Gap Up News Scalp (GUNS) Strategy
Copyright © 2017
Adam Khoo
Learning
technologies Group Pte Ltd
Trade Management
• Avoid stocks with minimum 0.05 tick
• Avoid stocks with wide spreads (above 0.10)
• Shift Stop loss
to entry once price moves
minimum SL distance above
entry
Position Sizing
Maintain a consistent risk per trade of 1%-3%
Setup 4: 930-1000am
Enter on the First Bull Flag Pattern (M1, M2 or M5 Candles)
• Ideal Bull Flag
• Strong bullish impulse
•Inside bar or pullback candles
•Pullback to 9ema -20ema support
•Entry point is when new high is made after pullback candles
• Buy limit order
•Limit 3-5 cents above entry point
• Sell stop 1 cent below pullback candle OR at minimum SL distance
•
Target Price 2.5R above stop entry
Minimum SL Distance
Less than $20: 10
cents
$20-$30: 15 cents
$30-$50: 20 cents
$50-$100: 30 cents
