Condition: 1. Downtrend line was broken by breakaway Gap 2. Runaway Gap in Uptrend. It shows 40% in the trend.
Entry 11 Stop: 10 Target: 17; reward:risk=7:1
I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my past Runaway Gap trades, 70% reached the final 100% target. Plans reached final target: 1. ROKU 3/26/2020 2. ROKU 6/8/2020 3. GM 3/31/2020 4. MGM 3/31/2020 5. WYNN 4/2/2020 6. SQ 4/6/2020 7. ABT 5/15/2020
Plans did not reach final target: 1. PEP 6/9/2020 2. AAL 6/10/2020 3. BMY 6/8/2020
Trade active
Buy 2021 Apr C11 Limit 1.15 Stop 9
Trade active
Sell P13, limit 0.75, reduce risk; Hold C11/13 with cost 0.4
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