KATA2
Kata 2 uses any time frame charts and follows the following steps: Trade your most extreme movers (either extremely overbought or oversold in the NDX10) from your stock list. Establish the PSAR Flip Box (PFB) from the previous day, computed from the distance between PSAR dots on the most recent flip. Bracket the opening with 2s PFB Go in the direction of the breakout, with an iStop at the current PSAR or RL10 max excursion. Apply the Wu-Wei exit management process using the chosen skin of the Dragon as your Manager Stop, rather than the Bollinger Band (BB) Mean. Apply the Sniper/Manager technique when you start to worry. Do not carry a full position overnight, only carry a max of 1/5 of the position. If successful, plan for a continuation tomorrow with the same position size and PFB (Option: You may elect to adjust the PFB with reasons). Particularly well suited for 1 min (day trading)and 30 min charts (day/swing hybrid trading), and daily/weekly charts for swing