Condition:
1. 3/8/2013 weekly Demand zone confirmed
2. breakaway Gap (G1), down trendline break
3. down to demand zone
Entry: below 43
Stop: 42
Target1: 47; risk/reward=1:4
Target2: 53; risk/reward=1:10
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
1. 3/8/2013 weekly Demand zone confirmed
2. breakaway Gap (G1), down trendline break
3. down to demand zone
Entry: below 43
Stop: 42
Target1: 47; risk/reward=1:4
Target2: 53; risk/reward=1:10
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active
In my option trade, I bought JUL C47.5, limit 1.6; Stop below 42.
Trade closed manually
Closed limit 1.76. It is not strong as projected. Stock trade should be stopped already.Option just made small profit, as the time value loss deducted the price gain.
This is a small winner.
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.