Someone else has already started a 'Trade the Plan' thread, so I have shortened my preferred title!

I am combining a couple of systems, therefore I will attempt to explain as I go along, rather than listing all standards here from the title.

I am basing my trading method on a fashion I learnt from a fantastic trader with the manage 'Divergence'. He selflessly stocks this method on a thread under 'Trading Systems' whereas, I wanted to start a thread, I thought I would list it under 'Traders Journals' .

I will include some Elliott Wave work within my own fashion.

Two of the main variants I will be looking for are the following;



Primarily a Cup Manage or Head Shoulders set up, which can be either as fad change or fashion continuation (following a pullback). I think it is self explanatory.
The next is a pullback in fashion, followed by a 123 or a flagline, (but preferably both). The 123 may be used back into fad. Looking for divergence in both cases will be important. Regular together with the very first and Hidden divergence for trend continuation.

1) Ascertain a fad (HH/HL or LL/LH's)
2) Wait for a pullback
3) Enter back into main trend with a 123
4) Manage trade