WEAT - Massive double top short opportunity using wheat etf

17 Haz 2022

Double top
Volume profile showing a lot of supply
Seasonal data favors downside until mid September

Plan your trades before executing the trade. How much are you willing to bet? Where will you get out? How will you lock in profits?

Risk: 60 bps
Profit Protection: 3-Day Trailing Stop Rule (Peter Brandt)

You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas

23 Haz 2022

Not

Initiate profit protection and break-even point. You can use...
1: Mark Minervini's back stop technique (not a trailing stop)
2: Peter Brandt's 3 day trailing stop technique
3: Your own

2 Tem 2022

İşlem aktif

Target met.
Closed out 50%.
Initiate Peter Brandt's 3 day trailing stop on the remainder of position, which is now a free roll.