TradingView
PowerTrades
Dec 9, 2015 3:45 PM

Low Risk Short potential Short

S&P 500 index of US listed sharesFXCM

Description

This seems to be a great point to take a low risk shorts with stops above 2100 levels.a break down of 2050 can signal a good trade.

Comment

Shorts at 2078 stops above 2105

Comment

So far so Good, the low risk contrarian entry is doing fine. 2010-15 will be important to watch out. How is that level respected.

Trade closed: target reached

Time to close the shorts near 2005 range. I would expect markets to hold up 1990-2000 range before the FED event. overall a near 75 points trade with a 27 points risk.
More