XHB to Long, from 25 to 30Existing Condition:
1. 11/15/2012 Daily demand zone confirmed
2. 60 Min Double bottom.
Buy : 25
Stop: 23.8
target: 30;
Risk/reward=1:4
If a Gap Up (See G1) breaks the down trend line, it will Confirm reversal in High probability.
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 Sep 25 Call, limit 3.65.
If I am right, I will Sell C30 limit 3.65; So, Get a C25/30 long position for free.
If stop: lose about 0.80.
Sum of my ideas: 1 winner, 1 loser, 4 active, 7 cancelled, 3 pending for condition, 1 analysis only.
