MRK Long, 60M Demand Zone

2020年6月15日

The Highlighted Area had been traded many times.
Buy orders and Sell orders had been filled by each other.

Once demand zone got confirmed,
This area will be treated as GAP.

Earning will not affect this trade.

Entry: 74.5 (Below 75)
Stop: 72.8; Below Demand zone
Target: 82; risk/reward=1:4

This is a trading school homework. I need few months to practice trading plan.
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.

2020年6月15日

交易進行

BuyToOpen Aug C77.5 Limit 2.73
Stop Below 73.
Also it will be stopped by time, if it could not go up this week.

2020年6月16日

交易進行

Sell Aug C82.5 Limit 1.55,
Hold C77.5/82.5 with Risk 1.18/3.82=1:3;
That is good now. risk is reduced, No stop needed.
Till now, it is a small winner.

2020年8月6日

交易結束：目標達成

closed