NFLX Long
In uptrend Sideway Consolidation
PlanA: Near bottom of Sideway Consolidation
Entry 483
Stop 455
Target1 558; RRR 3:1
Target2 612; Fib Ext. 1.618; RRR 5:1
PlanB: Next Demand Zone is a better entry point.
Entry 445
Stop 430
Target 558; RRR 7:1
PlanB has better RRR and Probability to win. But it may not go down to that low level.
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.
PlanA: Near bottom of Sideway Consolidation
Entry 483
Stop 455
Target1 558; RRR 3:1
Target2 612; Fib Ext. 1.618; RRR 5:1
PlanB: Next Demand Zone is a better entry point.
Entry 445
Stop 430
Target 558; RRR 7:1
PlanB has better RRR and Probability to win. But it may not go down to that low level.
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
PlanA option trade:buy Dec C540/600/660 Limit 3.5; RRR 16:1; 36 days.
No Stop in PlanA Option.
PlanA is Gamble.
PlanB is an ideal trading plan. I will put another entry there.
Trade active
BuytoClose C600 limit 0.18Current hold Dec C540/600 and c660 total cost 3.7;
Trade active
BuytoClose C600 limit 0.15; total cost 3.85Trade closed manually
Closed 3.1, lost 0.75; I gave the days too tight.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.