trutt79

A good price to short ES

Short
CME_MINI:ESU2017   E-mini S&P 500 Futures (Sep 2017)
From a pure risk to reward point of view, i could possibly wait for ES to rally back up to its previous structure (4HR)
to short at 2455, with a stop slightly above 2480. This gives us a good Risk to Reward of 1 : 1.17 if the market returns
to test support on 2430. It really depends on your risk appetite. You could wait until price rally into 2467, which would
give you a risk to reward of 1 : 1.47. The actual ratios depend on how big your stop and exit price is.

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