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MoonBets
Mar 1, 2022 7:53 PM

Demand Zone for AMD 

Advanced Micro Devices, Inc.NASDAQ

Description

Demand zone is where we have the highest amount of purchases by volume.
You can turn on your volume Profile to spot it if needed.

I would personally enter if the following conditions are met:
1. We reach the demand Zone (starter position)
2. We get a buy signal from WhaleFlow (add to the position)
3. We break the trend line/pattern to the upside (Add more to the position)

I like to enter my trades in 1/3 of the initial investment amount.
If I'm planning to invest with a 100k then I'd enter each trade with 33k.
That way I have enough cash to average down if things don't go as planned.

Also, I have a stop loss of 5% OR when the trade plan fails (failed breakout, economical issues, etc)
Comments
ZamiraZ_Professional
Like it!
treytoyota83
Nice trade ideas, thank you for sharing!
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