This is my first trade in the project 1000x. Both monthly and weekly views show that there is still place for the bears to push the price lower. We had a good red candle with bearish Stoch crossover at a key TL. Hidden divergence is in play, too. Thus, I risked somewhat $500 for this is my first trade in the series where I take the challenge of turning a grand into a million. In each trade, I will risk half of the capital I reserve for this project, finally reaching $1M with trades having at least 1:2 RR. For the details of the project, you may visit project1000x.blog.com.
Trade closed: stop reached:
If only I put my stop a dollar away!