Ipugaw Explorer

Friday, March 18, 2022

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




No comments:

Post a Comment