ZaleskFX

Simple idea for the FTSE // 10R/R.

Short
INDEX:FTSE   None
108 views
2
50% of Monthly block + trendline break & retracement, target 4750 stops. Risk/Reward ratio 10.
Trade active: Been quick lucky with my stoploss on this trade, still in this and plan in staying in it for a while.

Comments

What timeframe would you propose? And Since you posted, do you believe that the top is in place?
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ZaleskFX VishalShah9
Id enter bang on that 50% equilibrium regardless of timeframe, although smaller timeframes like 15m would give a better R/R whilst at the 50% line.
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