PlanTradePlanMM

PlanTradePlanMM Updated 

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 

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 

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 

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...

PlanTradePlanMM Updated 

Buy Apr Call 241/251 Limit 5.25 Entry above: 240 stop: 236 Target1: 254 Target2: 268 In such kind quick and big move, how to join the trend with low risk? Here is an ideal plan: Condition: 1. SPY must go into a demand zone, Gap into is the best, and go up above It quickly 2. this is an intraday trade, must close/cover today. This is a trading school homework....

PlanTradePlanMM Updated 

If Gap down breaks trend line, Short at 97.5 or higher Stop 103 target 81 Risk/reward=5.5/16.5=1:3 If Gap down below 97.5, wait for pullback. if gap and run, do not chase, let it go. This is a trading school homework. I make no promises or guarantees of earning. I need next 6 months to practice my trading plan, and learn from my teachers continually. If...

PlanTradePlanMM Updated 

Waiting for re-test the demand zone to form a double bottom. Demand Zone 94 - 96 (6/24/2013 ) Use confirmation trading plan: Price must down below 96.5, and should not close below 95.5, the low should not go down below 94. When it goes up back to 96.5, use stop order or market order buy. If it will Gap up and not above 100.5, market order buy at open. Stop:...

PlanTradePlanMM Updated 

Waiting for a pullback to test the hourly demand zone (88-90), prepare to long. It will form a revised head and shoulders pattern. price must down to 89.8 and above 88; Stop or market buy at 90; Stop 87.5; target1=98. risk/reward =1.5/8=1:5.3 target2=106 risk/reward =1.5/16=1:10.6

PlanTradePlanMM Updated 

In a weekly chart, DIS is in downtrend consolidation. This plan is to short at hourly supply zone. First supply zone, use confirmation entry: Price needs to go above 118, and not over 120, when it goes down, Stop Short 117.5 Stop 120 Target:99.5 risk/reward=2.5/18=1:7.2 2nd supply zone, use Limit entry: Limit Short 122.5 Stop 125 Target:99.5...

PlanTradePlanMM Updated 

This is one of the images in my vision. I have provided another different image of Elliott waves. see attached link. In this image, SPY might be a "V" reversal pattern. See left 3 samples in SPY daily chart: Dec. 2018; Jun. 2019; Oct. 2019; SMA200 will become support once the price is above it. "V" reversal is one kind very strong trending pattern. In all these...

PlanTradePlanMM Updated 

Condition: If SPY could conquer the 290 quickly, which shows SPY in V reversal pattern. If SPY is in side way or down trend, don't take this trade. AMD is relatively stronger than SPY. It will have better chance to go up. AMD price must go above 52 first, and down below 48; If AMD cannot pass 52, the next down target is 36 and 32 (two fresh demand zones below...

PlanTradePlanMM Updated 

SPY at 261 is fresh demand zone. Prepare to long here, target is 285. 245 is the next fresh demand zone. Sell to open next month (Apr) SPY 245 PUT ; It should be more than $1000 per contract; None stop, Willing to be assigned. Cost is less than 235 per share. Only need 12,000 cash. #1 After this entry, if SPY will go down to 235, which is down more than...

PlanTradePlanMM Updated 

Condition: SPY at the demand level 271, or SPY the demand level 261, or SPY daily chart is in uptrend. *** If SPY is in downtrend and not at any demand zone, don't long LVS. *** LVS at demand zone, prepare to long when price goes up to 49.10; Stop Buy 49.1, stop 47.3, target1=59, target2=63 Plus: If SPY bounces up from 271. LVS may form double bottom. If a Gap...