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Friday - July 17, 2020 Futures Watch /ES remaining above VA High 3188 and building value, looking for a pullback to V POC 3160 given extended move above range and not having tested value area. Alternative Thesis would lead to a strong breakout above the recent highs and exploring prices above 3230. 10D 30M Chart /NQ completed a full cycle above VA High 10750 and a major selloff to the VA Low 10500. Recent sessions have been range bound between the two areas with yesterday selling off right into VA Low again. May continue to be bound, but any catalyst along Tech Earnings may break things apart. 10D 30M Chart /RTY moved above the range is prior two sessions and remains above while building value. Although we often look for a return to the VA High 1450 or V POC 1415, the Alternate Thesis remains for a continual move higher and a potential for a Trend higher if we remain well above the range. 10D 30M Chart Premarket Review at 9:00 ET Interesting Futures: Volatility Futures down 2.5%, lows from past week being broken, I'm noting this as important given the alternate thesis ideas on the major indexes. Bond Futures aren't up much, but $TLT remains elevated after the breakout last week. Somewhat conflicting areas of interest with the market being 'on the edge' in a lot of areas. Oddly, the futures are inverted from the Index ETFs, with /NQ strongest. Not sure the reason. Premarket Sectors at 9:15 ET Strong Sectors: Technology slightly higher and above yesterday's trading range, so expecting some strength into next Volume Area around 107.5. Home Builders and Materials have some potential to break out given daily chart. Semis are also primed for a breakout. Weak Sectors: Real Estate lower than yesterday's range. Things to Watch: $NFLX - Earnings, watch 480 multiple confirmations of level and 490 TFL.

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.

Due to last updates in the chatroom, the dark conpact theme with icon tabs that I designed stop working .... obviously, no ones fault hehehe I did manage to fix most of the work ... watch pictures attached and download the new CSS style file ... go to the top of the thread in this page to watch how to install this chatroom feature Enjoy ! any updates and fixed will be posted in the thread in the future. @Andrew Aziz @Thor @Justin @Alastair protradingroom v2.txt

Thank you! Very nicely put together. Printed them out & will use them daily!

Muy buena idea no voy a poder participar en los posible para la proxima que no sea viernes! Gracias!!

confirmed

Gracias Abiel, me uniré. Saludos.

Nice description on what everyone is trying to figure out how Aiman hits those Parabolic Reversals so easily.

Here is a sheet for the 'Parabolic Reversal'. All the information is from Aiman's most recent success webinar, which was awesome! The photos in this one are pretty small but they work for me. If you would like the word documents just send me a message with your email and I can send them your way. I've never taken a parabolic reversal but I look forward to watching for these as another trade option! Parabolic_Reversal.pdf

Thursday LIVE +2.0R 6/8 How many trades Made 2:1? 6/8 NCLH Rising Devil -0.41R Would Have Made 2:1? Yes Rising Devil isn't really one of my setups, but it is similar to a 1MinOrbDown. NCLH.2 1MinOrbDown +0.35R Would Have Made 2:1? Yes NCLH.3 5MinOrbDown +0.45R Would Have Made 2:1? NO TWTR 5MinOrbUp +0.02R Would Have Made 2:1? YES I didn't like the way it failed to get back to previous high, so I exited. JNJ 5MinOrbDown +1.4R Would Have Made 2:1? YES Good 5MinOrb DELL 5MinOrbUp -0.01R Would Have Made 2:1? YES Didn't feel good about the stock moving sideways, exited near BE. ROKU 5MinOrbUp +0.05R Would Have Made 2:1? NO Bad psychology again, exited early. MSFT BO Down at a Level +0.19R Would Have Made 2:1? YES Very unsure of myself today, probably because I had two max loss days in a row. If tomorrow continues to show me that my trades make 2:1 on a regular basis, I am going to change my partialing plan for next week.

DAY – 3 (7.15.2020) Trades: 8 Symbols: 6 (SPCE, VXRT, BA, BYND, NCLH, PLAY) Psychology: Slept very well, confident, currently do not have any emotional imbalances – I feel balanced internally and with my externalities. Not trading with fear or greed since I turned off P/L – GAME CHANGER. Goal for the day: Swing Trades – manage partials as market is quite bullish (IWM swing broke out waited patiently for ~1 month while in negative unrealized position). Day Trades – Look for continuation on VXRT, find 1 or 2 catalysts stocks in pre-market to trade. Work on trading without ‘thinking’ of P/L, do not trade the opening 5-mins (exception 2-min ORB – working on small position entry and partialing strategy). Market: Earnings season kicked of yesterday, all sectors green with Industrials making the biggest move, Financials also made a strong positive move on bank earnings reports (Q2). WL: TRADES: SPCE Overall grade = B, loser, stopped out (.3C), Potential: swing: 4.4R and DT: 1.7R. Catalyst: Ticker has been very strong, trending up after selling off past days. SPACs in general got good news as hot 2020 plays. Strategy: Swing Continuation, Bottom Reversal. Long bias, opened weak, averaged down at 200 SMA on 5-min chart – too early, poor decision as the exhaustive volume (yellow box) happened one candle before my entry (think oil tanker turning, not speed boat). Decided to set SL at 18.09 (daily support level) and left trade station for another commitment, in hindsight on the strength of this stock and my analysis to take this as a swing trade I should have set an average down order instead of a SL (I did not because I am trying to liquidate positions in TOS to transition to DAS). Trade Management: Fair recognition of weakness, added (average down) to position too soon, Went against my long-term analysis for swing position on this symbol. NI – Trust your analysis for swing trade, wait for ‘oil tanker turn, not speed boat turn’, in other words better entry after exhaustive volume (entry hammer occurred at my SL). BYND Overall grade = B, winner, 1R Catalyst: Entering Brazil market (3rd largest meat consumer). Strategy: Bull Pennant Breakout Benzinga call-out, long bias – parabolic move was strong, took small shares at top of vertical move on L2 orders in case it went parabolic again, it PB so took P1 on next pop to average down on consolidation. Added to position (average down) at bottom of pennant, SL = 133.70. P1 at first break of pennant, P2 at VPOC R-lvl, P3 (bail) on hanging man candle (before SL). Trade Management: Good patience on call-out – since late to parabolic move, good recognition of L2 strength as well as potential to PB – took small amount of shares, good recognition of possible pennant or flag form (based on L2 ‘ask’ orders above), Good add at bottom of pennant and important use of tight SL. NI – More patience on partials, wait to take entry on PB to key intraday level (took early on FOMO), trust L2 more. BA Overall grade = C, winner, 1.8R, 1R Catalyst: $916MM contract extension with NASA, was at the bottom of a daily range (consolidating for 5D). Strategy: Break of HOD, Scalp - EMA Test with 100 SMA Entry T1: Long bias, entry on 9 EMA test, P1 at new higher high/higher low, P2 at R-lvl (daily chart), P3 at new HOD. Re-entry on 50 SMA test, failed, stopped out. Noticed L2 and waited for re-entry at 100 SMA test, P1 at 9 EMA, P2 at TFL. Trade Management: Good recognition of 9/20 EMA test on PA strength, poor job of waiting for re-entry. NI – Better entries, still rushing to get in trade (FOMO), Pay more attention to L2 on HOD trades (got negative before turning trade green), consistent pattern of exiting too soon on PB when the L2 orders are there, wait for 100 SMA test (5-min) for add-ons or re-entries – back test shows high success rate in this market. VXRT Overall grade = A, winner, 1R, 4R. Catalyst: Continuation, $90MM funding to advance COVID19 vaccine. Strategy: 2-min ORB, Bottom Reversal, EMA Test (Short) T1: Short bias, ORB short during initial morning sell-off (I had been trading this symbol multiple days in a row and was comfortable with early action. Entry on L2 volume and big bid, target $14.30. P1 at PHOD (I had $14.32 as a PHOD). Re-entry for (reversal, long) on VWAP test – low volume test candle, failed stopped out. T2: Long bias, entry PHOD hold, P1 at VWAP, P2 at 9 EMA - was holding for PDC/100SMA on 5-min chart - did not have strength so exited early. T3: Entry at 9 EMA, P1 at TFL, P2 at loss of PHOD ($14.32), stopped out at BE. NOTICE: level PHOD $14.32 was used a lot by MMs in the first 15-mins of trading – spark confusion in direction? Trade Management: Felt confident about my levels because I had been trading this symbol a lot the last few days, good job of recognizing key levels and reversing my position off of that PHOD ($14.32), NI – ORB, I feel like I am seeing the earlier entry but don’t take it – this is good because I have more losers than winners in the opening 15-mins, Don’t make it a habit of trading the open, yet. PLAY Overall grade = D, loser, 2.8R Catalyst: Gappers list, premarket show. Strategy: Break of HOD T1: Long bias, late entry, FOMO on call-out, was at daily level. Failed to break HOD, stopped out. Tight SL Trade Management: good job on the tight SL, recognizing low probability since symbol has already made a$1.00 move. NI – Stop rushing to take trades on call-outs, FOMO - I keep saying this, but I keep doing it (reason for grade = D). NCLH Overall grade = D, winner, 2.5R Catalyst: Share offering, diluting value. Strategy: ORB Reversal (S/R Rejection) T1: I asked chatroom for a trade, trading buddy obliged, entry on R-lvl rejection, P1 at 9 EMA, P2 at 20 EMA (intention was VWAP but had to leave for appointment so took P2 early). Trade Management: Good job of recognizing weakness and R-lvl rejection. NI – Stop rushing to take trades on call-outs, FOMO. I keep saying this, but I keep doing it (reason for D grade). This was a winner, LUCK? – probably; need to back test. Final Review: Goal for Day: OVERALL GRADE - FAIL 1) Do not trade the open – FAIL. 2) Partial on swing positions (according to pre-plan) – PASS. 3) Work on better entries, no FOMO – FAIL. 4) Only trade the symbols on your WL – FAIL. 5) If you are green on a symbol and take another trade that is red, stop trading that symbol for the day (this is a discipline rule, accomplish this for 1 week at 100% and reassess) - FAIL. 6) 3SYO for 30 mins - FAIL. Things I did well: Commit to SL, recognize trend changes (such as hanging man) and exit position. Things I did poorly: FOLLOW MY OWN RULES, Bad entries - chasing FOMO, trading without assessing PA on all-time frames first. Trading symbols not on my WL, call-outs – haven’t back tested success/failure here but willing to bet I have more losers than winners. Still forcing trades which ultimately reduces green position but more importantly goes against the ability to be disciplined to take less trades. Things I did well: I was patient and wait for strategy I was in to develop. Take small positions, wait for confirmation, allow PB and then take larger position for move I was waiting for.

Thank You Matthew! Awesome!

Thursday - July 16, 2020 Futures Watch /ES 10D 30M Chart /NQ 10D 30M Chart /RTY 10D 30M Chart Premarket Review at 9:00 ET Interesting Futures: Elevated /VX and slightly higher suggests caution Natural Gas and Oil down over 1% Premarket Sectors at 9:15 ET Strong Sectors: Weak Sectors: Things to Watch: $JNJ - Channel breakout past few days, may pull back and continue higher above 150. $TWTR - Issues with Security. $IWM - Futures show possible breakout of return to VA High.

Welcome GURU! From Toronto here as well, would be nice to form a support group with others from the area.

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