Bullish Break Out

Stock Date

Key Criteria
The larger trend is up or a bullish situation
higher swing highs / higher swing lows on the larger trend
The price has a bullish continuation pattern
high base, cup & handle, ascending triangle, etc...
The price is trading near resistance
The price has room to run
Make sure that no historical support/resistance zones will interfere
Volume is normally light during the sideways action
Decreasing or below average volume indicates that participants are
waiting

Starting Chart & Observations

Chart image:

Notes:

News

Notes:

Price Levels
Level Reason
Entry Above resistance + ATR%:
a recent swing high
Exit Below a recent low - ATR%: today - yesterday -
previous - support - ATR%
Target 1 1 - 2 ATR move - prior support/resistance
Target 2 prior support/resistance, whole number - range box -
Fibonacci extension
Target 3 prior support/resistance, whole number - range box -
Fibonacci extension

Chart with Plan & Trade Calculator

Chart image:

Calculator image:

Notes:

Order

Order image:

Home Page 1
Notes:

Management
Chart image:

Notes:

Management
Chart image:

Notes:

Management
Chart image:

Notes:

Management
Chart image:

Notes:

Management
Chart image:

Notes:

Management
Chart image:

Notes:

Management
Chart image:

Notes:

Review
Chart image:

Trade #
Profit / Loss $ (Exit - Entry) * # of Shares
Profit / Loss % (Profit or Loss $ ) / Account Balance (on
open)
R Factor (Profit or Loss $) / Starting Risk

Trade Score Score Reason

Idea • In hindsight how good of a trading
ides was this?
Management • Given what you knew at the time -

Home Page 2
 Management • Given what you knew at the time -
how good of a job did you do
managing the trade?
Average

Mistakes Made? What Happened?

Risk Control • Not controlling risk properly
Trade Idea • Not the correct pattern or correct
trading strategy
Market Conditions • Not a good market environment for
the strategy at time of entry
Planning / Research • Not researched or planed properly
Management • Not doing regular homework
• Not managed according to the
plan
• Management plans were changed
during the trade
Execution • Not checking to see if the order
was entered correctly into the
broker
Total

What can you learn from this trade?

What do you need to do to fix any problems - corrective measures?
Notes:

Home Page 3