PlanTradePlanMM

PlanTradePlanMM Updated 

The Highlighted Area had been traded many times. Buy orders and Sell orders had been filled by each other. Once demand zone got confirmed, This area will be treated as GAP. Earning will not affect this trade. Entry: 74.5 (Below 75) Stop: 72.8; Below Demand zone Target: 82; risk/reward=1:4 This is a trading school homework. I need few months to practice...

PlanTradePlanMM Updated 

V Pattern, Fib 0.382 retracement Demand zone is not confirmed yet. Estimate: Gap Up (G1) above EMA144 Earning will not affect this trade. Entry: 140.5 Stop: 137.5; Below Demand zone Target: 155.5; 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 support. Please use SIM/Demo...

PlanTradePlanMM Updated 

Using EMA144 as support Entry: 56 Stop: 54; Below EMA144 Target: 62; 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 support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

PlanTradePlanMM Updated 

Using EMA144 as support Demand Zone confirmed. Entry: 11.2 Stop: 10.2; Below EMA144 Target: 14.2; 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 support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.

PlanTradePlanMM Updated 

Add my study "MM_UpTrend_Buy", Add EMA(144) Today shows "buy" flag. Entry: 48 (below 48.8) Stop: 45; when trend line break, and Below EMA144 Target: 60; 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 support. Please use SIM/Demo account to try it, until my trading plans get...

PlanTradePlanMM Updated 

V Pattern (XYABCD) FIB# calculation YA= XY * 1.618 (also could be 1.13, 1.272) AB= YA * 1.272 (also could be 0.786, 1.13,1.618) BC= AB * 0.382 (also could be 0.5, 0.618 ) XD1= 1.618 extension of XY XD2= 2.24 extension of XY XD3= 3.16 extension of XY I will create detailed trading plan according to following price action: 1. If Price goes into demand...

PlanTradePlanMM Updated 

Condition: 1. Wedge Break out to up side. 2. Previous Supply zone became a new demand zone Projection: side way consolidation in uptrend Next Earning date is 7/22/2020; Stock Prepare to Buy: 48 Stop: 46 Target: 58 : Risk:Reward= 1:3 In my Live trade, I sold Put. I am not a professional trader. I need few months to plan trade and trade plan. If you like it,...

PlanTradePlanMM Updated 

Condition: 1. Breakaway Gap(G1), it ended the down trend. 2. Runaway Gap (G2) above previous Supply zone; And Gap up above EMA144; it shows in middle of an uptrend. 3. Re-test EMA144 4. previous Supply zone became a new demand zone Next Earning date is 7/24/2020; Buy: 17.5 Stop: 15.5 Target: 28 : Risk:Reward= 1:5 I am not a professional trader. I...

PlanTradePlanMM Updated 

This is My Study script: Buy in long term uptrend (Weekly and Daily). Last week, Price Gap up above the side way consolidation Today, price re-test EMA144. Buy above EMA144 below: 79 Stop: 75 Target: 92 : Risk:Reward= 1:3 I am not a professional trader. I need few months to plan trade and trade plan. If you like it, thank you for your support. Please use...

PlanTradePlanMM Updated 

This is My Study script: Buy in long term uptrend (Weekly and Daily). Today, price touched EMA144. Buy above EMA144 below: 98 Stop: 91 Target: 140 : Risk:Reward= 1:6 I am not a professional trader. I need few months to plan trade and trade plan. If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high...

PlanTradePlanMM Updated 

Condition: 1. Uptrend consolidation, Touched EMA144 yesterday -- See related Script link. 2. Demand Zone matches Fib# 0.382, 3. But demand is not confirmed yet, Projection: Trendline break by Breakaway Gap (G1) Earning date: 8/18/2020 7:00 AM ET -- Earning will not affect this plan. Entry: 121 Stop: 119; Target: 132; risk/reward=1:5 I am not a...

PlanTradePlanMM Updated 

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 Updated 

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 Updated 

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 Updated 

Replace yesterday's CME plan by this. Existing condition: 1. Weekly demand zone confirmed 2. 60 min Chart double bottom formed Plan A: If open near today's close Buy below 142 Stop: 131 target: 185 Risk/reward=1:4 Plan B: If open Gap up (G1) break trendline Buy at open (Better under 150) Stop: 143 -- If it is breakaway Gap, it should not pull back under the...

PlanTradePlanMM Updated 

This is one of the images in my vision. I will provide another different image of "V" reversal pattern later, it will be same as 12/24/2018 reversal, SPY will go to new high. In this image, SPY is in the Elliott waves wave #4, and in a smaller Elliott waves wave#3 (w3). 285-290 is the target of wave4. If there is Gap to wave4 trend line, Wave5 target will be...

PlanTradePlanMM Updated 

Condition: 1.Runaway Gap (G1) Shows 40% of this trend. 2.Uptrend Consolidation around EMA144. 3.Looks like wave#4 Projection: Pending for Trend Line Break (TLB1) Better see Breakaway Gap (G2) Earning date: 7/13/2020 6:00 AM ET -- Earning will not affect this plan. Entry: 132 Stop: 128; Target1: 145; risk/reward=1:3 Target2: 168; risk/reward=1:9 I...

PlanTradePlanMM Updated 

Condition: 1.Runaway Gap (G1) Shows 40% of this trend. 2.V Pattern 3.demand zone confirmed. 4.Cross Over EMA144 Earning date: 8/6/2020 7:00 AM ET -- Earning will not affect this plan. Entry: 61 Stop: 59; Target1: 67; risk/reward=1:3 Target2: 74; risk/reward=1:6 Using EMA144 as Support is one of my long entry script. See the linked Related...