$XOP - Considering Going Short

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In w/ Back Ratio Spread on this.

What do I have to lose. If It moves to retest $40. I will make $$$, If it goes ape **** and runs away to $60 I will keep the tiny $ credit from the spread.

As long as it doesnt chop in a range. I make $, whether it is $ or $$$$ is a waiting game.

١٤ مايو ٢٠٢٠

ملاحظة

If you havent gotten in with a Back Ratio, Here is an intraday trade setting up. Wait for the 15 min candle to form. And then, Watch for an entry based on your timeframe entry.

١٤ مايو ٢٠٢٠

ملاحظة

Infact two of my Pullback Strategies Setting up

٢٧ مايو ٢٠٢٠

ملاحظة

Will be looking for a Roll on this position. The Valley of Loss is deepening as I am getting closer to expiration. Its better to roll with a breakeven or tiny loss, just my decision.

٤ يونيو ٢٠٢٠

ملاحظة

If you did the backspread - Exit now. You should not be losing $$1..... Mine is about to expire this week. No need to expose to the Risk Valley, even if it is one day.