My Jan. 18 call played out and yielded 26 points gain below.
However, I made one grave error! We were on wave 3 not wave 5.
Wave 5 is starting. I have taken most of my profits, but there is more to be made here.
At the risk of overtrading, here is a fun play:
- Straddle for Wave 5 to 124
- Puts will catch the corrective wave
However, I made one grave error! We were on wave 3 not wave 5.
Wave 5 is starting. I have taken most of my profits, but there is more to be made here.
At the risk of overtrading, here is a fun play:
- Straddle for Wave 5 to 124
- Puts will catch the corrective wave
Trade closed: target reached
Both targets reached! Holding some puts to see if we go lower (8/10)
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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.