Condition:
1. Downtrend line was broken by breakaway Gap (G0). Start a new trend.
2. 2/5/2010 Weekly demand zone confirmed
3. G1: runaway Gap shows 40-50% of the trend.
4. Fib 0.618 retracement,
5. Demand zone entry.
Entry in demand Zone: below 55
or buy at next Gap up open
Stop: 50
Target1: 75; risk/reward=1:4
Target2: 95; risk/reward=1:8
Better to see following confirmations:
1. If SPY weekly Close above 260 in two next weeks,
2. If there is a Gap up (G2) break the down trend line.
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. Downtrend line was broken by breakaway Gap (G0). Start a new trend.
2. 2/5/2010 Weekly demand zone confirmed
3. G1: runaway Gap shows 40-50% of the trend.
4. Fib 0.618 retracement,
5. Demand zone entry.
Entry in demand Zone: below 55
or buy at next Gap up open
Stop: 50
Target1: 75; risk/reward=1:4
Target2: 95; risk/reward=1:8
Better to see following confirmations:
1. If SPY weekly Close above 260 in two next weeks,
2. If there is a Gap up (G2) break the down trend line.
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.
Dagangan aktif
In my real trade, I bought Jun C75/90, limit 2.35;no stop.
Dagangan ditutup secara manual
Closed limit 3.7. Made 50% profit in 5 days.This is a winner.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.