XOP Long, Using "MM_SMA_Swing" to find trading opportunity

Add "MM_SMA_Swing" with input: Show SMA(50), Div (2.5%)
Drew trend lines, Verify the price action:
1. Wedge breakout to up side,
2. Pull back to re-test the trend line
Entry: 51
Stop: 49; when trend line break
Target: 57; 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.
Drew trend lines, Verify the price action:
1. Wedge breakout to up side,
2. Pull back to re-test the trend line
Entry: 51
Stop: 49; when trend line break
Target: 57; 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.
Trade attivo
SellToOpen Jun 45 Put, limit 0.67; (delta = -0.15, Theta= -0.04, 21 days left, today is Friday)
Option Stop below 48.
From now on, I will begin to use my drawing tools in trading plan.
Even though, These studies show high winning ratio in back testing mathematically. I don't trust it yet.
I need to use them in real trade, to improve my skills as these studies designed.
In this trade, I sold the put far below the stop. I just want to test how it works.
Trade chiuso manualmente
Closed P45, limit 0.38, Quick and win 40% ( 0.29/0.67)Just to prove concept.
Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.