20 August 2017
Stock Trading Strategy 15 Aug 2017
Long if all following conditions are met,
Chart pattern is evidently (10% above neckline) broken above its neckline with increasing volumes and
Price retraces back to neckline with declining volumes and
Price retraces back to SMA50 with declining volumes and
RSI 14 <= 30 Buy stop limit if price breaks above previous day high by 1 bid. Stop Loss Level = Chart Pattern Low X 0.97 Short with CFD if all following conditions are met,
Chart pattern is evidently (10% below neckline) broken below its neckline with increasing volumes and
Price retraces back to neckline with declining volumes and
Price retraces back to SMA50 with declining volumes and
RSI 14 >= 70
Sell stop limit if price breaks below previous day low by 1 bid.
Stop Loss Level = Chart Pattern High X 1.03
Chart pattern is evidently (10% above neckline) broken above its neckline with increasing volumes and
Price retraces back to neckline with declining volumes and
Price retraces back to SMA50 with declining volumes and
RSI 14 <= 30 Buy stop limit if price breaks above previous day high by 1 bid. Stop Loss Level = Chart Pattern Low X 0.97 Short with CFD if all following conditions are met,
Chart pattern is evidently (10% below neckline) broken below its neckline with increasing volumes and
Price retraces back to neckline with declining volumes and
Price retraces back to SMA50 with declining volumes and
RSI 14 >= 70
Sell stop limit if price breaks below previous day low by 1 bid.
Stop Loss Level = Chart Pattern High X 1.03
Labels: Stock Trading System
