Professional Documents
Culture Documents
2. Inside Bar :-
After BKO of Prior Swing / TL
3. ii, iii Pattern :-
With Trend Setup after Strong Move
At the End of the 2 / 3 /4 Legs
After Climatic Bar
After Overshoot of the Channel line
At the End of the EMA Pullback
At LL / HH or LH / HL
4. Small Bar :-
At the Large Bar’s Extreme as Trap Bar
At the Top / Bottom of the Range
5. Outside Bar :-
7. Shaved Bar :-
4. Reversal Bar should not Overlap with the Prior Bars , otherwise it
6. After Climatic Move, Bar with Large Revrsal / Rejection Tail can
2 Withtrend Setups.
8. Failed Reversal Trap bars after BKO are Often become Great
Withtrend Setups .
Capitulation).
Countertrend Setup.
17. Strong Trends Often Go Sideways in the Middle of the Day and
Then Resume.
18. An Outside Bar Is a Good With Trend Entry Bar at the End of a
Two-Legged Pullback.
20. When the Market Is Strong, Wait for a Second Entry Before
Fading.
29. The Slope of Final Flag Often Dictates the Slope of the New
Trend.
32. Trend Days Often Have Better Looking (but Less Profitable)
Leg.
38. Double Top and Double Bottom Flags are Great Withtrend
Setups.
39. A Double Bottom Base Can Setups, Failed BKO and Reversal or
40. EMA Gap Bars are Good Setups when EMA is Flatter.
42. 1st BKO of the Trendline or EMA is always a Great With Trend
43. 2 Hours away from EMA from any Time can be Consider as a
2HM Trend. Look for Setups as EMA Pullback or EMA Gap Bar.
Withtrend Traders with Strtong Bars and Runs Late Stops, but
Corrections.
47. M2B and M2S are Great Withtrend Setups on a Strong Trend.
Trend Bars.
51. Two Opposite Trend bars, seperated with a Trend bar can be
53. After Gap Open as a 1st Leg, Usually Market forms 2 Legs,
Resumption.
Legs and can become Great BKO Pullback Setup, Especially If it’s
a Withtrend BKO.
61. Inside Pass Bar or ii,iii Setups after Strong BKO are Great
and 2nd Leg have a Tight Range at HL/ LH, but BKO of the Range
Setup.
63. BKO of the Tight Trading Range / Barbwire often Fails, but
Sometimes this failed BKO also Fail and become BKO Pullback.
65. Barb Wire Entries Are Best in the Direction of the EMA after a
Results in a Reversal.
67. Big Up, Big down Often Means Indecision and Is Often
Breakout Entries.
70. Anticipate a Breakout and Look for a Price Action Entry Before
the Breakout.
75. Sometimes market forms Big Trading Range on Open with Bull
and Bear Swings. Draw Two lines, One at Botom and another at
Measured Move.
between BKO and Pullback. Draw Lines at Bottom and Thin area.
Measured Move.
79. Failed Prior Reversals Are Often Targets after the Reversal
Tested.
Countertrend Legs.
Leads to a Reversal.
Withtrend Setups.
93. Failed with Spike Channel after Spike and BKO of Channel,
Strategy.
Reversal Setup.
Setup.
bears are active. Since If it’s not proven itself yet to be a Bull or
105. 2nd Entry with a another reason to Enter into a Trade is a Good
Setup.
106. Sometimes Higher Low after TL BKO fails and Forms Lower
Low below that Higher Low, but Still a Higher Low from bottom
Setups.
110. Most Head and Shoulder Patterns Fail and Become With Trend
Setups.
Setup.
Reversal Setup.
119. There are only a few situations when you only need one reason
121. The only other time that only one reason is needed to enter a
122. Yesterday’s Strong Bull Leg can be a Bear flag, look for It’s
124. Small BKO of Yday Swing Low and forms Double Top can be a
BKO Pullback Bear trend Setup and Possible Bear trend from the
Open.
with 2 Bear bars seperated with a single Bull Bar is a Great BKO
126. Patterns from the Prior Day Almost Always Influence the First
Hour.
128. Big Gap Up / Down Open days are Usually becomes Strong
129. If there is a Trading Range on the Open, Look for Good Price
Action Setups.
that is the case, the odds are very high that your trade will
132. On a Day That Is Not a Clear Trend Day, Traders Should Look
133. After trade Entry, place a protective stop beyond the signal
bar (you rarely will have to risk more than 1 dollar and usually
under 60 cents) until the entry bar closes, and then move the stop
to just beyond the entry bar. Once the stock moves about 60 to 80
134. Never exit the final portion until your stop is hit or unless a
clear and strong opposite signal develops.
137. Develop the discipline to take only the best trades. Most-
hours at a time.
138. Always look for two legs. Also, when the market tries to do
something twice and fails both times, that is a reliable signal that
habits always erase more than your winnings. You are on the path
140. When you are about to take any trade, always ask yourself if
the setup is one of the best of the day. Is this the one that the
institutions have been waiting for all day? If the answer is “no”
and you are not a consistently profitable trader, then you should