fubar's Trading Plan
EZ
Which timeframe do you use most often?
30Min. Charts
30min, 5min and 1min
Which analysis methods or trading systems will you use to determine the direction bias and entry/exit levels?
Support Resistance Chart Patterns
The trend is my friend :)
What is your potential entry setup?
CCI crosses to above -100 for buy.
CCI crosses to below 100 for sell.
Staying with the direction of the short term trend.
Describe how you will determine your stop loss points.
At the nearest high or low
Describe your profit taking strategy.
let my limits make my take profits
What conditions will signal your entry trigger?
See entry setup
What conditions will cause you to exit early (i.e. time stop, surprise news, shifts in sentiment or fundamentals, etc)?
loss of momentum.
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