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PlanTradePlanMM
Nov 27, 2020 4:00 PM

GDX Long Long

AMEX:GDX1D
VanEck Gold Miners ETFArca

Description

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At downtrend channel bottom
Touch Demand Zone

Entry 34
Stop 31
Target 45

I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.

Today, I also long GLD, AUY, GOLD, KGC, MUX, NGD, KL; (FNV, SBSW, GFI pending order, NEM was bought last week, RGLD watch only )

Comment

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Option trade:
Buy 2021 Mar C37 limit 1.7;
Buy MUX 100 shares limit 0.97;
Buy NGD 100 shares limit 1.74;

Trade active

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sell Mar C39, limit 1.52,
current hold C37/39

Trade closed manually

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Closed 0.44. make even.
Supply and DemandDemand Zone
Comments
jadhav22
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Love the trades! Thanks for sharing. Do u see supply zone as max upside or 1st stop in an uptrend. Any fib levels for more upside u can chart?
PlanTradePlanMM
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@jadhav22, Thanks. Good question. FIB#1.6, 33+ (45-33)x1.6 about 53. It is also the next monthly Supply Zone.
jadhav22
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@PlanTradePlanMM, Thanks!
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