Sunday, May 5, 2019

Scalping 5min and 15min

1.Pass all confirmation right shoulder to neck line
2. Engulfing pattern
3. Assess HH or LL  support and resistance diagonal 5min and 15min


Rules 5min
1. ratio 1:2
2. if fail next trade 1:1
3. trade interval must 1hr
4. 2 successive fail stop trade asses patternb(be cautious move to break even)
5. risk not more than 10 pips
6. overlaping trade ratio 1:1
7. target for the week hit stop trade 5min

Rules 15min
1. ratio amount risk on confirmation entry.
2. Highest of hihg  Stop lost  not more than 25 pips
3 target goal hit move stop lost of confirmation entry to break even
4 proceed to 5min trade




Saturday, January 26, 2019

786 Strategy

Bear 786

1. Break out of Support (mindfull on HS pattern)
2. Measure LH to LL
3. If Possible multiple Lowest Position Break
4. Wait for 768 or equal to Point A (above Point A find another)
5. Wait for Rejection before entry
6. Position Stop lost on HH of Point A.
7. Must only risk 30 pips (above 30 pips Find another)
8. Position TP on the close Body of Point B

Important
9. Trail Stop per Fractal
10. If Fractal is form before TP move stop Lost to Point A
11. If Fractal Break move stop lost to Entry point


Saturday, December 8, 2018

Head and Shoulders Trade after Neckline

Requirements
1. Knowledgable on Pullback strategy ( S Pattern)
2. Knowledgable on Fractal Strategy
3. Knowledgable on MA crossover

Tools
1. MA 20 and 50 (cross over)
2. MACD (confirm cross over)
3. Fractal (Entry Point , Stop Lost)
4. Fibanocci (Identify Retracement)

Plus Factor
1. Support and Ressitance on Multi time frame
2. Pattern trader

Rules and Guide
1. Full Head and shoulders is form
2. Get the neckline Horizontal and  Diagonal if Head and shoulders is in diagonal
3. Neckline to Right shoulder mark as the Head of S pattern
4. Right shoulder is the Wings of S pattern

(To Identify Potential Retracement after neckline)
5. Get Fib Extension and measure  the Neckline to Right  shoulder
6. Identify 1.27 and 1.618 extension  a guide that the market will retrace back to neckline
7. The feet of the S Pattern start in 1.27 minimum and Maximum 1.618
8 Measure Right Shoulder to Feet to get Area of Potential entry point 38.20% to  61.80%

(Confirmation of entry point)
9. Feet is on 1.27 minumum area Max 1.618
10 Retrace between 38.20% Min Max to 61.80% (tail of the S pattern)
11. Proceed to 15min time frame Find  Crossover 20 and 50 MA
     .Macd must support Crossover above 0 for cross over up below 0 Cross over down

IMPORTANT
(find crossover that MACD support befor proceed on next confirmation)
12.Turn on Fractal to identify potential entry
13. Entry right after 2nd Retest Stop lost on Rejection
14. Retest and Rejection fractual must not be greater than 30pips

(MUST TO DO)
 Retracement 38.20% will give you Entry point but be aware that maket could move retracement to 61.80%.
1. Always Move Stop Lost to the Profitable location once you reach the Price that you Risk.