Long
WORK Long, Demand Zone
Daily Demand zone touched, not confirmed yet
If trade stock, better wait for Zone confirmation, trendline break, and cross over EMA144.
Entry: below 28
Stop: 26.5;
Target1: 35; risk/reward=1:4
Target2: 40; risk/reward=1:7
I am not a Pro trader. I need few months to work on rule based trading strategies.
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 consistently.
If trade stock, better wait for Zone confirmation, trendline break, and cross over EMA144.
Entry: below 28
Stop: 26.5;
Target1: 35; risk/reward=1:4
Target2: 40; risk/reward=1:7
I am not a Pro trader. I need few months to work on rule based trading strategies.
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 consistently.
Trade active
BuytoOpen Dec C35/45 Limit 1.43No stop in this option trade; Option risk/reward=1:6 -- OK to try my luck.
Otherwise, this position could be stopped easily, and 22-24 is next high quality demand zone.
Trade closed manually
SelltoClose limit 1.95 -- a small winner
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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.