5th December – S&P emini trading log – small profit
I came back home to find that the market had already moved quite a bit into positive territory when I got home. Ideally, one would look to buy at any dip. Anyway, in the 5 min charts, there was an opportunity to short the market here, the price action looked like it had made a short term high and stochastics were looking to turn. I shorted as it moved below 148500 at 148475. As I was trading against the main trend of the day, I was extra cautious and want to get out at the first level which I