Min Thi Aung trade

1) Opening prep (6:30 AM PT)

1. Draw the 15-min range
   • Mark 15-min High and Low after the bell.
   • Note if the range is narrow/sideways → expect chop near VWAP.
2. Map key lines
   • VWAP (intraday fair value).
   • 9EMA (very short momentum guide).
   • Any obvious supply/demand zones and a basic trendline.

2) First long (CALL) idea (around 6:43–6:46)

Trigger ingredients he waits for at/near the 15-min Low:

• Price pattern: a Double Bottom at the 15-min Low.
• Candle: a clear momentum candle up from that base.
• MACD: lines crossing up and histogram growing toward/above 0 (momentum confirmation).
• Moving averages: 9EMA crosses above VWAP (bull bias).
• Structure: a small BOS/CHoCH to upside is a bonus.

Entry logic:

• If price reclaims VWAP with a momentum candle and MACD supports, take a scalp CALL.
• Stop-loss: a few ticks below the double-bottom low (or below VWAP if tighter).
• Target/exit: he’s scalping → typically ~3 one-minute candles or first nearby level (prior swing high, micro supply).

3) Read & manage while in the trade

• If 9EMA stays above VWAP and MACD stays strong (above/expanding from zero), let it print those few 1-min candles.
• If momentum stalls at a level, take quick profits (he’s a scalp trader).

4) Flip short (PUT) idea (around 7:19–7:21)

He notices momentum failure:

• MACD: the line moves up toward the zero line but fails to cross and rolls over → momentum weak.
• Pattern: forms a Head & Shoulders near the highs / trendline.
• Structure: loss of the rising trendline/neckline (mini CHoCH down).

Entry logic:

• On the neckline/trendline break with MACD rolling down (histogram heading below zero), take a scalp PUT.
• Stop-loss: just above the right shoulder or above the broken trendline.
• Target/exit: again ~3 one-minute candles or the VWAP/MA below.

He closed the PUT quickly for profit (pure scalp, not a swing).

5) The MACD “zero-line rule” (his main momentum filter)

• Above 0 and rising → favor CALLs.
• Below 0 and falling → favor PUTs.
• At/near 0 in chop → false signals are common; rely more on structure/VWAP (he warns MACD is weaker in sideways).

6) The checklist he’s actually using

For CALL (long) scalp

• At/near key support (e.g., 15-min Low).
• Double Bottom or clear higher low.
• Momentum candle up.
• 9EMA > VWAP (or crossing up).
• MACD crossing up and histogram moving toward/above 0.
• Enter on VWAP reclaim / momentum push.
• Stop under base; take profits fast (3× 1-min bars or first resistance).

For PUT (short) scalp

• Near resistance/top with lower high or Head & Shoulders.
• Trendline/neckline break.
• MACD fails at zero and rolls down; histogram below 0.
• Enter on breakdown; stop above right shoulder; take profits fast at VWAP/next demand.

7) Risk & common pitfalls (how he avoids trouble)

• Trades with VWAP & MACD alignment; avoids pure MACD during sideways.
• Keeps tight stops and fast profit-taking (1-min, ~3 candles).
• Sizes small; one or two precise attempts vs. over-trading.
• Watches for false breaks at VWAP; wants a full candle close or strong impulse, not just a wick.

8) One-page pseudo-rules (you can tape to your monitor)

1. Mark 15-min High/Low, VWAP, 9EMA, trendline.
2. Only trade when price + MACD + VWAP/9EMA agree.
3. CALL: Support + momentum candle + 9EMA>VWAP + MACD→0/above → enter; stop under base; take quick profit.
4. PUT: Resistance/H&S + trendline break + MACD rolls below 0 → enter; stop above shoulder; quick profit.
5. If MACD flat near 0 & price hugging VWAP → stand aside.
6. Max loss per trade small; no revenge trading.

That’s his technique: structure first (range, double bottom, H&S), VWAP/9EMA for bias, and MACD zero-line for momentum confirmation—executed as short, fast scalps on the 1-minute chart.