Why did my Gravity Zone call close?
Quick answerA call ends at the Aggressive Target, on a daily close back through its stop (the gravity line before Target 1, then the entry, then Target 1 once Target 2 is hit), or at the close of its option Friday, the first Friday at least 30 days after the entry.
The details
The ways out
- Aggressive Target hit: the last quarter comes off. Half went at Target 1 and a quarter at Target 2.
- Stopped before Target 1: a daily candle closed under the gravity line. A wick under it does not count.
- After Target 1: the stop sits at the entry, so the rest closes flat at worst.
- After Target 2: the stop sits at Target 1.
- The option Friday: still open on the first Friday at least 30 days after the entry, it closes at that day's close (the option Friday).
Each ending is in the record with its result in % of the entry (the record).
Did this answer your question?
Talk to Micheal and the teamMembers: sign in and open Support, and Micheal and the team answer by email. Not a member yet? Email support@findbettertrades.com.