Long

ONT retracement buy plan--rev 01

Updated

Okay, here's my ONT purchase plan. I'm using numbers close to fib 0.5; 0.59 (midpoint between) and 0.618 to buy in increments of 2/7; 2/7; 3/7.
This is a variant of Pygoz' 1/7; 2/7; 4/7 (for 0.5; 0.618; and 0.786)

Note

This is a variant of Pygoz' 1/7; 2/7; 4/7 (for 0.5; 0.618; and 0.786)

Trade closed: target reached

Hi Guys, the plan essentially worked. It's the first time I actually wrote a plan and executed it. I saw some random sales pitch video that said that the vast majority of us don't bother to have a plan.

I am primarily learning from Pygoz, but others have been helping me. Today Kristijan and Pygoz gave me some guidance. I've still got a lot to learn, but it's good to have at least 1/2 the plan work. Now, I have to have a plan to sell if/when it goes up. Thank you!!!

Note

It might still go down to the 0.786 fib; in retrospect it may have been better to stick with Pygoz' general advice of 1/7 (of my tether) @ 0.5 fib; 2/7 @ 0.618; and 4/7 @ 0.786, depending on whether we retrace 78.6%. Thanks & blessings!

james_hafford

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