I have a limit to exit in at 205.44
Stop now at 206.28
Just entered short @ 205.9 with a $0.50 stop
I will give the market around 5-10 minutes before shorting providing conditions remain the same.
We have opened this morning very bearish and i am contemplating a short but will wait for the market to trade higher into the gap first.
Wow might have got out of that trade a little to early but then again no plan can account for exogenous events like we just had now. I am 1.5 bars...
That was a nice quick $0.50 for the first "real time" trade call of this journal :-)
I now have taken full position off @ 206.37
I now have a stop in at 206.07
Will target 206.37 as this is counter trend but will monitor as it progresses.
Taking a quick long here @ 205.87
I am now out of the position from yesterday. We may make new lows with this negative sentiment but I doubt it and am calling this move as done....
I actually had a short setup yesterday from 206.76 on SPY but with the intent of this thread to be "real time" trade calls I never wanted to...
Just wanted to add I am short term bearish on SPY but today I also noted some interesting divergence on higher timeframes that my be setting up...
In flavour of the following thread; http://www.elitetrader.com/et/index.php?threads/how-to-bud-fox-a-bsd-trader.267029/ I have decided to follow...
Very nice trade if you managed to hold through the swings. Heres an old post but tops that trade of nicely. Who's next for the cross hairs :-)...
Thanks for the reply. I have more than enough to start with and the margin requirements on ES are of know concern compared to account size. What...
Thanks Loyek thats something worth thinking about.
Yes that's it I could up my account size but then this also means using a greater percentage of my net worth which I would prefer not to.
Ok guys thanks for the posts. Just to clarify I know there are lots of equivalents but how would I go about transferring my strategy from SPY to...
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