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Tuesday - July 14, 2020 Futures Watch /ES seeing a return to thew Volume POC after a large Rounded Reversal in yesterday's session (Trend Day with Divergences that reverse direction of trend). We're inside the VP Range; however, typical behavior is to test the VP Low around 3080 after a return into the range from the other side (high to low or low to high). 10D 30M Chart /NQ had a very aggressive Rounded Reversal in yesterday's session, as we had multiple Volume Gaps (holes or pockets) that were likely to get filled quickly on any selling activity. Similar to /ES, we're inside the VP Range; however, typical behavior is to test the VP Low around 10360 after a return into the range from the other side (high to low or low to high). 10D 30M Chart /RTY pushed outside the VP Area and re-tested 1450 again (multiple tests in prior sessions) before also having a Rounded Reversal back into the VP Area and coming all the way to test 1400, which is slightly below the VP Low of 1405 this morning. A potential return to Volume POC of 1425 may be likely given the large price movements yesterday before a new directional bias is chosen this week. 10D 30M Chart Premarket Review at 9:00 ET Index ETFs seeing some negative reactions to bank earnings, $SPY and $QQQ losing yesterday lows with QQQ leading the selloff. Interesting Futures: Oil Futures down 2.25%, rejecting the bullish pattern again to break 41. Natural Gas down roughly 1% Silver down 1.5%, but was in a strong uptrend and due for a pullback. Bonds up .5%, which is fairly big in general. Premarket Sectors at 9:15 ET Strong Sectors: Nothing showing yet, relatively strong sectors like Tech and BioTech sold off hardest yesterday. Weak Sectors: Technology starting off down 1% and Financials started strong and completely fell flat on earnings from some banks. Things to Watch: Banks - $WFC, $JPM, and $C. These will decide financial sentiment for today. $DAL - Earnings QQQ/TQQQ for technology trades.

TL;DR: Here are some sheets with concise information about strategies members of BBT use. Shoutout to the mods and contributors for the information for these strategies. After watching Peter's amazing presentation about his 'Mountain Pass' strategy a couple nights ago, I put together an information sheet with the setup details similar to ones I had already created for a few other strategies. After putting together the Mountain Pass sheet, I decided it, among the others could be useful for my fellow BBT community members for any of the following reasons: You could use them for your playbook. If you like the layout, you could use them as a template to make your own information sheets/playbook. They could serve as a tangible, concise, introductory resource for beginner traders, who are new to these strategies. The strategy information has all been taken from the education center, success webinars and Andrew's books. I take no credit for any of the theory behind the strategies or any of the images. All credit goes to Andrew, Carlos, Peter and Hiltzy for laying out the strategies so well. I plan on doing more of these as I expand my playbook to include strategies such as Rising Devil, Fallen Angel, 1-Minute ORB, etc. So I will share those in this thread as they are made. If you have any comments, criticisms, or if I have information wrong about any of the strategies, let me know and I can make some adjustments to the sheets. Also, if you have your own playbooks / strategy resources you'd like to share, you can do so in this thread, I'd love to see what you've done. Note: Some of the information, particularly the rules such as "Place stop losses at technical levels." are notes I've made to myself based on results I have found. Some of these may not apply to you individually. Here is what they look like: The files for each strategy will be posted below.

Saludos a toda la comunidad de BBT. Soy un Venezolano que hace trade desde Australia! llevo casi un año haciendo trade con altos y bajos como todos pero siempre dispuesto a colaborar y aprender a mejorar mi trading. Debo decir que estoy contento con la comunidad porque he aprendido mas de lo que imaginaba. Hay muy buen contenido y buenos moderadores. Saludo y suerte a todos! Cesar

I am getting addicted to this!

Day 125 - Jul 10, 2020 15 Tickets 3 Symbols Green Day Personal: Morning routine completed, well rested and feeling good, ready for the week. Goals for the day: Adjust and focus on new exit strategy, 100% on New Report Card Watch list: Trades WKHS - Short - Descending Triangle (Too wide of a stop) WKHS forming a triangle right at PDH with selling pressure coming in. Only thing I don't like is SPY pushing up and EV sector is strong but took it short as selling escalated. Had the drop, got my planned partial at 1R, then fake breakdown hammer on volume - should have gotten out. Adjusted to stop just above high pivot - as planned-ish (supposed to move to B/E) and ended up getting stopped out,. Good: Volume and major level validation - happy with that. Improvement: Stop too wide - did not follow my rule of 1min Pivot point - would have been a 2.3R ( 2 partials and a W vs being a break even trade) NIO (1) - Long - VWAP Break N Go (Sub: Ascending Triangle) (Lvl 2 - Offers lifted) NIO came up to VWAP and consolidated there for a bit with big offers at 15.95 and 16 - broke through on high volume took it long as the 15.95 offer lifted expecting a pop to HOD for a squeeze as it has a decent short float and has been running lately. TSLA and EV's are hot and breaking out but SPY is a little weak. NIO (2) - Short - Descending Triangle (Lvl 2: Huge Bid Dropping) Missed the 15.72 breakdown at PDH, but looking weak, took it as it broke down through triangle and was trying to break through HUG BID at 15.5 (Premature entry in anticipation) Stop was too wide. Went in my favor but only got 1R partial due to wide stop and then stopped out on the rest. Good: A little late on the entry, but took a trade that has shown to be highly profitable. Improvement: Engulfing on above average volume could be sign to exit and re-asses. NETE - Short - Descending Triangle (-1 Poor Trade Management - panic profits) Selling off hard, forming a few bases for base of the triangle. Broke through LOD but stop was too wide, waited and took it on the second break allowing for much tighter stop. Was extended to downside, but Idea was for it to close the gap. Action was a little slow, but worked out perfectly - only mishap was my poor trade management. Good: Good patience on waiting for a retest / better entry. Improvement: Poor trade management - felt really choppy and indecisive. Looking back at int now was very clean downward trend. Trade Ideas 9:40 - BNTX Shorty Minor Descending Triangle - wasn’t clean but it was right at PML level. Look for potential ABCD is this drops hard (Loser) 10:11 - WKHS short rejection off breakdown level that level, don’t like it but stats show I should be getting in here. (Loser) 10:14 - BNTX setting up for asymmetrical triangle (Winner ~7.5R) 10:21 - NIO descending triangle, but held the big bids at 15.55 and 15.5 - if it drops then go in (No Entry) 10:30 - BNTX ascending triangle, fake breakdown, break of 80…huge rip instantly - right idea, no conviction (Hindsight - this is a perfect fake breakdown and then retest) (Winner ~5R) 10:35 - NETE descending triangle. (1.09R = Breakeven) 11:32 - NIO VWAP Break n Go out of asymmetrical triangle, 15.8 drop entry with 15.95 stop (Right Idea, but Loser) 11:55 - VXRT asymmetrical triangle (Brenden called it out in chatroom) liked the setup, but R/R didn’t seem great 1R to HOD. 10.25ish entry 9.98 stop? (Winner ~12R) 12:24 - NETE starting to breakout - not sure the play here (No Entry) 12:33 - NIO minor descending at 15.72, just missed the entry, will take it once it comes back up and retests. (Winner ~11.4R) 13:57 - NIO descending triangle breaking down LOD, way too much support the downside. Didn’t take it. (Winner ~5.4R) 14:02 - BNTX is looking like ascending but would like to see closer to the APEX consolidation for a 82 breakout (Loser) Trade Review Goal 1: Hotkey Limit Orders (Entry, Profit, Stop): FAIL Made a few changes over the weekend. Back tested a few exit strategies and stats are mind blowing. Almost ANY consistent trade management system would have out performed my current one as I was panic partialing all over the place. So implementing a 1/2/3R (not the best I know, but this will let me build up more stats and re-asses at a later date). Idea here a lot of my trades are hitting 1-1 and then stopping me out, so this will at least allow me to break even / cover costs while I master my entries and free roll adds. With this - I am implementing a New Daily Report Card - Hotkey Auto Calc for all my executions (Entry, Stop loss, Profits). Today 3/4 stocks hit 1R and then stopped me out, the last one went 2R and figures that’s the one I ended up adjusting on…Failed for that. Overall was a good trading day, just didn’t have the greatest follow through, plus took a little bit too much of a wide stop which could have allowed me to Things I did well: Followed game plan, playing major levels Things I did poorly: Trade Management on NETE, stops were too wide (WKHS) Daily Report Card 1. Hotkey Limit Orders (Auto Calc Entry, Profit, Stop and Adjust only in front of Major Level, and on Major Reversal Candle) = 3/4 = 75%

Monday LIVE +1.0 R 2/2 How Many Trades Made 2:1? 2/2 MU 1MinOrbUp +0.14 R Would Have Hit 2:1? YES Partialed too soon, the SPY started to drop quickly, so I wanted to get out of this trade with a small profit. I am going to start tracking if my trades would have hit 2:1, that is what the pic with purple dash lines is. WYNN 5MinOrbDown +0.9R Would Have Hit 2:1? Yes First partial too soon on this one as well. This pic of AMD is a trade I called in chat but did not take, like I have talked about in prior posts, my self awareness is really improving. even though this looked like a great pullback to VWAP, with good R:R, I passed on this trade because it's not one of my current setups I am taking right now. I have committed to taking 3 setups, I am excited that I am able to stick to this plan. I am actually only trading one of the three right now, ORBs, I haven't really traded any lightning bolts or Doubletop/bottoms because I am only trading the first 30 minutes. Hopefully DaS doesn't have data issues like this morning, that kind of threw my watchlist build out the window. Earnings season is also here, with a few banks that I trade reporting. Should be exciting.

Hey man, that would be awesome I would love to see what you have and would be more than happy to share mine as well....although my stuff is ALL over the place haha.... (email: [email protected]). I have ran my own backtest based on my past 2.5 months and have played around with different exit strategies. Turns out almost ANY Consistent strategy would have done better than my real results so defintley shaking some things up on my Trade Management side. I like the idea of consistency on smaller targets, and although not a very sexy R/R plan - my stats show with my historic trades a 1/2/3R partial system would have done quite well. Not the best, but will definitley be a big boost. Idea here is similar to yours, will be looking for more consistency and leaving a 10/20% on until an exit signal such as major topping / bottoming vol or major daily level and so on......from there probably re-visit once I am a little more experienced and my Win/Rate or (Potential) R/R increases. Hey Ken - I usually just browse through a few headlines to see if there is any MAJOR news to see whats "In Play". I like CNBC because it has a pretty concise outline every morning which ends up being a 5min read (Google: "CNBC stocks making the biggest moves premarket") although marketwatch, seeking alpha, bloomberg could work as well. From there I go to FINVIZ (highly recommend it) which is great for additional news, scans, charts and has all the stats I look at in order to get an idea of the stock in play.

Hola Abiel y amigos de la Comunidad de BBT, Soy Pepo , José Calderón Casanova , JOSECALCAS. Vivo en Trujillo ciudad del Norte del Perú. Tengo este Julio un año en la comunidad y haciendo trading con dedicación a tiempo completo un año , antes algunos intentos sin preparación apropiada y dedicación requerida. El Libro de Andrew y esta comunidad me rescataron de ser un desertor del trading y estoy muy contento de serguir en la búsqueda de hacer del trading un estilo de vida y dedicación de algo que es apasionante, que apesar de ser un trabajo de solista cuando estas en una comunidad compartes y aprendes mas que en un trabajo normal y también socializas. Estoy muy Agradecido de la comunidad por su acogida inicial y enseñanzas permanentes. Me encanta que se enseñe con el ejemplo en los buenos y malos trades. Ahora que se facilita un canal hispano será para mi un gusto poder compartir a los nuevos integrantes y antiguos las experiencias y conocimientos que uno va obteniendo. Excelente iniciativa Abiel !!!

Matthew, How generous of you to take the time to put this together! Thank you!

Thanks very much for putting this together. Very helpful!

Welcome Scott, Thank you for your service. Great plan spending the last few years prepping for your transition. Take a look at the Trading business plan webinar and it should help you set up a transition plan from now till your retirement date. Cheers

5-Minute Opening Range Breakout (ORB) 5_MIN_ORB.pdf High of Day Break / Low of Day Break HOD_LOD_Breaks.pdf VWAP Reversal VWAP_Reversal.pdf Mountain Pass Mountain_Pass.pdf 1-Minute Opening Range Breakout (ORB) 1_MIN_ORB.pdf Rising Devil Rising_Devil.pdf Falling Angel Falling_Angel.pdf Parabolic Reversal Parabolic_Reversal.pdf

Just wanted to come back and answer my own question on this, in case someone else needs it in the future. You can place alerts more quickly now by clicking on the chart. Steps: 1) Right click on a chart > Chart Area > Config Area. Check the box in the bottom-right that says "Enable placing alert on chart". 2) Next, you must create a hotkey (Setup > Hot Key > Add New Item). I have simple scripts for when price crosses above or below my alert price. I'll share them: Price crosses ABOVE alert price: AlertName=newalert;AlertType=LastPrice;AlertOperator=>=;AddAlert Price crosses BELOW alert price: AlertName=newalert;AlertType=LastPrice;AlertOperator=<=;AddAlert 3) Open the Alerts window (Tools > Alert & Trigger). This window NEEDS to be open for the hotkeys to work, so I now just have it permanently fixed in my Desktop layout. 4) Now, when you press your hotkey, an arrow with an "A" next to it will show up on the chart, and you simply click the price where you'd like the alert to be placed. (NOTE: The first time you click, you'll get an error message that says "Placing alert failed". Just click again and it will work. This is a bug and I've reported it to DAS already.