Superior Profit
CSX.

This railroads stock may be going down.

Fundamentally overvalued. The industry is weak. The chart is showing a Go With Flow trend following short setup as of 10 AM EST on today 18th Oct. CUE swing trade signal is confirmed at the close of the day. One might try to take precise low-risk entry using intraday pivots and CUE signals on the 5-minute chart.

CSX Chart 2018-10-18_10-14-41.jpg  CSX Edge 2018-10-18_10-16-07.jpg  CSX Vital 2018-10-18_10-15-50.jpg 
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Superior Profit
I have a practice of putting in a profit booking order at 100% when I am using simple options to take a position.

For CSX trend following short setup, which I analyzed and shared on the traders' forum three trading days ago, such an order was in place. I was busy with some festivities today. The GTC order was working. CSX opened lower, and I had exited my position (partial) at 100% profit. When I started my trading platform, the gain on the remaining position was 94%.

The trade was opened at point 1 on the chart below, three trading days ago. And at point 3 (today), the position was exited at 100% profit using put options.



CSX PnL 2018-10-23_12-15-05.jpg 
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