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CmdtyTrader
Nov 3, 2015 7:10 PM

Short LIVE CATTLE Futures Short

Live Cattle FuturesCME GLOBEX

Description

Consider Selling LE Futures @ 140 for a target 16 points below. Risk 6 to 8 points above for a risk/reward ratio of maximum 1:2

Trade active

Movement just started, not yet too late to get in.

Comment

This is a good place to buy back half of the position

Trade closed: target reached

Target has been reached a little bit earlier than expected,

Will be looking for a new entry point.
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