On my long term swing trading account, I will be placing a limit order sell right on the 2025 open at 43,275 and will be using a 1400 ticks stop. I will be using 2 micros and will risk $1400.
I am targeting the two equal lows for around 7000 ticks or $7000. This will be a potential 5 to 1 risk to reward.
I have drawn two candles that I would like to see happen.
Either the market will blow past my stop or continue the downtrend. I am willing to risk an amount to find out.
I am targeting the two equal lows for around 7000 ticks or $7000. This will be a potential 5 to 1 risk to reward.
I have drawn two candles that I would like to see happen.
Either the market will blow past my stop or continue the downtrend. I am willing to risk an amount to find out.
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