Entry plan for trending environment:

· Markets to retrace 38-50% off its highs
· A support at its 20-period exponential moving average
· A bull-flag formation
· On a smaller timeframe, look for a ABC corrective wave to
confirm bull flag pattern
· Test of the lower trend-line of the bull-flag pattern
· Stochastic to have reached oversold condition of 20 or lower
· Once the market confirms all this criteria, place a buy order
at the market
· Exit at the pivot low below its 20 EMA as risk point, typically
no more than x points of risk on any one trade. Exits will be
as follows: when profitability is more than x points, seek to
take off 50% of my position immediately and move the stop
up to the break-even point. Short sells are simply a reverse
of the above.