I combined my two scrips: Buy in long term uptrend and Draw SMA50 swing I found EMA144 also good to be used in 60M chart to verify trend direction. Condition: Weekly chat: V Pattern, 60M: 1.Double Bottom 2.SMA50 Cross Over EMA144 3.Demand zone is confirmed 4.Trend line Break (TLB1) Earning date: 7/17/2020 7:00 AM ET -- Earning will not affect this...
Using Script: Buy in long term uptrend (Weekly and Daily) Weekly uptrend, Side way consolidation above EMA(144) Price pulled back to the buy signal area where crossed EMA144 on 3/16/2020; Entry: 74 Stop: 70; when Below EMA144 Target: 90; risk/reward=1:4 This is a trading school homework. I need few months to practice trading plan. If you like it, thank...
WYNN side way consolidation above EMA(144) Waiting for Wedge break out. Entry: 84.5 Stop: 79; when Below EMA144 Target: 104; risk/reward=1:4 This is a trading school homework. I need few 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 rate.
False breakout: Break through the Supply Zone One bar Up, next bar down, Supply Zone had been confirmed after False Breakout Short: 306 -- when trend line beak (TLB1) Stop: 307.5; when breakout to higher High Target: 300; risk/reward=1:4 This is a trading school homework. I need few months to practice trading plan. If you like it, thank you for your...
15M Supply Zone, Might be double top Short: 305.8 -- when Uptrend line beak Stop: 307; when breakout to higher High Target: 300; risk/reward=1:4 This is a trading school homework. I need few 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 rate.
Add EMA(144) and EMA(377) to show a dynamic support Zone; Price crossover EMA144 today; Entry: 78.5 Stop: 75; when Below EMA144 and EMA377 Target: 92; risk/reward=1:4 This is a trading school homework. I need few 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...
Add "MM_UpTrend_Buy" -- See linked script; Add EMA(144) and EMA(377) to show a dynamic support Zone; Entry: 53.3 Stop: 51.7; when Below EMA144 and EMA377 Target: 60; risk/reward=1:4 This is a trading school homework. I need few months to practice trading plan. If you like it, thank you for your support. Please use SIM/Demo account to try it, until my...
Add "MM_SMA_Swing" with input: Show SMA(50), Dev (1%) Add EMA(144) Draw trend lines, Verify the price action: 1. Wedge breakout to up side, 2. Pull back to re-test the trend line Entry: 47 Stop: 45; when trend line break, also Below EMA144 and SMA50 Target1: 53; risk/reward=1:3 Target2: 58; risk/reward=1:5 This is a trading school homework. I need few...
Add "MM_SMA_Swing" with input: Show SMA(50), Div (2.5%) Drew trend lines, Verify the price action: 1. Wedge breakout to up side, 2. Pull back to re-test the trend line Entry: 51 Stop: 49; when trend line break Target: 57; risk/reward=1:3 This is a trading school homework. I need few months to practice trading plan. If you like it, thank you for your...
Condition: Daily uptrend line break by breakaway Gap (G1) Short: 162.2 Stop: 162.6 Target1: 160 Target2: 155 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 rate.
Condition: 1. False breakout stopped most of the positions bought in the demand zone. 1.1 After big down move 1.2 consolidation in Demand Zone 1.3 Break through the Demand Zone 1.4 One bar down, next bar up, closed Higher than previous high. 1.5 Up bar closed Higher than Demand Zone; 2. Down Trend line break. 3. 60 min demand zone...
Condition: 1. False breakout stopped most of the positions bought in the demand zone. 1.1 After big down move 1.2 consolidation in Demand 1.3 Break through the Demand 1.4 One bar down, next bar up, back to the demand zone. 1.5 Higher than previous high 2. Breakaway Gap (G1), down trend line break. Earning Date: 7/30/2020. It will not affect...
Condition: 1. weekly chart in uptrend (Price>EMA144>EMA233) 2. Runaway Gap (G1) Shows 40% of the trend. 3. 60 min demand zone confirmed Earning Date: 7/16/2020. It will not affect this trading plan. Estimate: Breakaway Gap (G2) up in next week. Entry: Below 90 Stop: 88 Target1: 98; risk/reward=1:4 Target2: 108; risk/reward=1:9 This is a trading school...
Condition: Higher time frame: SPY is in weekly uptrend. Price is above the support zone of EMA144 and EMA233 in weekly chart. Lower time frame: In 60 min, This is only a consolidation in uptrend. 1. 0.618 retracement of down move(339 to 218) 2. RSI(14) Divergence 3. Supply zone confirmed. 4. uptrend line break Estimate: 1. Form double top -- Target1:...
Condition: #1 Demand zone confirmed with false breakout #2 Down trend line break by Breakaway Gap Earning Date: 7/30/2020. It will not affect this trading plan. Stock Entry: 36.5 Stop: 35 Target1: 42; risk/reward=1:3 Target2: 45; risk/reward=1:5 This is a trading school homework. I need few months to practice trading plan. If you like it, thank you for your...
Condition: #1 3/8/2013 weekly demand zone confirmed #2 Down trend line break Earning Date: 7/2/2020. It will not affect this trading plan. Stock Entry: Below 42 Stop: 39 Target1: 47; risk/reward=1:2 Target2: 54; 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...
Condition: #1 demand zone confirmed #2 Down trend line break Estimate: Gap (G1) up in next two days. Earning Date: 7/28/2020. It will not affect this trading plan. Stock Entry: Below 77.5 Stop: 75 Target1: 85; risk/reward=1:3 Target2: 88; risk/reward=1:4 This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you...
USL Long, option trade with big stop buffer Try to accumulate oil long position at bottom in next two months. Stock Entry: Below 10.4 Stop: 9.6 (down to new low) Target1: 14.2; risk/reward=1:3 Target2: 19; risk/reward=1:18 In option trade, I bought Oct Call Butterfly C11/16/21 (Delta 0.15), limit 0.9; Sell P7 (Delta -0.18) Limit 0.9; Total simulate long 33...