9004. Bfly@ZeroDTE Strategy@44400

2023년 10월 4일

Reason for Bfly @44400 with 200 pts wing

a) Golden ratio of retracement zone
b) If price gap down below 44100, invalidates our strategy and at 10.30AM re-analyze for situation. if price appears 44300 without big gap down at 10.30 AM, the set up will be ready for execution. Again the probability is around 55 %, but good risk reward zone of 2R.
b) The idea of having the bfly, once price reaches to 44179 is to capture retracement, if price retrace to 44300 and is the probable area of expiry.
c) bear flag set up: Wait for completion of sell-off.
d) Sl is in-build and risk not more than 1% of total capital.

2023년 10월 4일

코멘트

1% gap down, this invalidate the set up. fall should not be more than 1% for retracement and also broken major support level.
No entry
Entry not triggered.

2023년 10월 4일

액티브 트레이드

creation of 44000 ce with 100 pt wing as ODTE trade

2023년 10월 4일

코멘트

risk of 200 per lot..

2023년 10월 4일

코멘트

reason for execution and expiry at 44000 is because of big round number attraction at 2.00 PM just before expiry

2023년 10월 4일

코멘트

First target ... first lot can be squared off...
for 2nd lot it is risk free..

2023년 10월 4일

거래청산: 타겟 닿음

2nd target done
1: 2 done