ABC Confluence: Trade Experiment (Version 2)

TIMEFRAME - 1 MINUTE

LEVERAGE - MAXIMUM (25% / 50%)

TRADE BIAS: BULLISH

Watchlist signals:

    EMA 20 Cross Over EMA 50

    Candlesticks above EMA 200

    MACD Histogram - cross below & not going back above zero / just cross below zero / below zero

Entry (BUY):

    Price near EMA 200

    Breakout (trendline/ box)

Stop Loss:

    Below recent support / 50%

Exit;

     Next resistance level

     EMA 20 cross over EMA 50

Sample:

Currently on-going live trade:

(I practice with real money. Paper trade was not helpful for me.)

ABC Confluence: Bullish Trade Experiment

TIMEFRAME - 5 MINUTES / 15 MINUTES

LEVERAGE - MAXIMUM (50%)

TRADE OPTION 1 - BUY (BULLISH BIAS)

Watchlist signals:

     Pivot Traditional_S1 - holds position

     MACD histogram - not crossing zero / just cross to zero / above zero

     MACD - cross over up

Entry (BUY):

     EMA 20 Close - Breakout above

     Trendline - Breakout above

Stop Loss:

     Below recent support / 50% Loss / 1% down

Target Price / Exit:

Standby;

     MACD Histogram - cross below & not going back zero / just cross to zero / above zero

     MACD - cross over below

Exit;

     EMA 20 Close - Breakout below

     Trendline - Breakout below

Allocation:

     5% of portfolio

TRADE OPTION 2 - BUY (BULLISH BIAS)

Watchlist signals:

     Pivot Traditional_R1 - Initial breakout

     MACD histogram - not crossing zero / just cross to zero / above zero

     MACD - cross over up

Entry (BUY):

     EMA 20 Close - Breakout above

     Trendline - Breakout above

Stop Loss:

     Goes back below MA 20 (entails that trade bias did not materialize)

     50% Loss / 1% down

Target Price / Exit:

Standby;

     MACD Histogram - cross below & not going back zero / just cross to zero / above zero

     MACD - cross over below

Exit;

     EMA 20 Close - Breakout below

     Trendline - Breakout below

Allocation:

     5% of portfolio