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    Trade Planning Process

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    Ark
    The document outlines a trade planning process that involves identifying the trading zone and trend, using a decision matrix to determine what action to take based on the zone, trend and type of area, and placing stop losses slightly beyond the distal line while accounting for daily average true range values to determine an appropriate buffer. Key steps are identifying factors, deciding on an action using the matrix, and mechanically determining stop placement.

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    Trade Planning Process

    Uploaded by

    Ark
    3 views7 pages
    The document outlines a trade planning process that involves identifying the trading zone and trend, using a decision matrix to determine what action to take based on the zone, trend and type of area, and placing stop losses slightly beyond the distal line while accounting for daily average true range values to determine an appropriate buffer. Key steps are identifying factors, deciding on an action using the matrix, and mechanically determining stop placement.

    Original Description:

    Trade planning process of ftf stock market

    Original Title

    3d508cfb-a592-4dc5-9ee7-7883af86b23d

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    The document outlines a trade planning process that involves identifying the trading zone and trend, using a decision matrix to determine what action to take based on the zone, trend and type of area, and placing stop losses slightly beyond the distal line while accounting for daily average true range values to determine an appropriate buffer. Key steps are identifying factors, deciding on an action using the matrix, and mechanically determining stop placement.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    3 views7 pages

    Trade Planning Process

    Uploaded by

    Ark
    The document outlines a trade planning process that involves identifying the trading zone and trend, using a decision matrix to determine what action to take based on the zone, trend and type of area, and placing stop losses slightly beyond the distal line while accounting for daily average true range values to determine an appropriate buffer. Key steps are identifying factors, deciding on an action using the matrix, and mechanically determining stop placement.

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    © All Rights Reserved
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    of 7

    Trade Planning Process

    Identify Trading
    Identify Retail Identify the
    Zone (ITF) &
    & Wholesale
    Check Zone Trend
    Areas
    Location

    Arriving at
    Probability
    Stop, Entry,
    Enhancers Decision Matrix
    Target &
    Scoring
    Position Size

    Place The
    Order
    Decision Matrix
    We combine the location, Zone & Trend to
    Decide what action to take & when to take it
    SZ SZ SZ DZ DZ DZ
    (LTF) (LTF) (LTF) (LTF) (LTF) (LTF)
    DOWNTREND SIDEWAYS UPTREND DOWNTREND SIDEWAYS UPTREND
    (ITF) (ITF) (ITF) (ITF) (ITF) (ITF)
    Retail Area EXPERIENCED EXPERIENCED
    SHORT SHORT NO ACTION NO ACTION
    (HTF) TRADER TRADER
    Fair Price
    Area SHORT NO ACTION NO ACTION NO ACTION NO ACTION LONG
    (HTF)
    Wholesale
    EXPERIENCED EXPERIENCED
    Area NO ACTION NO ACTION LONG LONG
    TRADER TRADER
    (HTF)
    Probability Enhancers
    We Place the Stop Loss slightly beyond the Distal Line

    ● Mechanical way to decide about how far beyond we


    need to go :
     Locaľe ľhe DailyAľR value foí ľhe sľock.
    Iííespecľive of ľhe ľime Fíame ľíaded, we need ľo use only Daily
    AľR Value.
     Add ľhe Following Sľop Buffeí (Minimum Recommended)
     MI ľ : 15% of Daily AľR (Round up)
     WIľ : 10% of DailyAľR (Round up)
     DI ľ : 5% of Daily AľR (Round up)
     HIľ : 2% of Daily AľR (Round up)

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