Idea;
Geopolitical tensions in the middle east will heat up over the weekend. Let's buy some cash and run it through the algo long ahead of the potential weekend gap.
LEG A:
1. Short Oil
2. Target Fair Value
3. Bank Profits
LEG B:
1. Long Oil via Synthetadex Algo
2. Target anything higher
3. Bank Profit Gap Up Sunday Night.
Geopolitical tensions in the middle east will heat up over the weekend. Let's buy some cash and run it through the algo long ahead of the potential weekend gap.
LEG A:
1. Short Oil
2. Target Fair Value
3. Bank Profits
LEG B:
1. Long Oil via Synthetadex Algo
2. Target anything higher
3. Bank Profit Gap Up Sunday Night.
Trade closed: target reached
Closing out before the real volume joins in because we caught the initial pop. Expecting it to go higher, but moving out the way for a small correction. Also, Phase 1 made more than I expected, and it funded the entire trade for phase 2, which also doubled itself. Interesting setup, not a common thing at all but, I've seen enough to plan it out and play it.
On to the next!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.