83% probability trade on Gold

324 5
With a 6.5% move up in the last 27 days and also increase in volatility . I made a Call Ratio spread in addition to the other trades I already have in GLD , including a double diagonal and a strangle.

Doing this trade alone is as high probability trade with a 83% chance to make money.

Max win per contract is $250

Bought one 123 Call for every two 125 for a .50 credit.

I did 2 of those, so the trade would be:

+2 123 Call
-4 125 Put
Max win $500
交易進行: This trade is already on profit and at max win to the downside, so if anyone took this trade alone, it can be closed for a nice win.

I am leaving the trade just because I still have the double diagonal on, and rolled the put side up to reduce my cost basis.
Just started my Youtube Channel Check it out:
I see a technical breakout on 4/11 with strong volume. Finally broke through big resistance. RSI now breaching oversold as of today which could be a sign for a quick short. But there is a strong up-trend in-tact and equity market fundamentals are weak IMO. If you got burned on your short today, tomorrow could be the day! I'm long JNUG.
@MeowNow, You could be right and thanks for your input. However the max profit of this trade is at 125, and our losing zone is above the R3 monthly Pivot and just below the 88.6 Fib of the previous big down move. The up move would have to correct at some point, either to pull back to the resistance point you are talking about (around 121) or it might slow down at the 78.6 Fib level (around our max profit zone), the idea is that even if we are wrong on direction, time can do the dirty work for us and give us a chance to take profits.

MeowNow AlexanderGotay
@AlexanderGotay, Right on, good luck!
I like this. In fact I will place it myself!
@AdrianM, Yes, we are playing the probabilities and even in the worst case scenario its an easy trade to defend.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出