BYND to Long, in Uptrend, entry at Demand zone.
Condition:
1.IPO demand zone confirmed.
2.Downtrend line was broken by break away Gap.
3.in Uptrend, pullback to a fresh demand zone.
Entry below 69
Stop: 63
Target1: 89; risk/reward=1:3
Target2: 100; risk/reward=1:5
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.
In my real trade, I use options. I bought JuL C95/110 Call, limit 2.35;
Risk:reward=1:6. No need to set stop.
Sum of my ideas:
2 active, 13 winner, 1 loser, 0 pending for condition;
4 analysis only, 8 cancelled;
1.IPO demand zone confirmed.
2.Downtrend line was broken by break away Gap.
3.in Uptrend, pullback to a fresh demand zone.
Entry below 69
Stop: 63
Target1: 89; risk/reward=1:3
Target2: 100; risk/reward=1:5
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.
In my real trade, I use options. I bought JuL C95/110 Call, limit 2.35;
Risk:reward=1:6. No need to set stop.
Sum of my ideas:
2 active, 13 winner, 1 loser, 0 pending for condition;
4 analysis only, 8 cancelled;
Trade active:
I bought JuL C95/110 Call, limit 2.35;
Trade active:
Right now, BYND down 6, My C95/110 lost 0.6.
If it was stock, It is nearly to be stopped.
By Trading option, I try to avoid being stopped at the same price as other stock traders. for now, I still have chance to win in the long term trending direction.
If it was stock, It is nearly to be stopped.
By Trading option, I try to avoid being stopped at the same price as other stock traders. for now, I still have chance to win in the long term trending direction.
Trade closed: target reached:
This is a winner