Simple idea for the FTSE // 10R/R. Short

Description

⋅ Aug 12, 2016 6:18 PM

50% of Monthly block + trendline break & retracement, target 4750 stops. Risk/Reward ratio 10.

⋅ Dec 6, 2016 1:55 AM

Been quick lucky with my stoploss on this trade, still in this and plan in staying in it for a while.

Comments

VishalShah9

⋅ Sep 6, 2016 11:14 PM

What timeframe would you propose? And Since you posted, do you believe that the top is in place?

ZaleskFX

⋅ Sep 16, 2016 11:52 PM

Id enter bang on that 50% equilibrium regardless of timeframe, although smaller timeframes like 15m would give a better R/R whilst at the 50% line.