PlanTradePlanMM

PlanTradePlanMM Updated  Mar 27, 2020

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 Updated  Mar 27, 2020

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 Updated  Mar 27, 2020

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 Updated  Mar 26, 2020

Existing Condition: 1. in 60 min, down trendline break by breakaway Gap (G1) 2. Breakout V reversal pattern 3. Re-test the 60 min demand zone. Entry at demand zone: 107 Stop below this zone: 102 Target1: 124; risk/reward=1:3 Target2: 135, risk/reward=1:5 This is a trading school homework. I need 6 months to practice trading plan. If you like it,...

PlanTradePlanMM Updated  Mar 26, 2020

Existing Condition: 1. in 60 min, down trendline break by breakaway Gap (G1) 2. Formed V reversal pattern Entry at demand zone: 33 Stop below this zone: 30 Target1: 38; risk/reward=1:1.5 Target2: 46, 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...

PlanTradePlanMM Updated  Mar 26, 2020

Existing Condition: 1. in 60 min, down trendline break by breakaway Gap (G1) 2. Formed V reversal pattern Entry at demand zone: 29 Stop below this zone: 28 Target1: 35; risk/reward=1:5 Target2: 40, risk/reward=1:10 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 Updated  Mar 26, 2020

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...

PlanTradePlanMM Updated  Mar 26, 2020

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 Updated  Mar 25, 2020

Two possible long plans: #1 If Gap up next Monday, it is V reversal: Buy above 443 and below 455 Stop: 427 Target: 540 Risk/reward=28:85= 1:3 #2 If Price down to 370 to re-test the breakaway Gap, it might be double bottom: if keep going down below 370, do not buy. Confirmation entry: Buy above 380 and below 400 Stop: 350 Target: 600 ...

PlanTradePlanMM Updated  Mar 25, 2020

Existing condition: 1. Weekly demand zone confirmed 2. 15 min Chart double bottom formed Buy 75.5 or better price Stop: 73.5 Target 1: 81.5; risk:reward=1:3 Target 2: 86; 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 SIM/Demo account to try it, until my...

PlanTradePlanMM Updated  Mar 25, 2020

Existing Condition: 1. 05/17/2019 Weekly demand zone confirmed 2. in 15 min, down trendline break by breakaway Gap (G1) 3. Re-test the Gap, Gap filled. Entry below 53.2 Stop: 51.8 Target1: 58; Risk:reward=1:3 Target2: 61; Risk:reward=1:5 If G2 (breakwayGap up) breaks the 2nd down trend line. That is a confirmation of trend reversal. That is another entry...

PlanTradePlanMM Updated  Mar 25, 2020

ABBV to Long, from 67 to 81 Existing Condition: 1. 08/16/2019 Weekly demand zone confirmed 2. in 60 min, down trendline break by breakaway Gap (G1) 3. Re-test the Gap, Gap filled. Entry below 67 Stop: 62.5 Target1: 81; Risk:reward=1:3 Target2: 88; Risk:reward=1:4 If G2 (runway Gap up) breaks the 2nd down trend line. That is a measuring (40-50%) of the...

PlanTradePlanMM Updated  Mar 24, 2020

Existing Condition: 1. in weekly demand zone (12/28/2018) 2. 15m Double bottom 3. Gap up, down trend line break 4. re-test, Gap filled Entry near 27 Stop: 26 target: 31; 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...

PlanTradePlanMM Updated  Mar 24, 2020

Existing condition: 1. Weekly demand zone confirmed 2. 60 min Chart double bottom formed Buy above 158 and below 162 Stop: 155 target: 185 Risk/reward=1:3 This stock is not good in Option: Bid/ask too big. 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...

PlanTradePlanMM Updated  Mar 24, 2020

Existing Condition: 1. 11/15/2012 Daily demand zone confirmed 2. 60 Min Double bottom. Buy : 25 Stop: 23.8 target: 30; Risk/reward=1:4 If a Gap Up (See G1) breaks the down trend line, it will Confirm reversal in High probability. This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you for your support....

PlanTradePlanMM Updated  Mar 23, 2020

Condition: if SPY will go up next Monday morning. Confirmation Entry: Stop/market buy: above 5.75 and below 5.95 Stop: 5.30 Target:8.00 Risk/reward=1:3 This is a trading school homework. I need 6 months to practice my 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...

PlanTradePlanMM Updated  Mar 23, 2020

Existing Condition: demand Zone had been confirmed. G1: breakaway Gap broke previous downtrend. Pending Condition: Re-test breakaway Gap, After Gap fill, it should not go lower. Confirmation entry: If it goes lower after the Gap fill, do not buy. Buy Above 34.5 and below 34.85 Stop: 34 Target: 37.5 Risk/reward=1:3 Advanced Option Plan: YANG (Direxion...

PlanTradePlanMM Updated  Mar 19, 2020

SellToOpen Apr Call spread 250/260 Limit 5.8; STO Apt Put 210 market 6.80 credit; Total credit 12.6; 1. If SPY will stay above 260, I will win 12.6-10=2.6 2. If SPY stay Between 210 - 250, I will win 12.6; 3. Below 198.4, I will lose money; This is a mush better price than previous plan. I am willing to be assigned. If SPY price keep going down, there will be...