IsItCoffeeYet

IsItCoffeeYet

Ryanair (RYAAY) is showing a descending triangle with declining volume and volatility suggesting decreasing trader interest. We anticipate a descending triangle to break explosively to the downside. Trade Plan: Sell a daily close below 61.82 if the volume equals or exceeds the volume average. Use 1/2 size to reduce risk if the volume is at least 75% of the...

IsItCoffeeYet

Entry Rules: Buy Ripple on a daily close above 0.47744 or Sell on a daily close below 0.28440 Volume on the breakout candle must be at least average volume to trade full size If it doesn't reach the average volume, but reaches 75% of the average, use 1/2 size position. If the volume doesn't reach 75% of the average, stand aside. Stop loss is 1.5 x ATR...

IsItCoffeeYet

Entry Rules: Buy URBN on a daily close above 24.25 or Sell on a daily close below 22.25 Volume on the breakout candle must be at least average volume to trade full size If it doesn't reach the average volume, but reaches 75% of the average, use 1/2 size position. If the volume doesn't reach 75% of the average, stand aside. Stop loss is 1.5 x ATR on the...

IsItCoffeeYet

Sell on a daily close below the triangle. When the target of 1 ATR is hit, take 1/2 off and set the stop on the remainder to breakeven. Follow stops until the market takes you out. Initial Stop Loss is 1.5ATR. If a daily candle closes back in the triangle after you enter, close for a loss without waiting for it to hit the SL.

IsItCoffeeYet

Buy a daily close above or sell a daily close below the triangle. Stop loss is 1.5 X ATR. First target 1.0 x ATR. At first target, close 1/2 and follow stops.

IsItCoffeeYet

Buying Nissan Motor Co. on the open. SL=766.20 TP1=805.20 (assuming entry is near 789,.60.) Nice ascending triangle with increasing trader disinterest. Close 1/2 position at TP1 and move stop on the remainder to break even. Follow stops on remainder until the trend ends.