Mark V Strategy from Mark Melnick From T3 Live

Who is Mark Melnic?

Since 1999, Mark Melnic has been a professional day and swing trader who works for a trading service called T3 Live. T3 Live has a Virtual Trading Floor, Newsletters, and Educational Programs. He host a Youtube Channel called the Newsbeat Show.

He has a strategy that focuses on the opening of stocks specifically around earnings that he claims 80-85% win rate. Below is a breakdown of his strategy.

Mark V Strategy

Going Long or Short at the open above or below a previous 5 minute Candle. The strategy only works on liquid well known stocks, usually during earnings.

Mark V Long

  1. Choose and earnings name of a large, well known, liquid stock
  2. Stock Is Gapping up in the morning. Wait for a 5 Minute bar to close Green (Closes higher than the open price). The first 5 Minute Candle Must Be Green. This is to ensure buyers are in control.
  3. Wait for a 5 minute bar that has not broken a prior bar high, get ready to buy through the next 5 minute bar that breaks the prior candle high. Your 1st target is the Day Highs.
  4. Your Stop loss is the low of the prior candlestick's low you used to buy from.

mark melnick v long straregy t3 live

 

Mark V Short

  1. Choose and earnings name of a large, well known, liquid stock
  2. Stock Is Gapping down in the morning. Wait for a 5 Minute bar to close. Up or Down doesn't Matter.
  3. Wait for a 5 minute bar that has not broken a prior bar low, get ready to short through the next 5 minute bar that breaks the prior candle high. Your 1st target is the Day Lows.
  4. Your Stop loss is the high of the prior candlestick's low you used to buy from.

mark melnick v short straregy t3 live

 

Per Mark, This Strategy has an 87.8% Effecive Win Rate utilizing the names they provide. Below is a video of him explaining the Mark V strategy.

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