| A | B |
|---|
| When we're looking at YH, we're looking for | (1) M, specifically |
| When we're looking at YL specifically, we're looking for? | (1) W |
| If it so happened that there was a "W" at YH, can we trade it? | (1) only if it's accompanied by the H20 or the mayo (2) the W has to be trapping and bouncing off the H20 / Mayo |
| If it so happened that there was a "M" at YL, can we trade it? | (1) only if it's accompanied by the H20 or the mayo (2) the M has to be trapping and bouncing off the H20 / Mayo |
| ID50 Rules | Look For (1) anchor (2) 13/50 cross (3) pullback to 50EMA (candlesticks wick the 50; trap or bounce off 50) (4)pullback goes the opposite direction of the trend (5) after the trap/bounce, look for a nameable pattern like an evening star or SRRT (6) wait for all candlesticks to be below the 13 |
| ID50 PullBack | (1) must measure 50 pips (2) the candles must respect the 50 EMA |
| The PullBack Candles | (1) are green if downtrend (2) red if uptrend |
| ID50 Entry | (3) entry is after price gets below the 13 (2) after price separates away from the 13 |
| ID50 | (1) the 50/200X is confluence (2) makes it a stronger trade |
| So if we get a W | (1) the trend direction will be up (long) (2) the PB would be the opposite color (3) after the PB in an uptrend the candlesticks should be atleast 25/50 pips |
| After the PB | (1) you want a nameable pattern i.e SRRT; COW |
| The Anchor is | (1) a multiday M or W to the left of the 13/50X |
| ID50 first rule is | (1) look for the anchor |
| ID50 2nd Rule is | (1) look for the 13/50 cross after the anchor |
| ID50 3rd Rule is | (1) wait for the 25 to 50 pips PB to the H20 |
| ID50 4th Rule is | (1) the the PB must trap/bounce off the 50EMA (BF) |
| ID50 5th Rule is | (1) look for a nameable trade |
| ID50 6th Rule is | (1) wait for the 13 to move away from priceline |
| The PB | (1) is always the opposite color of the trend |
| ID50 | (1) can occur in the Asian Range |
