Play an ETH dip with futures

If the 4-hour Ether futures chart puts in a red candle next, we'd consider selling current-month contracts with a price target of USD 1870 and stop loss of 2850. CME margin for the micro Ether futs is under 100 per contract, so with even a modestly sized account you could sell multiple contracts and take profits all the way down.

Kommentera:

20220202@0700Z: Contract sold at 2772. Stay tuned...

Trade stängt manuellt:

20220204@0818Z: Stop of 2850 hit and contract closed for a loss of USD 7.80 on 94 margin.