This bull spread has a good setup for entry. There is a good seasonality for the spread and the price is on extreme level. The usual difference betwen November-December contract months is about -0.2, so there is a huge potential. The actual price is -0.480 and SL is below the recent low -0.507.That is only 270$ risk, but very conservative PT could be -0.3, which means about 1800$. On this market 0.001=10$
Trade closed: stop reached:
Market reached SL and i am out of the trade.
Comment:
The market reached my SL and then turn up sharply.