Stimulus Pop. . . SPY
Going out on a limb, and this is admittedly a tricky play . . . j
Tight Stop Losses and Quick Take Profits are going to be key.
Im targeting a price spike as shown by the red box, resultant of a successful vote in senate at noon. Im setting Stop Losses towards the bottom of the trend channel . .
I have a 'BulkHead' buy method in place, with more purchases setup as Buy Stop Orders if the price goes in my direction
A quick trigger finger to exit will be key.
Good Luck
Tight Stop Losses and Quick Take Profits are going to be key.
Im targeting a price spike as shown by the red box, resultant of a successful vote in senate at noon. Im setting Stop Losses towards the bottom of the trend channel . .
I have a 'BulkHead' buy method in place, with more purchases setup as Buy Stop Orders if the price goes in my direction
A quick trigger finger to exit will be key.
Good Luck
Trade closed: target reached
Had to hold overnight, which wasn't ideal, however, all is well that ends well. Target Reached.
Note
Slight adjustment though, i did actually lower my target box when we didnt reach yesterday. . . I don think anyone is following this trade, but, just in case.Note
Will Likely still break into the original target box anywayTrade closed: target reached
Hole in one
Give me a THUMBS UP / COMMENTS / FOLLOW ME!
-Will
-Will
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Give me a THUMBS UP / COMMENTS / FOLLOW ME!
-Will
-Will
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.