3rd December – S&P emini trading log – conflicting signals

I only made one trade today which was a buy at 147375 which was the support level. I targetted 147750 but got a bit spooked and sold out at 147650. However, if I had left it, it would have made the target.. eventually.

There was another time to buy when the market again hit the support level but I didn’t trade it.

Later on around 8pm, the market broke towards the downside. This was a fake breakout and it shot straight back up again… the only clue here was the positive divergence which formed on the stochastics on the 5 min charts.

Walked away with +11 today.

3rd December - S&P emini trading log - conflicting signals

(click to enlarge)

Did you like this? Share it:

Related posts:

  1. 12th September – S&P Emini trading log
  2. 2nd October – S&P emini futures, how to trade it!
  3. 10th September Emini trading – intraday reversal
  4. 14th November – S&P emini trading log – I’m still doing ok
  5. 5th October – S&P emini trading – fantastic opportunity (just not for me!)

Tags:

Category: Emini futures, Make Me Some Money Ideas, Trading