Long SPX500
It looks yesterday's action was a massive fakeout. It is trading where it should not retrace to, so taking a long side on this retracement.
Trade closed manually
Exit with 8 tick profits - not enough momentum to move it upNote
Re-entry-- we may shoot up higherTrade active
Stops moved to 2824 to lock in profits if it decides to retraceTrade active
We are not greedy and taking 1/2 position profits on this abnormal riseTrade closed manually
Closing manually as it looks as a crazy stop run - the move is too violent. However we have earned Amazing profits!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.