, but risk/reward is just too low. the 20ma is at 12700+- so if your strictly playing the futures your risking 400 pts to gain 500pts. I will start building a modest short position in the es above 1505, target is a test of the 20ma.
risk/reward on the long side?
Started by
S.I.M.O.N.
, Apr 26 2007 01:20 PM
1 reply to this topic
#1
S.I.M.O.N.
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- Traders-Talk User
- 802 posts
SIMONForecast
Posted 26 April 2007 - 01:20 PM
Personally i would love to see the dow make like the energizer bunny to 13600 and see a certain someone eat loads of crow. , but risk/reward is just too low. the 20ma is at 12700+- so if your strictly playing the futures your risking 400 pts to gain 500pts. I will start building a modest short position in the es above 1505, target is a test of the 20ma.
, but risk/reward is just too low. the 20ma is at 12700+- so if your strictly playing the futures your risking 400 pts to gain 500pts. I will start building a modest short position in the es above 1505, target is a test of the 20ma.
*previously known as pnfwave
#2
Tor
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- Traders-Talk User
- 7,647 posts
Member
Posted 26 April 2007 - 03:44 PM
You are not alone. I found this and it amazed me.
The trend appears to be up for now by the looks of things. I got caught out on my shorts but live for another day
http://www.traders-t...showtopic=69519
The trend appears to be up for now by the looks of things. I got caught out on my shorts but live for another day
http://www.traders-t...showtopic=69519
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
