Curriculum
Course: OptionBigBull MK_Momentum Indicator
Login
Text lesson

Trade example – AMZN $23,000 profit in 10 min

8/26/2021 –

Pre-Market Analysis

  • Pre-market Low – 3294
  • Pre-market High – 3305
  • AMZN long if HOLD above 3305
  • AMZN short if break below 3294

At Market Open  9:30 am

  • Day Trading Strategies used
    1. ORB – Opening Range Breakout ( long if HOLD above 3305)
    2. VWAP (Volume Weighted Average Price)
    3. ABCD pattern

Day Trading Proprietary Indicators used

  • MK_CUSTOM_RSI
  • MK_Momentum
  • MK_MTF (Multiple Time Frame)
  • MK_ORB

Trade Logic –

  • Entry -> @9:40 am when all the indicator all aligned with strategy entered the trade
    • Trade -> AMZN BUY 3305 CALL (ATM) Expiry – 27 AUG
    • Contract size – 50¬† ($50k) ( Note – You can start with 5 contract size with 5K capital and scale up as you gain confidence )
  • Exit
    • Target profit – 20%
    • Exited the trade when all indicator triggered sell or take profit signal
    • AMZN – Total Profit -> $23,750 on $50 K capital in 10 min

Note – Please see and download attached images