TradingView
PlanTradePlanMM
Jul 8, 2021 5:52 PM

UPS Short Short

United Parcel Service, Inc.NYSE

Description

Double Tops
Breakaway Gap + revisit
OBV<OBV34

Short 211
Stop 220
Target 180

Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.

I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;

Trade active

Buy Sep Put P155/175/195 Limit 1.93
No stop
Max RRR 9:1

Trade closed manually

Closed 6.05, big winner
Comments
jmuzy
Cup&Handle setting up- watch for flag confirmation
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