kylespangladesh

UPRO Long Swing- Are we heading back up

Long
AMEX:UPRO   ProShares UltraPro S&P 500
Entered swing trade on UPRO today:

UY signal for UPRO last Friday, with a nice dip intraday to provide a buying opportunity. Weak closed but finished with a BUY sign.

SELL on first red heiken ashi candle.

TP1 @ 3%/$88.31 (25% of position)
TP2 @ 5%/$90.23 (25% of position)
TP3 @ 7%/$91.95 (25% of position)

Strategy Statistics from backtest since UPRO conception (no take profits)
Win%: 56.7%
Avg Win: 4.79%
Avg Loss: 3.16%
R:R: 1.52

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