reward=1:4 Target2: 152; risk/reward=1:8 This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you for your support. Please use SIM/Demo...

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G0). Start a new trend. 2. 2/5/2010 Weekly demand zone confirmed 3. G1: runaway Gap shows 40-50% of the trend. 4. Fib 0.618 retracement, 5. Demand zone entry. Entry in demand Zone: below 55 or buy at next Gap up open Stop: 50 Target1: 75; risk/reward=1:4 Target2: 95; risk/reward=1:8 Better to see...

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. Weekly demand zone confirmed. (07/01/2016) 3. Triangle consolidation, near the uptrend line. Entry in side Triangle: below 21; or buy at next open if Gap breaks the Triangle downtrend line (G2) Stop: 20.5 Target1: 24; risk/reward=1:6 Target2: 25;...

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. G2: runaway Gap shows 40-50% of the trend. G2 Filled. 3. Demand zone conformed. Entry near demand Zone: below 22 ; Or buy after down trend line break; or buy at tomorrow open if Gap up (Gap3) ; Stop: 20; Target1: 26; risk/reward=1:2 Target2: 31;...

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. 7/10/2009 Weekly demand zone confirmed 3. G2: runaway Gap shows 40-50% of the trend. 4. Fib 0.5 retracement, 5. Demand zone. 6. Gap up today Entry in demand Zone: below 11.8 or buy at open Stop: 10.5 Target1: 18; risk/reward=1:5 Target2: 21; risk/reward=1:7 This is a...

PlanTradePlanMM

Existing Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. Gap Up above SMA50 3. double bottom reversal pattern confirmed Weekly demand zone in 11/28/2003; 4. 0.5 retracement, 5. Demand Zone, 6. price droped below 27.1, and back to above 27.8 (above SMA8) Entry above (SMA8) 27.7 and below 28.5 Stop below (SMA8) 27.5 Target...

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new uptrend. 2. 1/4/2019 weekly demand zone confirmed 3. 0.382 retracement, 4. Demand Zone (DZ), 5. SMA50 is support 6. price Gap up above SMA8 95.2 Makert buy at open 95.31: (or limit buy below 96 in first hour) Stop 93 Target1: 110; risk/reward=1:4 (ABC pattern size of BC=XA) Target2:...

PlanTradePlanMM

Existing Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. Gap Up above SMA50 3. double bottom reversal pattern confirmed Weekly demand zone in 11/28/2003; Use Fib number + simple moving average (SMA) + demand zone (DZ) to verify entry point: 1. 0.382 retracement, DZ1, If price raises above 29 (SMA8) or 2. 0.5 retracement,...

PlanTradePlanMM

I saw an idea from DRCRYPTOSTOCK. See the linked idea below. His idea is one of the good prediction. Here, I added little more explanations based on his idea. TLB: Trend line break. See TLB1, TLB2, TLB3, TLB4 Once uptend line is broken, the support line became resistance. Re-testing these broken trend lines provide short opportunities. To Verify the end of...

PlanTradePlanMM

XYABCD - ideal V reversal Pattern: Based one the first swing size, calculate all following swings: YA= XY * 1.618 (also could be 1.13, 1.27) AB= YA * 1.618 (also could be 0.786, 1.13,1.27) BC= AB * 0.382 (also could be 0.5, 0.618) CD1= 2.24 extension of YX (also could be 1.618) CD2= 3.16 extension of YX If any fresh demand/supply zone is before these...

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. double bottom reversal pattern in Weekly demand zone 3. Fib# 0.382 retracement, 4. demand zone. Entry in demand Zone: below 92 Stop: 90 Target1: 97; risk/reward=1:3 Target2: 103; risk/reward=1:5 DZ2: This is a better demand entry, and match Fib# 0.618; If it is a...

PlanTradePlanMM

Condition: 1. Supply Zone Confirmed 2. double top in 60m Supply zone 3. Uptrend line break. Entry below Supply Zone 153 Stop: 156 Target1: 147; risk/reward=1:2 Target2: 140; risk/reward=1:4 This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you for your support. Please use SIM/Demo account to try it, until...

PlanTradePlanMM

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. double bottom reversal pattern in Weekly demand zone 3. Runaway Gap (G2) in Uptrend. It shows 40-50% in the trend. 4. re-test demand, Gap filled. Entry in demand Zone: below 92 Stop: 88 Target1: 107; risk/reward=1:3 Target2: 140; risk/reward=1:9 This is a trading school...

PlanTradePlanMM

Condition: 1.IPO demand zone confirmed. 2.Downtrend line was broken by break away Gap. 3.in Uptrend, pullback to a fresh demand zone. Entry below 69 Stop: 63 Target1: 89; risk/reward=1:3 Target2: 100; risk/reward=1:5 This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you for your support. Please use...

PlanTradePlanMM

6/1/2018 Weekly demand zone confirmed Entry at demand zone: 34 Stop below this zone: 32 Target1: 40; risk/reward=1:3 Target2: 42, risk/reward=1:4 This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning...