Trading Check List

A) Buy Conditions 
  • 1) Index (must comply all conditions
    • Trend = UP   & 
    • Index Above EMA 9, MA 12 = Yes    & 
    • Price Rejection = No    & 
    • PV Divergence = No    & 
  • 2) Stock (must comply all conditions) 
    1. Trend = UP or Price > MA 200    & 
    2. Price Pattern / Structure = Broken Upward    & 
    3. Resistance = Far away    & 
    4. SL : TP = More than 1 : 2    & 
    5. Price Rejection = No    & 
    6. PV Divergence = No    & 
    7. Event = No   & 
    8. RSI swing failure = No 

B) SL TP Conditions 
  • 1) Index (if any one condition found true) 
    • Price Rejection = Yes      or 
    • Index crossed EMA 9, MA 12 Downward = Yes      or 
  • 2) Stock (if any one condition found true) 
    • Trend = Exhausted        or 
    • Price = Back to Pattern / Structure       or 
    • Resistance = Facing       or 
    • SL : TP = Hit       or 
    • Price Rejection = Yes        or 
    • Divergence = Yes        or 
    • Event = Yes       or 
    • Profit % = 7%+ on maturity       or 
    • Candle # = 3+  on maturity       or 
    • RSI swing failure = Yes