My Notes

This is a set of rules/notes I keep on my computer:


                                           Futures
Rule #1:  Charts and Market Signals dictate direction.
Rule #2: TRADE PATTERNS BASED ON HIGHER TIMEFRAME SUP/RES. AREAS
Rule #3: Take a break middle of day
Rule #4: Wait for it.
Rule #5: FOCUS ON STRENGTH, GO WITH FLOW.
Rule $6:   morning   10:30  and 3:15 key times
Rule #7:  Only focus on 1 market:  /tf 

BEAR MARKET:  shorting tops -- always higher probability. Market
oversold:  enter on double/triple top bounces - at major support only.

RANGEBOUND: set limits to catch tails at 3 touch horizontal support lines

OVERSOLD: Wait for  HIGH VOL. PUKE CANDLE.  watch for breakout of channel for major rip...   <-- entry long.

OVERBOUGHT: need to see BLOWOFF CANDLE and TL down before entry.  TRIPLE TOPS

BULLTARD  WEDGE B/O: Only in direction of market. Tight stop entry.

Patterns:
1: triple tops bottom at clear  sup/res: Check Higher Timeframe for double confirmation.  PLUS: must see divergent signals

2. Sharp Trend leading to break and small double bottom - enter b/o

3. Enter breakouts in wedges on Trend Days

Finally:  I don't discuss exits much... but using 5-minute candles or even higher helps finds larger trendlines which  often act as support / resistance.  Whenever it's unclear, keep looking at a higher timeframe.  Sometimes the market will just chop around because a clear support or resistance area hasn't been established.  Once it is, you can use that area to find an entry.