PlanTradePlanMM

PlanTradePlanMM Updated 

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...

PlanTradePlanMM Updated 

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...

PlanTradePlanMM Updated 

Important Note: USO long term target is "0". It is only good for short term trading. If it sounds strange, please google the reason. Existing Condition: 1. Double bottom pattern 2. Breakaway Gap(G1), trend line break. Stock Entry between: open and under 2.80 Stop: 2.2 (down to new low) Target1: 4.2; risk/reward=1:2 Target2: 5; risk/reward=1:3 Prediction:...

PlanTradePlanMM Updated 

Existing Condition: 1. Wedge pattern 2. 3rd touch at the bottom trend line. Stock Entry: below 26 Stop: 24 (after trendline break) Target: 50; risk/reward=1:12 Stock trade might be stopped easily. If it is not an option trade, better wait to short after the bottom trendline break; or Long after the top trendline break. In option trade, I bought Sep Call...

PlanTradePlanMM Updated 

Existing Condition: 1. in 60 min, down trendline break by breakaway Gap (G1, G2) 2. Double bottom reversal pattern Entry below 27.5 Stop below the bottom: 26 Target1: 33; risk/reward=1:3 Target2: 37, risk/reward=1:6 Predict: Runway Gap (G3); 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 

Condition: 1. 10/17/2014 weekly Demand zone confirmed 2. Two breakaway Gap (G1, G2), Two down trendline break 3. Re-test weekly demand zone Estimate: next breakaway Gap (G3), down trendline break; Entry: 31 Stop: 28.5 Target: 45; 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...

PlanTradePlanMM Updated 

Condition: 1. 3/8/2013 weekly Demand zone confirmed 2. breakaway Gap (G1), down trendline break 3. down to demand zone Entry: below 43 Stop: 42 Target1: 47; risk/reward=1:4 Target2: 53; 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 account to try...

PlanTradePlanMM Updated 

Condition: 1. Supply zone Confirmed 2. Up trendline break (TLB) Entry at 35 Stop: 36 (Above trend line) Target1: 32; risk/reward=1:3 Target2: 30; 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 trading plans get high...

PlanTradePlanMM Updated 

Condition: 1. Supply zone Confirmed 2. Up trendline break (TLB) Entry at 72.5 (below 73) Stop: 75 (Above trend line) Target1: 65; risk/reward=1:4 Target2: 60; risk/reward=1:6 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...

PlanTradePlanMM Updated 

Condition: 1. Supply zone Confirmed 2. Up trend line break (TLB) Entry at 52.7 Stop: 53.7 (Above trend line and zone) Target1: 49.7; risk/reward=1:3 Target2: 44.7; 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 account to try it, until my trading...

PlanTradePlanMM Updated 

How to make profit, If SPY will stay between 240 and 290, SellToOpen Jun C280/300 market 10.26 SellToOpen Jun P248 market 8.66 Total collect about $1900. If SPY stays between 248 and 280, I will get the max profit $1900. If SPY goes above 300, I will lose $100. If SPY goes below 230, I will lose money, I am willing to be assigned. In past three weeks, I...

PlanTradePlanMM Updated 

Condition: 1. double top 2. Up trendline break (TLB) Entry at 126 Stop: 128 (Above trend line) Target1: 118; risk/reward=1:4 Target2: 114; risk/reward=1:6 Target3: 110; risk/reward=1:8 TL2: next up-trend-line matches next demand T1; 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 

Condition: 1. Two breakaway Gaps (G1, G2) in one week. They show very strong strength. 2. Two down trendline break (TLB1, TLB2) Entry at today Gap up open before 128 Stop: 125 (below Gap G2) Target1: 140; risk/reward=1:4 Target2: 148; risk/reward=1:6 This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you for your...

PlanTradePlanMM Updated 

Condition: 1. Downtrend line was broken by breakaway Gap (G1). Start a new trend. 2. 10/4/2019 Weekly demand zone confirmed 3. double bottom 4. down Trend line break, and re-test Better to see next breakaway Gap (G2); Entry 17 or at next Gap up open Stop: 14.5 Target1: 20; risk/reward=1:1 Target2: 23; risk/reward=1:2 This is a trading school homework. I...

PlanTradePlanMM Updated 

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 Updated 

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 Updated 

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 Updated 

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...