LOW RISK TRIGGER Flashcards

1
Q

List of Studies

A
  1. Trend Change
  2. First Contraction after Trend Change
  3. Momentum during the first Contraction
  4. Spot the second contraction
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2
Q

Stock Trading= battle between buyers and sellers

A
  1. The results are random
  2. We don’t know who will will or lose.
  3. But we can identify who has won/lost
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3
Q

Randomness & Range

A
  1. Outcome is random
  2. 80% of market is in range
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4
Q

How to overcome the randomness of the stock market?

A

LRT

  1. Structure
  2. Specificity
  3. Play my own game. No Hunting but fishing. Waiting for the setup to happen.
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5
Q

What are 4 components of the Low Risk Trigger?

A
  1. Contraction
  2. Levels
  3. Extreme Support
  4. Break of Pattern Resistance
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6
Q

Why do you need the contraction with the pattern?

A
  1. 태엽감기 원리와 비슷하다. 투수가 와인드업을 하는것 같은 원리다.
  2. Contraction is natural head-fake. Trapping order flow on the wrong side.
  3. Extreme Support + Contraction =Fire and Oil
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7
Q

Types of Contraction

A
  1. Structural Contraction (Same Color but lower price)
  2. PA Contraction - Color Change
  3. MACD Contraction
  4. 3-EMA Contraction
  5. 9-EMA Contraction
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8
Q

Name all the levels

A
  1. WBO Level
  2. X-Level (Pattern Breakout Level)
  3. Reversal Level
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9
Q

What are extreme supports?

A
  1. Weekly Level
  2. Trendline 1-2-3
  3. EMA Surfing (Trendline 1-2-3 Surrogate)
  4. 18-50-100-200 EMA
  5. Positive Price Divergence (3-EMA) during contraction
  6. Pivot level
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10
Q

3-EMA Divergence during the impulse.
vs 3-EMA Divergence during the contraction

A

During the impulse - Sign of Contraction and continuation pattern may not happen.

During the contraction – The gap is very likely to be filled and it will give an LRT.

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11
Q

What is the first sign of trend change?

A

Lower high in weekly chart.

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12
Q

Trading the 2nd wave

A

Top 과 Bottom을 예측하기란 거의 불가능하다. Top Rejection Price Point에서 가격이 내려가면 그때서야. Continuation을 찾아낼수 있다.

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13
Q

Additional LRT.

A
  1. Double Contraction
  2. Pivot Level
  3. S-Flow
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14
Q

Long Wick?

A

Long Wicks = price rejection.

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15
Q

Continuation 실패 요소

A
  1. 3-EMA Divergence in the impulse
  2. No momentum 12-26
  3. Not Eliminating the Pattern Resistance
  4. Not clearing the Levels
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16
Q

Continuation 성공요소

A
  1. Extreme Support
  2. Break of Pattern Resistance
  3. Clearing all levels
  4. Momentum in 12-26
17
Q

EMA Surfing

A
  1. This is a sign of extreme support.
  2. Surrogate for trendline
18
Q

Untested Breakout

A

It will randomly retest the level

19
Q

N PATTERN

A

CONTINUATION

20
Q

턱걸이 SET UP

A
  1. BO가 된다음에. LONG TERM EMA에 턱걸이 하는것이다.
21
Q

GREEN RED / RED GREEN REVERSAL

A

Reversal at the support and resistance

22
Q

Scan 할때 보는것들

A
  1. Contraction
  2. Price Level Whole Dollar
  3. Early cycle
  4. Long Term EMA Test
  5. Momentum
  6. 3-EMA divergence
23
Q

Continuation vs Reversal

A
  1. Continuation 은 위헤서 Trade를 잡는것이고.
  2. Reversal 은 Extreme Support 밑에서 잡는것이다.