Fellow traders, Please take a look at the enclosed chart. Lets say we are short 1 contract on 38 (line 1), stop is 4 ticks What is the target going to be and why: Target line 2 at 31 for a potential profit of 7 ticks Target line 3 at 22 for a potential profit of 16 ticks What factors would you weigh in the selection of the target, any ideas about the relationship between the probability of hitting target line 2 or 3. The goal is to maximize EV / profit, not hitratio. I look forward to reading your opinions.....