harryexe

Shorting divergence on SPX500

Short
harryexe Updated   
OANDA:SPX500USD   S&P 500 Index
Missed the breakout from the neckline from one of my previous trading ideas. Reentered at the 61.8% retracement. Stop loss will be previous high
Trade active:
Just got filled in on the short in it's retracement. Let's see how this goes. It's one of the lower risk:ratio trade I have taken so far but is something I've recently learnt.
Trade closed manually:
It seems to be finding buyers at 2130 and I close it the second time it was tested. It's very close to target anyways. It was about 1:1.4 risk:reward, as such with a 2% risk, that's a 2.8% reward!
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