Trading the Emini – disciplined and careful
I got home a bit late today. There were some shorting opportunities around the 143000 levels today, a triple top pattern.. however, I was not about to take advantage of these.
Anyway, I was quite patient today and entered a short on below the previous swing low at around 141875. I had just about opened my trading platform at this stage so couldnt put in an order to enter at below this level, when I had manually clicked sell, I had got in at 141800.
I aimed for the 141500 level at the first level and took profits at 141575. I got +10.
The market then turned up, stochastics moved up but I wasn’t sure about this and being cautious, I left it.