Premarket plan: After $AAPL reached and rejected the $181.00 key level, with a strong resistance, and following the major time frames -4H, 1H & 30m-, apparently $AAPL is about to change the major trend from bullish to bearish. I can see a rally to the $179.50/$180.00 key levels, that's where I'd take my entry with a put option, with a stop-loss at the $180.00 level breakout, and a take-profit at the $178.00 key level.
R:R Ratio: 3:1
Stop-loss: 180.50 (Non-taken)
Entry level: $179.80
Take profit level: -27.0% Fibonacci level -$178.86-
Second entry: Daily open price -$179.33- breakdown
Trail-stop: $179.50 (Non-taken)
Plan respected? Yes.
What did I do different from my premarket plan? Nothing.
If I did not followed my plan, what could've or should've I done differently on this trade? Nothing.
Comments: Definitely this new strategy only depends on patience and good entries. I just need to have more patience to take better entries, and I think I got it.
Execution detail:
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