XLF to Long, in Uptrend , Triangle consolidation
Condition:
1. Downtrend line was broken by breakaway Gap (G1).
Start a new trend.
2. Weekly demand zone confirmed. (07/01/2016)
3. Triangle consolidation, near the uptrend line.
Entry in side Triangle: below 21;
or buy at next open if Gap breaks the Triangle downtrend line (G2)
Stop: 20.5
Target1: 24; risk/reward=1:6
Target2: 25; risk/reward=1:8
This is a trading school homework. I need 6 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.
1. Downtrend line was broken by breakaway Gap (G1).
Start a new trend.
2. Weekly demand zone confirmed. (07/01/2016)
3. Triangle consolidation, near the uptrend line.
Entry in side Triangle: below 21;
or buy at next open if Gap breaks the Triangle downtrend line (G2)
Stop: 20.5
Target1: 24; risk/reward=1:6
Target2: 25; risk/reward=1:8
This is a trading school homework. I need 6 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:
In my real trade, I bought FAZ Jun P26, limit 2.8; No stop.
FAZ is (-3x) of XLF. FAZ is 37 now.
If XLF will go up 20%, FAZ will go down 60% to be under 15.
If there is a Gap(G2) up, prepare to sell P21 limit 2.8. Remove the risk.
FAZ is (-3x) of XLF. FAZ is 37 now.
If XLF will go up 20%, FAZ will go down 60% to be under 15.
If there is a Gap(G2) up, prepare to sell P21 limit 2.8. Remove the risk.
交易進行:
One more order filled: FAZ Jun P23, limit 1.71
交易結束：目標達成:
This is a big winner