Piranha Profits Quick Refrence Strategy Level 2


Download 126.09 Kb.
Pdf ko'rish
bet2/4
Sana02.05.2023
Hajmi126.09 Kb.
#1421280
1   2   3   4
Bog'liq
Quick Refrence Strategy Level 2

Portfolio Management
• Avoid taking more than 2 trades a day 
• Risk no more than 10% of your portfolio
Exit Rules
• Take Profit 2.5R above Entry 
• Stop Loss 1R below Entry 
• Shift SL to Entry once price moves 1R in your 
favour 
• Exit before earnings announcement 
• Alternative Exit based on price action 
• Shift stop loss to below bearish candles 
• shift stop loss to below candles that hit major 
resistance
Position Sizing
Maintain a consistent risk per trade of 1%-3%
• Check that company is not announcing earnings 
over the next 7 days
Entry and Exit for Piranha Long
Entry and Exit for Piranha Short
6ema
18ema
6ema
18ema
Entry:
Buy stop limit 3-5 cents above last 
valid pullback or inside bar 
Stop loss:
Sell stop 3-5 cents below pullback/IB
Entry:
Sell stop limit 3-5 cents below last 
valid pullback or inside bar 
Stop loss:
Buy stop 3-5 cents above pullback/IB


Bollinger Mean Reversion and Capitulation Strategy
Market Bullish or Bearish?
S&P 500 > 20EMA: Screen for Long trades
S&P 500 < 20EMA: Screen for Short Trades
Copyright © 2017 Adam Khoo 
Learning technologies Group Pte Ltd
Screen for BMR and Capitulation
Long BMR Entry

S&P must be > 20EMA

Bullish pin outside or cutting lower BB

Pin bar at lowest 6 month low

At least 1 bullish divergence reversal

At least 1R away from 20EMA, 2R from 50MA

Volume > 150,000
Long Capitulation Entry

S&P must be > 20EMA

One White Soldier Pattern

Williams%R10 and 260 < -80

Swing low at lowest 6 month low

At least 1R away from 20EMA, 2R from 50MA

Volume > 150,000
Short BMR Entry

S&P must be < 20EMA 

Bullish pin outside or cutting upper BB

Pin bar at highest 6 month high

At least 1 bearish divergence reversal

At least 1R away from 20EMA, 2R from 50MA

Volume > 150,000, Price > $10, Market Cap > $1b
• Check that company is not announcing earnings over the 
next 7 days

Download 126.09 Kb.

Do'stlaringiz bilan baham:
1   2   3   4




Ma'lumotlar bazasi mualliflik huquqi bilan himoyalangan ©fayllar.org 2024
ma'muriyatiga murojaat qiling