ERIC to Long, Breakaway Gap
Updated
Condition:
1. Downtrend line was broken by breakaway Gap
2. Runaway Gap in Uptrend. It shows 40% in the trend.
Entry 11
Stop: 10
Target: 17; reward:risk=7:1
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.
In my past Runaway Gap trades, 70% reached the final 100% target.
Plans reached final target:
1. ROKU 3/26/2020
2. ROKU 6/8/2020
3. GM 3/31/2020
4. MGM 3/31/2020
5. WYNN 4/2/2020
6. SQ 4/6/2020
7. ABT 5/15/2020
Plans did not reach final target:
1. PEP 6/9/2020
2. AAL 6/10/2020
3. BMY 6/8/2020
1. Downtrend line was broken by breakaway Gap
2. Runaway Gap in Uptrend. It shows 40% in the trend.
Entry 11
Stop: 10
Target: 17; reward:risk=7:1
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.
In my past Runaway Gap trades, 70% reached the final 100% target.
Plans reached final target:
1. ROKU 3/26/2020
2. ROKU 6/8/2020
3. GM 3/31/2020
4. MGM 3/31/2020
5. WYNN 4/2/2020
6. SQ 4/6/2020
7. ABT 5/15/2020
Plans did not reach final target:
1. PEP 6/9/2020
2. AAL 6/10/2020
3. BMY 6/8/2020
Trade active
Buy 2021 Apr C11 Limit 1.15Stop 9
Trade active
Sell P13, limit 0.75, reduce risk;Hold C11/13 with cost 0.4
Trade closed manually
closed 1.36, small winner
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