WendelinProbst

Cable Short Bats: Double Chance at Market

Short
FX:GBPUSD   British Pound / U.S. Dollar
I am short Cable with the smaller Bat, but placed my stop above X of the bigger Bat. So I have twice the chance of a profit, but of course also twice the risk. but as the Stop of the first one would be in the trigger area of the second one I play it like this. First Target .382, second target .618

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.