ESU2017 - Has Exhaustion Finally Set In
Earlier, I found a pattern with a 1:1 risk/reward ratio on the long side.
You can search for it if you like, just don't forget to rub some salt in those open wounds.
Trade what you see; that's my motto. I went long, only to be stopped out.
Ya pays yer money, and ya takes yer chances. Them's the breaks.
But the lesser charts reveal a slow grind to the upside on almost no volume.
A quick short with 1:1 risk/reward ratio might just be in the cards. Stop-loss ~2469. Target ~2455.
For the more adventurous and those eager to eat sirloin, the 1:3 trade looks promising. Stop-loss ~2469. Target ~2442 - which places us at prior low and support created on August 30th at the open. That was the same day Trump tweeted about talking to North Korea is "not the answer".
We'll see how the futures hold up to another H-Bomb test.
You can search for it if you like, just don't forget to rub some salt in those open wounds.
Trade what you see; that's my motto. I went long, only to be stopped out.
Ya pays yer money, and ya takes yer chances. Them's the breaks.
But the lesser charts reveal a slow grind to the upside on almost no volume.
A quick short with 1:1 risk/reward ratio might just be in the cards. Stop-loss ~2469. Target ~2455.
For the more adventurous and those eager to eat sirloin, the 1:3 trade looks promising. Stop-loss ~2469. Target ~2442 - which places us at prior low and support created on August 30th at the open. That was the same day Trump tweeted about talking to North Korea is "not the answer".
We'll see how the futures hold up to another H-Bomb test.
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