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PlanTradePlanMM
Oct 28, 2020 4:22 PM

T Long, Demand confirmation Long

AT&T Inc.NYSE

Description

After sideway Consolidation;
Down into demand.
Double bottom

Entry 27
Stop 26
Target1 30
reward:risk=3:1

Earning date 10/22/2020 -- last week.

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

Trade Option: Buy Jan C27 Limit 1.15
Stop 26

Trade active

Sell C29 Limit 0.65
Reduce risk to 0.5, hold C27/29

Trade closed manually

closed 1.38, small winner.
Comments
BrunoDanteSampaio
hey I have similar opinion on AT&T. I'm charting it but also backed up by fundamentals.. I guess you studied Wyckoff, right?
PlanTradePlanMM
@BrunoDanteSampaio, I studied demand/supply. I didn't learn Wyckoff yet. Thanks for your message.
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