PG Long, Using EMA144 and SMA50 as support
I combined my two scrips: Buy in long term uptrend and Draw SMA50 swing
I found EMA144 also good to be used in 60M chart to verify trend direction.
Condition:
Weekly chat: V Pattern,
60M:
1.Double Bottom
2.SMA50 Cross Over EMA144
3.Demand zone is confirmed
4.Trend line Break (TLB1)
Earning date: 7/17/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 117
Stop: 114.5; when Below EMA144
Target: 125; risk/reward=1:3
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.
I found EMA144 also good to be used in 60M chart to verify trend direction.
Condition:
Weekly chat: V Pattern,
60M:
1.Double Bottom
2.SMA50 Cross Over EMA144
3.Demand zone is confirmed
4.Trend line Break (TLB1)
Earning date: 7/17/2020 7:00 AM ET -- Earning will not affect this plan.
Entry: 117
Stop: 114.5; when Below EMA144
Target: 125; risk/reward=1:3
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.
交易進行:
Buy OCT 125 call limit 2.83;
Option Stop 114;
Option Stop 114;
交易結束：目標達成:
Close Limit 4.02
This is a small winner.
This is a small winner.
