Two demand zones, one on top of another.
The 1st DZ is not high quality.
The 2nd DZ is high quality. (Rally based Rally) -- It had been touched this morning.
Entry: 38.5
Stop: 37;
Target: 45; reward:risk=4:1
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.
The 1st DZ is not high quality.
The 2nd DZ is high quality. (Rally based Rally) -- It had been touched this morning.
Entry: 38.5
Stop: 37;
Target: 45; reward:risk=4:1
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.
Trade active:
Option trade: BuytoOpen Jan C40, limit 1.79;
Stop: 37
Stop: 37
Trade closed manually:
closed 2.22, small winner