The parabolic short setup is might be the most profitable swing trade setup in my arsenal, but it can crush your account if you do not know how to trade it. Don’t worry, I’m going to talk you through exactly how to make killer profits trading this aggressive setup.
In today’s video, I go over today’s winning parabolic short trade FCX.
This is an interesting trade because I was long the stock, rode it up off the bottom breakout, took profits and reversed it and went short as it went parabolic. We are basically milking this stock for every drop it gives us.
I also go over 3 other parabolic shorts that I am curently trading.
Now that you’ve watched this video, review the parabolic short setup with this winning trade.
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