PFE Long, 60M Fib 0.5 Retracement and Demand Zone
Fib 0.5 retracement
Demand zone is not confirmed yet.
Estimate: Gap Up (G1) above the demand zone
Earning will not affect this trade.
Entry: 33.5
Stop: 32.5; Below Demand zone
Target: 36.5; risk/reward=1:3
This is a trading school homework. I need few 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.
Demand zone is not confirmed yet.
Estimate: Gap Up (G1) above the demand zone
Earning will not affect this trade.
Entry: 33.5
Stop: 32.5; Below Demand zone
Target: 36.5; risk/reward=1:3
This is a trading school homework. I need few 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.
Trade active:
BuyToOpen Sep C35 Limit 1.22
No Stop in this Option
Using Option with small risk and None stop is my current strategy.
For now, I am not good in counter trend trade. I try to avoid being stopped where stock traders might be stopped just below the entry zone.
No Stop in this Option
Using Option with small risk and None stop is my current strategy.
For now, I am not good in counter trend trade. I try to avoid being stopped where stock traders might be stopped just below the entry zone.
Trade closed manually:
Sell To Close Limit 1.81
This is a small winner.
This is a small winner.