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Breakaway

USB to Long, V pattern formedExisting Condition: 1. in 60 min, down trendline break by breakaway Gap (G1) 2. Formed V reversal pattern Entry at demand zone: 33 Stop below this zone: 30 Target1: 38; risk/reward=1:1.5 Target2: 46, risk/reward=1:4 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. In my real trade, I use options. I bought Jun C35 Call, limit 2.4; stop lost about 1.00. Sum of my ideas: 5 active, 7 winner, 1 loser, 0 pending for condition; 4 analysis only, 8 cancelled;
NYSE:USBLong
by PlanTradePlanMM
ABBV to Long, from 67 to 81ABBV to Long, from 67 to 81 Existing Condition: 1. 08/16/2019 Weekly demand zone confirmed 2. in 60 min, down trendline break by breakaway Gap (G1) 3. Re-test the Gap, Gap filled. Entry below 67 Stop: 62.5 Target1: 81; Risk:reward=1:3 Target2: 88; Risk:reward=1:4 If G2 (runway Gap up) breaks the 2nd down trend line. That is a measuring (40-50%) of the trend. That is another entry point. 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. In my real trade, I use options. I bought Jun 80 Call, limit 1.46. If stop: lose about 1.00. Sum of my ideas: 5 active, 4 winner, 1 loser, 0 pending for condition; 4 analysis only, 8 cancelled;
NYSE:ABBVLong
by PlanTradePlanMM
FXI prepare to Long, buy after re-test breakaway GapExisting Condition: demand Zone had been confirmed. G1: breakaway Gap broke previous downtrend. Pending Condition: Re-test breakaway Gap, After Gap fill, it should not go lower. Confirmation entry: If it goes lower after the Gap fill, do not buy. Buy Above 34.5 and below 34.85 Stop: 34 Target: 37.5 Risk/reward=1:3 Advanced Option Plan: YANG (Direxion Daily China Bear 3x Shares ETF NYSEARCA: YANG) If FXi will go up 8%, YANG will go down 24%; Buy YANG Put in long term. The problem is this 3x kind ETF options are very expensive, you must have the experiences to trade and lock profit at the right time. They are not good to be traded most of the time. Currently, Some brokers do not allow open trade this kind 3x options, they only allow close trade. 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. In real trade, I use options. Using Option allows me to set my stop behind next fresh demand/supply zone, to avoid being stopped at the same price as other stock traders. Sum of my ideas: 1 winner, 1 loser, 1 active, 7 cancelled, 3 pending for condition, 1 analysis only.
AMEX:FXILong
by PlanTradePlanMM
LTC massive inverse H and S BLUE SKIES IN SIGHTNever been a fan of LTC. One of the only btc clone coins, ahem, "1st generation" cryptos that succeeded past the mt box crash. LTC could've been in the same box as Quark in my eyes. Charlie still talks about script mining like that matters anymore. Oh, the code was tweaked to be mined 4x as fast? Hold on to your genius slippers, guys, lest your socks get knocked off! Sorry. My disbelief that LTC is still relevant notwithstanding, LTCBTC has one of the sexier charts right now. Finally broke the .02 btc resistance, and wouldn't you know, we have a MASSIVE inverse head and shoulders playing out. This is completely contingent on btc not shitting the bed in the upcoming months, as that will drag LTC down. So what happens when LTC gets blue sky breakout? Imagine if Charlie Lee has to come out on twitter to announce he's back in. The FOMO... After the flipping, the cushioning, the rippling, all that nonsense about who was going to take over btc...and it ended up being fucking LTC? Ugh I'd be so pissed. I wouldn't care so much if I bought after the inverse head and shoulders broke .02 btc.
Long
by whoisthelorax
Air France-KLM takes offLast thursday AFP reported earnings for Q4 2016. The market took it well and the chart shows a breakaway gap on high volume (not visible in chart as this is volume data from ChiX, not Euronext where most trading takes place). The breakaway followed a higher bottom at 4.80, which is also a bullish sign. I entered a long position after open on friday with a stop at 5.70. A close below 5.70 would be considered a false move. First goal is to break the declining resistance line.
EURONEXT:AFLong
by Spijk