freddie1996

Copper Long

Long
freddie1996 Updated   
CAPITALCOM:COPPER   CFDs on Copper
5.3 Risk to Reward

Swing trade idea.

You may want to find some structural breaks on the lower time frame to get more refined entries and get a better risk to reward ratio.


This trade is probably a 2/5 probability idea, so still a positive expectancy. Just expect this to fail 60% of the time though.

Comment:
I think Copper has a good chance of going to 3.8 first.

Therefore you could get an even better RR trade if that happens - instead of 5RR you could get 11RR but of course there is the risk of Copper not reaching 3.8.
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