Le_Chiffre_
Short

Short CAC40 Risk Reward 1 for 7

FX:FRA40   CAC 40 Index of French Listed Shares
49 1 2
Hi guys, if you plan to short the stock market, the French Index is the one as it is underperforming in comparaison to its peers( (due to a massive exposure to Oil             companies). Last week, the Index failed on the 4300 level. My idea is to enter short at 4280 with a 50 points stop Loss. The first target is the last low at 3930 ( risk reward 1 for 7) and the second target is 3800. The last low before last ( Risk Reward 1 for 9.6). I Hope to be filled Monday morning
Filled at 4370 stop 60 pips
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