On my long term swing trading account, I will be placing a limit order sell right on the 2025 open at 43,275 and will be using a 1400 ticks stop. I will be using 2 micros and will risk $1400.
I am targeting the two equal lows for around 7000 ticks or $7000. This will be a potential 5 to 1 risk to reward.
I have drawn two candles that I would like to see happen.
Either the market will blow past my stop or continue the downtrend. I am willing to risk an amount to find out.
I am targeting the two equal lows for around 7000 ticks or $7000. This will be a potential 5 to 1 risk to reward.
I have drawn two candles that I would like to see happen.
Either the market will blow past my stop or continue the downtrend. I am willing to risk an amount to find out.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.