Cheat Sheet

Transcription

Cheat Sheet
7/29/2016
Cheat Sheet | Evil Speculator
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E-MINI SWING TRADING
DISCRETIONARY TRADING
SYSTEM TRADING
(http://evilspeculator.com/)
(http://evilspeculator.com/e-mini- (http://evilspeculator.com/discretionary(http://evilspeculator.com/systemswing-trading/)
trading/)
trading/)
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Cheat Sheet
Please note that although these price patterns were documented by Ivan Krastins as part of his own trading systems, the de nitions we
use differ in minor ways from the originals. The reasons we have changed de nitions from the original are for simplicity, clarity, and
ease of automation.
Retest Buy (RT-L)
Retest Sell (RT-S)
Retest Variation Buy (RTV-L)
Retest Variation Sell (RTV-S)
Gap Open Real Body Sell (GARB-L)
Gap Open Real Body Sell (GARB-S)
Trend Trade Buy
Trend Trade Sell
Hammer
Shooting Star
Failed Hammer
Failed Shooting Star
Inside Period Long
Inside Period Short
Fakeout Long
Fakeout Short
Retest Buy (RT-L)
1. A Spike Low (not necessarily a signi cant low, just a plain old spike low)
2. The next spike of any sort (high or low) is a spike high
3. Count the bars between (1) and (2) EXCLUDING the bars that made the spikes. That number is N
4. Price cannot break either the low of (1) or the high of (2) or the setup is cancelled (obviously it will likely become a new fakeout
setup at that point)
5. 5) Price cannot make another spike high or spike low or the setup is cancelled
6. 5) After the spike high in 2, at least N+1 bars without breaking the spike low in (1) or the high in (2)
7. 6) A hammer candle.
8. Setup complete. Buy on stop at High[1] + 1 full tick
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Retest Sell (RT-S)
1. A Spike High (not necessarily a signi cant high, just a plain old spike high)
2. The next spike of any sort (high or low) is a spike low
3. Count the bars between (1) and (2) EXCLUDING the bars that made the spikes. That number is N
4. Price cannot break either the high of (1) or the low of (2) or the setup is cancelled (obviously it will likely become a new fakeout
setup at that point)
5. Price cannot make another spike high or spike low or the setup is cancelled
6. After the spike low in 2, at least N+1 bars without breaking the spike high in (1) or the low in (2)
7. A shooting star candle.
8. Setup complete. Sell on stop at Low[1] – 1 full tick
Examples:
(http://evilspeculator.com/wp-content/uploads/2013/07/retest-sell-example-1.png)
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(http://evilspeculator.com/wp-content/uploads/2013/07/1-bar-retest-2.png)
(http://evilspeculator.com/wp-content/uploads/2013/07/common-retest-sell-1.png)
Retest Variation Buy (RTV-L)
1. Signi cant Low: lowest low for 10 bars OR rst bar to break an existing Spike Low.
2. One or more higher closes.
3. One or more lower closes (than the close in 2).
4. Setup complete. Buy on stop 1 full tick above the high of the bar that completes the setup.
Rule: If you count back from the ENTRY bar to the spike high, not counting the trigger bar, the count can be a maximum of 5 bars and no
more.
Examples
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(http://evilspeculator.com/wp-content/uploads/2013/07/retest-variation-buy.png)
(http://evilspeculator.com/wp-content/uploads/2013/07/rtvb.png)
(http://evilspeculator.com/wp-content/uploads/2013/07/retest-variation-examples-and-de nition-1.png)
Retest Variation Sell (RTV-S)
1. Signi cant high (highest high for 10 bars OR the rst bar to break an existing spike high)
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2. One or more lower closes (can happen in the same bar)
3. One or more higher closes (than the close in 2)
4. Setup complete. Sell on stop 1 full tick below the low of the bar that completes the setup. Stop 1 tick above the high.
Note if you count back from the trigger bar to the Spike High that count can be a maximum of 5 bars and no more.
Gap Open Real Body Buy (GARB-L)
1. TRIGGER candle must open below the previous candle REAL BODY (de ned as the lowest of the open and close).
2. Makes a lower low than the previous candle (in 1)
3. Setup complete. IF it opens within the range of the trigger candle go long on stop 1 full tick above the high. Stop loss 1 full tick
below the low
(http://evilspeculator.com/wp-content/uploads/2013/07/gap-open-and-low-de nition.png)
Gap Open Real Body Sell (GARB-S)
1. TRIGGER candle must open above the previous candle REAL BODY (de ned as the highest of the open and close).
2. TRIGGER candle produces a higher high than the previous candle
3. TRIGGER candle must open within range of trigger candle.
4. Go short at Low of TRIGGER candle less 1 full tick. Stop 1 tick above high.
Example:
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(http://evilspeculator.com/wp-content/uploads/2013/07/GOAH-setup-de nition.png)
Trend Trade Buy mode
1. Start with a spike low.
2. Take the next spike high and mark it.
3. Take the next spike high after the spike high in 2. That spike low must be higher than the previous spike low (in 1)
4. Trend trade buy mode is on when price passes above the spike high in 2 (this is the point of recognition in the diagram)
5. Continue marking the next spike low, then the next spike high after that low, then the next spike low after that high, then the next
spike high after that low, etc etc. As long as each successive spike high is higher than the spike high before it, and each
successive spike low is higher than the spike low before it then trend trade buy is on.
6. When a spike high or low breaks the run of higher spike highs and spike lows, the mode is off
7. When in “trend trade buy” mode ANY hammer candle is a setup.
Example:
(http://evilspeculator.com/wp-content/uploads/2013/07/tt-buy-example.png)
While trend trade mode is ON, EVERY hammer candle is a buy setup. Some people argue that while trend trade buy mode is on shorts
should not be taken.
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Trend Trade Sell mode
1. Start with a spike high.
2. Take the next spike low and mark it.
3. Take the next spike high after the spike high in 2.
4. That spike low must be lower than the previous spike high (in 1).
5. Trend trade sell mode is on when price passes below the spike low in 2 (this is the point of recognition in the diagram)
6. Continue marking the next spike high, then the next spike high after that low, then the next spike low after that high, then the
next spike high after that low, etc etc. as long as each successive spike low is lower than the spike low before it, and each
successive spike high is lower than the spike high before it then trend trade sell is on.
7. When a spike high or low breaks the run of lower spike highs and spike lows, the mode is off
8. While trend trade sell mode is on, every shooting star candle is a sell setup. Some people argue that while trend trade sell mode
is on buy setups should not be taken.
Examples:
(http://evilspeculator.com/wp-content/uploads/2013/07/tt-sell-mode.png)
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(http://evilspeculator.com/wp-content/uploads/2013/07/tt-sell-example.png)
Hammer (H-L)
When in trend trade buy mode (see above) a push above the high of any hammer candle is a long setup.
Example:
(http://evilspeculator.com/wp-content/uploads/2013/07/2013-09-08_hammer.png)
Shooting Star (SS-S)
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When in trend trade sell mode (see above) a drop below the low of any shooting star candle is a short setup.
Example:
(http://evilspeculator.com/wp-content/uploads/2013/07/2013-09-08_shooting_star.png)
Failed Hammer (FH-S)
A breach below the low of any hammer candle (trend trade buy mode or not) is a short setup.
Failed Shooting Star (FSS-L)
A breach above the high of any shooting star candle (trend trade sell mode or not) is a long setup:
Examples:
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(http://evilspeculator.com/wp-content/uploads/2013/07/2013-09-08_FSS.png)
Inside Period Buy (IP-L)
A breach above the high of any inside period candle is a long setup:
Example:
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(http://evilspeculator.com/wp-content/uploads/2013/07/2013-09-08_IP_L.png)
Inside Period Sell (IP-S)
A breach below the low of any inside period candle is a short setup:
Example:
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(http://evilspeculator.com/wp-content/uploads/2013/07/2013-09-08_IP_S.png)
Fakeout Buy (FO-L)
1. A spike low
2. The rst bar to break the low of the spike low.
3. Setup complete. Go long if price opens in the range of the trigger candle and breaks the high.
Notes:
This setup is more powerful where the trigger candle is also a hammer
This setup is more powerful in a trending environment.
Example:
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(http://evilspeculator.com/wp-content/uploads/2013/07/2013-09-08_FO_L.png)
Fakeout Sell (FO-S)
1. A spike high
2. The rst bar to break the high of the spike high.
3. Setup complete. Go short if price opens in the range of the trigger candle and breaks the low.
Notes:
This setup is more powerful where the trigger candle is also a shooting star
This setup is more powerful in a trending environment.
Example:
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(http://evilspeculator.com/wp-content/uploads/2013/07/2013-09-08_FO_S.png)
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