22 Flashcards

22 (70 cards)

1
Q

Ox, Bull, Air, 1, Yellow.
Joy Knowledge Empowerment Freedom Love Appreciation
SIGNAL?

A

Signal: Strong bull trend bar in a bull spike, Continuation signal in the spike phase of a strong trend: can be buying at the top of a bull trend.

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2
Q

Dwelling, Mercury, 2, Sky Blue.
Passion
SIGNAL?

A

Signal: Reversal bar.

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3
Q

Camel, Moon, 3, Silver.
Enthusiasm Eagerness Happiness.
SIGNAL?

A

Signal: Two-bar reversal.

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4
Q

Door, Venus, 4, Green.
Positive Expectation Belief.
SIGNAL?

A

Signal: Three-bar reversal.

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5
Q

Window, Breath, Aries, 5, Scarlet.
Optimism.
SIGNAL?

A

Signal: An inside bar.

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6
Q

Nail, And, Peg, Hook, Taurus, 6, Dark Brown.
Hopefulness.
SIGNAL?

A

Signal: An inside inside (or inside inside inside) pattern.

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7
Q

Goad, Staff, Teach, Learn, Gemini, 7, Pink.
Contentment.
SIGNAL?

A

Signal: A small bar near the high or low of a big bar or trading range.

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8
Q

Fence, Wall, Cancer, 8, Light Brown.
Boredom.
SIGNAL?

A

Signal: An inside outside inside pattern.

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9
Q

Serpent, Basket, Womb, Leo, 9, Red.
Pessimism.
SIGNAL?

A

Signal: Outside bar and outside outside pattern.

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10
Q

Hand, Virgo, 10, Dark Green.
Frustration Irritation Impatience.
SIGNAL?

A

Signal: Micro double top and bottom.

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11
Q

Palm, Spoon, Hollow, Jupiter, 11, Purple.
Overwhelment.
SIGNAL?

A

Signal: Failed reversal attempt, including a reversal bar failure.

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12
Q

Sword, Weapon, Libra, 12, Dark Blue.
Disappointment.
SIGNAL?

A

Signal: Failed continuation attempt, like shorting above a high 1 signal bar in a bull trend that appears to be topping.

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13
Q

Anointment, Water, 13, Sea Green.
Doubt.
SIGNAL?

A

Signal: Shaved bar: a bar with no tail at either the top or the bottom.

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14
Q

Fish, Scorpio, 14, Earth Brown.
Worry.
SIGNAL?

A

Signal: Counter Trend bar: A bull trend bar can be a sell setup in a rally in a strong bear trend and near the top of a trading range.

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15
Q

Prop, Support, Sagittarius, 15, Gold.
Blame.
SIGNAL?

A

Signal: Any pause or pullback bar in the spike phase of a strong trend.

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16
Q

Eye, Spring, Omniscience, Capricorn, 16, Indigo.
Discouragement.
SIGNAL?

A

Signal: All bars in a channel: Buy at or below prior bar, sell at or above prior bar.

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17
Q

Mouth, Communication, Mars, 17, Red.
Anger.
SIGNAL?

A

Signal: Any bar that forms a higher low in a bull trend and a lower high in a bear trend.

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18
Q

Fish Hook/Lure, Aquarius, 18, Pink.
Revenge.
SIGNAL?

A

Signal: Only use 2nd Entry Signal.

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19
Q

Head Back, Nape, Needle Eye, Pisces, 19, Grey.
Hatred Rage Wrath.
SIGNAL?

A

Signal: Only use Trend Bar in Direction of Trade for Signal.

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20
Q

Face, Poor, Sun, 20, Yellow.
Jealousy Envy.
SIGNAL?

A

Signal: Counter Trend Signals must be Big and Perfect.

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21
Q

Tooth, Strong, Chew, Fire, 21, Red.
Insecurity Guilt Unworthiness Shame.
SIGNAL?

A

Signal: With Trend and Trading Range Signals are Weak in order to Trap Traders Out.

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22
Q

Cross, Mark, Sign, Saturn, 22, Black.
Fear Grief Depression Despair Powerlessness.
SIGNAL?

A
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23
Q

Ox, Bull, Air, 1, Yellow.
Joy Knowledge Empowerment Freedom Love Appreciation
SETUP?

A

Setup: High 2 pullback to the moving average in a bull trend. Probability 60 percent or better (reward has to be at least as big as risk to break even).

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24
Q

Dwelling, Mercury, 2, Sky Blue.
Passion
SETUP?

A

Setup: Buying a wedge bull flag pullback in a bull trend. Stop Entry, 60%, R>1.

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25
Camel, Moon, 3, Silver. Enthusiasm Eagerness Happiness. SETUP?
Setup: Buying a breakout pullback from a breakout of a bull flag in a bull trend. Stop Order, 60%, R>1.
26
Door, Venus, 4, Green. Positive Expectation Belief. SETUP?
Setup: Buying a high 1 pullback in a strong bull spike in a bull trend, but not after a buy climax. Probability 60 percent or better. Stop Order, 60%, R>1.
27
Window, Breath, Aries, 5, Scarlet. Optimism. SETUP?
Setup: Buying second entry at the bottom of a trading range. Stop Order, 60%, R>1.
28
Nail, And, Peg, Hook, Taurus, 6, Dark Brown. Hopefulness. SETUP?
Setup: After a strong break of the trend line, look for a reversal after a test of the trend's extreme where there is a good reversal signal bar. Traders are looking to buy a higher low or a lower low at a bottom, or to short a higher high or a lower high at a top. Stop Order, 60%, R>1.
29
Goad, Staff, Teach, Learn, Gemini, 7, Pink. Contentment. SETUP?
Setup: Strong final flag reversal. Stop Order, 60%, R>1.
30
Fence, Wall, Cancer, 8, Light Brown. Boredom. SETUP?
Setup: Buying a third or fourth push down in a bear stairs pattern for a test of the low of the prior push down and possible reversal. Stop Order, 60%, R>1.
31
Serpent, Basket, Womb, Leo, 9, Red. Pessimism. SETUP?
Setup: Buying a bull spike in a strong bull breakout at the market or at the close of the bar, or on a limit order at or below the low of the prior bar (entering in spikes requires a wider stop and the spike happens quickly, so this combination is difficult for many traders). Market Order, 60%, R>1.
32
Hand, Virgo, 10, Dark Green. Frustration Irritation Impatience. SETUP?
Setup: Buying a bear breakout at around a measured move, if the breakout is not too strong—for example, if the range is about four points tall in the Emini, buying on a limit order at four points below the range, risking four points, and expecting a test of the breakout point. Only very experienced traders should consider this. Market Order, 60%, R>1.
33
Palm, Spoon, Hollow, Jupiter, 11, Purple. Overwhelment. SETUP?
11. Stronger Setup: Buy low or below low 1 or 2 weak signal bar in a possible new bull trend after strong reversal or bottom of a trading range. Market Entry, 60%, R>1. 11. Weaker Setup: Buy low or below low 1 or 2 signal bar, even if not weak, on a limit order (a potential higher low) in new bull trend or at the bottom of a trading range. For example, if the market might be completing a wedge reversal top in a bull trend and pulls back for a bar or a few bars, shorting above the high 1 and high 2 signal bars is shorting in what you hope is a new bear swing. Market Entry, 40 to 60%, R>2.
34
Sword, Weapon, Libra, 12, Dark Blue. Disappointment. SETUP?
Setup: Buying at or below the prior bar on a limit order in a quiet bull flag at the moving average. Market Order, 60%, R>1.
35
Anointment, Water, 13, Sea Green. Doubt. SETUP?
Setup: Buying below a bull bar that breaks above a bull flag, anticipating a breakout pullback. Market Order, 60%, R>1.
36
Fish, Scorpio, 14, Earth Brown. Worry. SETUP?
Setup: The initial entry when scaling into a position in a trading range. Probability of success of about 50 percent (reward has to be at least 50 percent greater than risk to break even).
37
Prop, Support, Sagittarius, 15, Gold. Blame. SETUP?
Setup: Buying or selling in a tight trading range, expecting a breakout that would result in a profit that is several times greater than your risk. 50%, R>1.5.
38
Eye, Spring, Omniscience, Capricorn, 16, Indigo. Discouragement. SETUP?
Setup: Shorting a lower high in a trading range when the trend might be reversing down, or buying a higher low when the trend might be reversing up. Since the entry is in the middle of the trading range, the probability is 50 percent, but the reward is usually twice the risk.
39
Mouth, Communication, Mars, 17, Red. Anger. SETUP?
Setup: Probability of success of 40 percent or less (reward has to be at least twice the size of risk): Buying at the bottom of a bear trend or shorting at the top of bull trend where the reversal trade allows for a small risk and a very large reward—for example, shorting a rally to a clear resistance level, entering on a limit order at one tick below the resistance, and having a protective stop at one or two ticks above it.
40
Fish Hook/Lure, Aquarius, 18, Mauve. Revenge. SETUP?
Setup: Buying a breakout test in a bull trend on a limit order as the market is falling, or shorting a breakout test in a bear trend on a limit order as the market is rising.
41
Head Back, Nape, Needle Eye, Pisces, 19, Grey. Hatred Rage Wrath. SETUP?
Setup: Fading magnets, like shorting at a measured move up in a bull trend or buying at a measured move down in a bear trend. 40 to 60% R>2.
42
Face, Poor, Sun, 20, Yellow. Jealousy Envy. SETUP?
Setup: Selling a buy climax around and beyond the close of an unusually large bull trend bar in an area of resistance in an overdone bull trend. 40 to 60% R>2.
43
Tooth, Strong, Chew, Fire, 21, Red. Insecurity Guilt Unworthiness Shame. SETUP?
Setup: Second entry Reversal after trend channel line OVERSHOOT. 40 to 60%, R>2.
44
Cross, Mark, Sign, Saturn, 22, Black. Fear Grief Depression Despair Powerlessness. SETUP?
Setup: Fade Good Supply and Demand zone with price action approaching and good rejection. 40 to 60% R>2.
45
Ox, Bull, Air, 1, Yellow. Joy Knowledge Empowerment Freedom Love Appreciation MAGNET?
Magnet: Trend lines.
46
Dwelling, Mercury, 2, Sky Blue. Passion MAGNET?
Magnet: Trend channel lines.
47
Camel, Moon, 3, Silver. Enthusiasm Eagerness Happiness. MAGNET?
Magnet: Any measured move target including a leg 1 = leg 2 projection.
48
Door, Venus, 4, Green. Positive Expectation Belief. MAGNET?
Magnet: Spike and channel: the start of the channel is usually tested before long.
49
Window, Breath, Aries, 5, Scarlet. Optimism. MAGNET?
Magnet: High, low, open, and close of yesterday.
50
Nail, And, Peg, Hook, Taurus, 6, Dark Brown. Hopefulness. MAGNET?
Magnet: Swing highs and lows of the past few bars or even days, often setting up double bottom bull flags and double top bear flags.
51
Goad, Staff, Teach, Learn, Gemini, 7, Pink. Contentment, Serenity. MAGNET?
Magnet: Breakout points.
52
Fence, Wall, Cancer, 8, Light Brown. Boredom, Unappreciated Serenity. MAGNET?
Magnet: Gaps of any kind, including moving average gaps.
53
Serpent, Basket, Womb, Leo, 9, Red. Pessimism. MAGNET?
Magnet: The extreme of a trend after every type of pullback.
54
Hand, Virgo, 10, Dark Green. Frustration Irritation Impatience. MAGNET?
Magnet: Trading ranges from earlier in the day or prior days, including tight trading ranges and barbed wire: the extremes and the middle often get tested.
55
Palm, Spoon, Hollow, Jupiter, 11, Purple. Overwhelment. MAGNET?
Magnet: The approximate middle of the range on a trading range day, especially if there is an intraday trading range in that area (a fat area).
56
Sword, Weapon, Libra, 12, Dark Blue. Disappointment. MAGNET?
Magnet: Final flags: after the breakout from the flag, the market comes back to the flag and usually breaks out of the other side.
57
Anointment, Water, 13, Sea Green. Doubt. MAGNET?
Magnet: Barbwire.
58
Fish, Scorpio, 14, Earth Brown. Worry. MAGNET?
Magnet: Entry bar and signal bar protective stops.
59
Prop, Support, Sagittarius, 15, Gold. Blame. MAGNET?
Magnet: Entry price.
60
Eye, Spring, Omniscience, Capricorn, 16, Indigo. Discouragement. MAGNET?
H Trnd B Opp Xtr Magnet: Huge trend bar opposite extreme (the low of a huge bull trend bar and the high of a huge bear trend bar).
61
Mouth, Communication, Mars, 17, Dark Red. Anger. MAGNET?
Magnet: Common profit targets for scalp and swing positions: in the 10 minute Emini, a 5$ or 10$ scalp, and 25$, and 50$ for a swing.
62
Fish Hook/Lure, Aquarius, 18, Pink. Revenge. MAGNET?
Magnet: A move equal to the size of the required protective stop: if an Emini trade required you to use a 12-tick protective stop to avoid getting stopped out, expect the move to ultimately reach 12 ticks in your favor.
63
Head Back, Nape, Needle Eye, Pisces, 19, Grey. Hatred Rage Wrath. MAGNET?
Magnet: Weekly, and Monthly high low open and close.
64
Face, Poor, Sun, 20, Yellow. Jealousy Envy. MAGNET?
Magnet: Round numbers.
65
Tooth, Strong, Chew, Fire, 21, Red. Insecurity Guilt Unworthiness Shame. MAGNET?
66
Cross, Mark, Sign, Saturn, 22, Black. Fear Grief Depression Despair Powerlessness. MAGNET?
67
The ten commandments:
1. I am the lord your god. You must not worship other gods. 2. You must not make any idols. 3. You must not use the name of the lord your god wrongly. 4. Remember the sabbath day and keep it whole. 5. Respect your father and your mother. 6. You must not murder. 7. You must not cheat on your spouse. 8. You must not steal. 9. You must not lie. 10. You must not be jealous of other people's possessions.
68
6 Physical Emotions:
Disgust, Fear, Sad, Anger, Surprise, Happy.
69
7 Deadly Sins
pride, greed, wrath, envy, lust, gluttony, sloth
70
7 Cardinal Virtues
humility, charity, kindness, patience, chastity temperance, diligence