F_ES Short Setup. 1:8 Risk to reward

Dec 9, 2019

I know this sounds crazy. 1:8 Risk to reward? Winning probability of this trade is less than 25% maybe less. However x8 sounds crazy and i would like to take this trade. I have shorted 4 micro contracts.i will update this this post accordingly.

Disclaimer: This is not financial or investment advice

Trade safe

Atilla Yurtseven

Dec 9, 2019

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Here are some key points

Dec 9, 2019

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Here's the market movement in 5m chart

Dec 9, 2019

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Top of the trend still holds the price but didn't get rapid rejection.

Dec 9, 2019

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So far so good

Dec 9, 2019

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All we need is break of blue diagonal support

Dec 9, 2019

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Here we go

Dec 9, 2019

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Market moves down as predicted. No covering here. It's too early.

Dec 10, 2019

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I'm going to cover my half position at 3128 so i will be in a free trade.

Dec 12, 2019

Trade closed: stop reached

Trade closed with 20 pts profit. I have covered half of my position as stated above and moved my stop. Still a profitable one.