Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Rules > Rules > Flashcards

Rules Flashcards

1
Q

No open loop

A

Find the Range

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

1st channel Break

A

Expect a retest of high/low (closing the loop) 2 legs to retest—> 2 try rule

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Always

A

mark mark the range

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

open loop

A

look for 2 try setup—> pattern entry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

sffo

A

strength with follow through with freedom with open loop

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Range or Trend….

A

always in—->

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Range

A

buy the low (bottom) sell the top (high)

expect it to hold until it proves differnt

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Trading ranges act as….

A

magnets

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Open loops are

A

The key!!!

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

trending rules –Bull–1

A

Buyers have control

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

trending rules –Bull–2

A

find your measured moves

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

trending rules –Bull–3

A

Wait for Open loop —(urgency)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

trending rules –Bull–4

A

Hidden channel drawn off the highs (tight*)

**Measured move pullback**

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

trending rules –Bull–5

A

find the 38.2% pull back of the most recent “1,2,3”

mark the 50% line

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

trending rules –Bull–6

A

avoid falling resistance trend line –not in the face, have room to attack it

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

trending rules –Bull–7

A

Wait for the Sellers to try twice —take it below the ma 8 or 20 (Research this)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

trending rules –Bull-8

A

buy below the 50% of high

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

trending rules –Bull–9

A

entry is a strong green candle that closes above the ma —>play the give back

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

trending rules –Bull-10

A

“Limit in” if the signal bar is to large—–>(give back bar)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

trending rules –Sellers–1

A

Sellers have control

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

trending rules –Sellers–2

A

find your measured moves

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

trending rules –Sellers–3

A

Wait for Open loop —(urgency)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

trending rules –Sellers–4

A

Hidden channel drawn off the highs (tight*)

**Measured move pullback**

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

trending rules –Sellers–5

A

find the 38.2% pull back of the most recent “1,2,3”

mark the 50% line

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

trending rules –Sellers–6

A

avoid falling resistance trend line –not in the face, have room to attack it

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

trending rules –Sellers–7

A

Wait for the Sellers to try twice —take it below the ma 8 or 20 (Research this)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

trending rules –Sellers–8

A

buy below the 50% of high

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

trending rules –Sellers–9

A

entry is a strong red candle that closes below the ma —>play the give back

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

trending rules –Sellers–10

A

“Limit in” if the signal bar is to large—–>(give back bar)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

Range bound Entry Rules 1

A

who has control –> buyers or Sellers —> are you at the top or the bottom of the range

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

Range bound Entry Rules 2

A

Beware of rotation from above the range

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

Range bound Entry Rules 3

A

watch for open loop break outs —if break out open loop closes on next bar look for failure (test this)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

Range bound Entry Rules 4

A

Buy at Support below the Range (38.2 and 50%)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

Range bound Entry Rules 5

A

Where are the “edges” below the range?

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
35
Q

Range bound Entry Rules 6

A

Where is the pendulum swing”

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
36
Q

Range bound Entry Rules 7

A

Avoid any channel resistance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
37
Q

Range bound Entry Rules 8

A

2 tries by the other side below/above the range

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
38
Q

Range bound Entry Rules 9

A

Entry must be below the range low or above the range high. (buy the bottom sell the top)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
39
Q

Range bound Entry Rules 10

A

entry is a strong candle closing above the MA

40
Q

5 things on a trend

A
  1. open loop
  2. pull back to the 38.2 or 50% levels
  3. 2 try rule for the setup
  4. momentum signal
  5. target is the closing of the loop
41
Q

5 things on a range

A
  1. add range expansions (based on the width of the range
  2. wait for the breakout attempt into range expansion zone
  3. look for 2 try rule for the setup
  4. momentum signal
  5. Target is back to the opposite side of the range
42
Q

Range day plan -1

A

Define the range

43
Q

Range day plan -2

A

expansions & pendulum

44
Q

Range day plan -3

A

exp. Triangle and rotation on channel lines

45
Q

Range day plan -4

A

focus on the edges

46
Q

Range day plan -5

A

directional bias - micro channels, are you at bottom or the top of the range?

47
Q

Range day plan -6

A

Buy low, sell high, avoid the middle

48
Q

Range day plan -7

A

Watch for break outs

49
Q

Trend day plan -1

A

follow the momentum

50
Q

Trend day plan -2

A

major channel rotation

51
Q

Trend day plan -3

A

reversal lines

52
Q

Trend day plan -4

A

38.2 and 50% pull back levels

53
Q

Trend day plan -5

A

Measured moves

54
Q

Trend day plan -6

A

open loop

55
Q

Trend day plan -7

A

watch for runaway

56
Q

trend into range plan -1

A

Follow the Momentum

57
Q

trend into range plan -2

A

trading range

58
Q

trend into range plan -3

A

expansions and pendulums

59
Q

trend into range plan -4

A

exp. Triangle and rotation

60
Q

trend into range plan -5

A

focus on the edges

61
Q

trend into range plan -6

A

Major Channels

62
Q

trend into range plan -7

A

Reversal Lines

63
Q

trend into range plan -8

A

measured moves

64
Q

trend into range plan -9

A

38.2 and 50% pullback levels

65
Q

trend into range plan -10

A

open loop

66
Q

runaway 1

A

Identify the runaway—no pullbacks to the ma

67
Q

runaway 2

A

Cut position size in half

68
Q

runaway 3

A

widen stop loss

69
Q

runaway 4

A

find narrow channel/wedge

70
Q

runaway 5

A

focus on traps

71
Q

runaway 6

A

don’t expect perfect setups

72
Q

runaway 7

A

limit in entries don’t chase…play give back bars

73
Q

runaway 8

A

take it twice if needed

74
Q

runaway 9

A

leave a runner

75
Q

runaway 10

A

don’t stop trading

76
Q

market objective

A

channel - rotation from high to low and low to high

measured - moves as trend continuations and counter trend corrections

77
Q

major and minor cycles

A

tell you where to look for trades

78
Q

micro cycles

A

tells you when to enter the trade

79
Q

micro channels

A

are for essiential for timing the entry

80
Q

Major measured moves

A

pay close attention so you do not buy or sell in the face of completed measured moves

81
Q

bullish trend

A

tells us to buy the completion of a bear cycle after the bear channel breaks and retest the low

buy the break of a bull micro as it attempts to retest the high

82
Q

bearish trend

A

tells us to sell the break of a bear micro as it attempts to retest the low

tells us to sell the completion of a bull cycle after a bull channel breaks and retest the high

83
Q

trading ranges

A

look for a break out and continue in the direction of the trend. look for counter trend traps around the highs and lows of the short term ranges always trading in the direction of the trend…..(the way it entered the range)

84
Q

trend day set ups

A 
2nd Try
2nd Try Failure
Wave Set-up 
Strength
Trap
Triangles
85
Q

trade management

A

use channel rotation and major measured moves for targets\

86
Q

range expansion

A

and % expansions above and below…. double up triple up..

87
Q

rotation

A

2 try rule iinto expansion ranges, pendulum swings when they fail to complete the rotation

88
Q

2 try rule for range

A

the market ewill try twice to complete rotation 2nd try must be greater than the 1st try

89
Q

best way to trade the range

A

wait for price to leave the original trading range, try twice to test the first range expansion then use a 2nd entry failure to trade back to the original trading range

90
Q

after 2 trys in a range rotation

A

after 2 attempts if the market is unsuccessful in its attempt to rotate from high to low it will react aggressively in the opposite direction(pendelum swing) our objectie is to sell the highs using buyer failure and buy the lows using seller failure as price rotates back and forth inside the trading range

91
Q

range rotation

A

after the lows are tested we will see price try twice to move back to the highs
after the highs are tested we will see price try twice to move back to the lows.

92
Q

range bull micro channels

A

sell the highs of the range with the completion of a bull micro break and retest of the high
buy the lows of the range with the break of a bull micro before it retests the high

93
Q

range bear micro channel

A

sell the highs of the range with the break of a bear micro before it retests the low
buy the lows of the range with the completion of a bear micro break and retest of the low

94
Q

range day set ups

A 
2nd Try (during range-rotation)
2nd Try Failure (buying the lows and selling the highs of the range)
Expanding Triangles (combined with 2nd try failure set-up)
95
Q

rotational day

A

Session begins with a spike in one direction which fails and goes in the opposite direction with strength . the day will continue to trade in the same direction relentlessly until the end of the session
the market will make small/ shallow counter trend corrections as traders take prfit but most traders will hold

96
Q

rotational day failure

A

rotational days fail and become trend days if / when the counter trend traders can hold price on the opposite side of the 20 ma on the pullback

97
Q

rotational day trade management

A

use channel rotation and major measured moves for targets.

Rules (3 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions