Breakaway GAP and huge volume MACD Divergence OBV Breakout double bottom Williams %R crossed -80
Entry 9.3 Stop 7 Target 23
I am not a PRO trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.
Trade active
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Buy Aug Call spread C12.5/25 limit 1.15 Delta 0.25 Stop 7, option risk 0.5 MAX RRR 10:1.
Trade active
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buy Dec C7.5/17.5 limit 1.25
Trade closed manually
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Close Aug C12.5/25, 0.75, lost 0.4, Price came back, lost timing value. Close Dec C7.5/17.5 2.1, win 0.9 Over all, small winner.
Hitting SL? Looks likely.. never broke out of downtrend..just pop and fade..
PlanTradePlanMM
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@DameELTocino, This might go sideways. From 4/1/2021, I began to combine multiple tech-indictors. I would try 100 trades first, each trade with very small risk. see if my new tech-indictor strategies work or not. Thanks.
slimebaby
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Can you shed some light as to why all the gains made today evaporated on such low volume?
PlanTradePlanMM
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@slimebaby, sorry, I don't know why the price up and down today.
imDRAWN
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@slimebaby, probably doesnt mean much. I like this trade idea and will stay in until SL (mines around 8)