Emini S&P – profitable again today
Two trades today. I shorted at 146925 as I saw the stochastics cross. However, I was a bit conscious that the market was so bullish today and any countertrend would be short lived. I took a measly 3 points. The next trade was a buy as the price action bounced off the 5 day EMA line. All day it had been above this line. I got in at 146850 with an initial target of 147100. However, when the market got to 147000, I took profit after seeing a heap of sell orders above this level. As soon as I