BUY CRITERIA
PRIORITY 1 or BUY CRITERIA 1 (BC1):
Break-out Creating All Time High
Resistance Level: 1.618 to 1.272 Fibonacci Level (Target Profit)
Break-out Creating All Time High
Resistance Level: 1.618 to 1.272 Fibonacci Level (Target Profit)
PRIORITY 2 or BUY CRITERIA 2 (BC2):
Break-out with Resistance Level
Target Profit: Reward must be greater than risk, therefore the distance of Resistance from price should be greater than the distance of Support from the price.
Break-out with Resistance Level
Target Profit: Reward must be greater than risk, therefore the distance of Resistance from price should be greater than the distance of Support from the price.
PRIORITY 3 or BUY CRITERIA 3 (BC3):
Pull-back
Consider candle formation.
Check line of pullback from Fibonacci Level.
First resistance level is not the Target Profit.
Target Profit: Reward must be greater than risk, therefore the distance of 2nd Resistance from price should be greater than the distance of 1st Support from the price.
Pull-back
Consider candle formation.
Check line of pullback from Fibonacci Level.
First resistance level is not the Target Profit.
Target Profit: Reward must be greater than risk, therefore the distance of 2nd Resistance from price should be greater than the distance of 1st Support from the price.
PRIORITY 4 or BUY CRITERIA 4 (BC4):
Sleeping Stock
Non-moving horizontal price moving stock
Target Profit: Reward must be greater than risk, therefore the distance of Resistance from price should be greater than the distance of Support from the price.
Sleeping Stock
Non-moving horizontal price moving stock
Target Profit: Reward must be greater than risk, therefore the distance of Resistance from price should be greater than the distance of Support from the price.
Considerations:
1. MA100 Level (aka Zeus Strike)
2. Aligator Level (3 MAs or the Alignment of the Stars)
3. Moving Average Traded Value
4. Volume Spike or recent value greater than the MAV
5. Always Check Pattern Formations
6. Ichimoku Buy and Sell Signal
1. MA100 Level (aka Zeus Strike)
2. Aligator Level (3 MAs or the Alignment of the Stars)
3. Moving Average Traded Value
4. Volume Spike or recent value greater than the MAV
5. Always Check Pattern Formations
6. Ichimoku Buy and Sell Signal
Holding Period: 10 Days or Reassessment after 10 days
SELL CRITERIA:
*Cut Loss (CL): 4%
*Trailing Stop (TS): 8% form High
*Supply Zone (SZ): Support from previous price pattern, a support zone
*Dynamic Support (DS): Moving Average Support (Patintero)
Sell in tranches if price goes near these levels.
*Cut Loss (CL): 4%
*Trailing Stop (TS): 8% form High
*Supply Zone (SZ): Support from previous price pattern, a support zone
*Dynamic Support (DS): Moving Average Support (Patintero)
Sell in tranches if price goes near these levels.
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