Looking for a 5th Wave Short on MES, Small Risk using these Micro Futures Contracts. So a Risk of less than $200 using 3 Micro Emini MES Contracts for this potential Short.
Very Conservative entry, below recent pivot rejection - giving a 1:1 Risk to Reward to our Automated 5th Wave Target around 2952.
Again, if the Stop for the order is taken out, then cancel the trade
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Short Trade Entered 9.34am European time
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11am European time, We Trade is going well and now we have two 30min candles close below entry so now adjust stop to Breakeven, making the trade Risk free
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Just Broke through Yesterday's Low , this may be a decision point for traders to buy or even algo's to buy
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As soon as gold started to drop we flattened trade and took profits. We will now look out our BITS indicator if this move up on MES finds resistance
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