Hello all,
This is my first time posting on here. So, please feel free to leave any questions, advice, or anything else in the comments!
I took this AMD swing trade on the 10/22/25 @ 2:12ish PM CST.
POSITION:
1 $300 Strike Call Exp Nov 7th 2025
Risk: $30 (price takes out low of hammer candle)
Initial PT: Previous highs (Red box) for $75 profit
Final PT: Actively managed since price moved past previous highs ($144 final profit)
WHY I TOOK THE TRADE
1. From the 7th-23rd AMD looked to be forming an ascending triangle pattern on the 1 day and 4HR timeframe.
2. AMD validated 2 support areas to me, which was an ascending support line (Blue arrow) and a demand zone from $222.92 to $225.11 (Purple arrow). In addition to this, price recently broke out from a W pattern (Green bubble) around 10/14 on the 1-4HR time frame (wish I saw it forming sooner lol), which confirmed to me that there was still momentum for the upside.
3. I saw that AMD was potentially forming another larger W pattern on the 1-4HR timeframes (Yellow arrows).
ENTRY Rules:
1. Measure Risk to Reward position, if less than 1.8 to 2.5 R/R, don't take the trade.
2. Wait for price to pull back to area of value (confirmed by multiple touch points.
3. Wait for a strong bullish candle to close 60% or above previous bearish candle (at the demand zone level), to confirm potential price reversal; then enter on the open of the very next candle.
4. Place SL where price invalidates analysis (below bullish hammer candle and demand zone), and PT at most recent highs (or actively manage if price pushes to the upside with momentum).
SUMMARY:
I am glad I took this trade, because it I am still relatively new to trading and I am improving on following my trade plan and TA more.
If anyone has any comments or feedback I would love to chat!
Thank you!
This is my first time posting on here. So, please feel free to leave any questions, advice, or anything else in the comments!
I took this AMD swing trade on the 10/22/25 @ 2:12ish PM CST.
POSITION:
1 $300 Strike Call Exp Nov 7th 2025
Risk: $30 (price takes out low of hammer candle)
Initial PT: Previous highs (Red box) for $75 profit
Final PT: Actively managed since price moved past previous highs ($144 final profit)
WHY I TOOK THE TRADE
1. From the 7th-23rd AMD looked to be forming an ascending triangle pattern on the 1 day and 4HR timeframe.
2. AMD validated 2 support areas to me, which was an ascending support line (Blue arrow) and a demand zone from $222.92 to $225.11 (Purple arrow). In addition to this, price recently broke out from a W pattern (Green bubble) around 10/14 on the 1-4HR time frame (wish I saw it forming sooner lol), which confirmed to me that there was still momentum for the upside.
3. I saw that AMD was potentially forming another larger W pattern on the 1-4HR timeframes (Yellow arrows).
ENTRY Rules:
1. Measure Risk to Reward position, if less than 1.8 to 2.5 R/R, don't take the trade.
2. Wait for price to pull back to area of value (confirmed by multiple touch points.
3. Wait for a strong bullish candle to close 60% or above previous bearish candle (at the demand zone level), to confirm potential price reversal; then enter on the open of the very next candle.
4. Place SL where price invalidates analysis (below bullish hammer candle and demand zone), and PT at most recent highs (or actively manage if price pushes to the upside with momentum).
SUMMARY:
I am glad I took this trade, because it I am still relatively new to trading and I am improving on following my trade plan and TA more.
If anyone has any comments or feedback I would love to chat!
Thank you!
Trade closed manually
I will share the 1HR chart either here or in another post!
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.