This pattern just completed in real-time (this chart is 10 mins delayed) with nice high volume bearish pinbar on the 1 minute chart at the entry. After seeing that took an entry at 2397.50. I will look to move stops to breakeven when up a few pips
交易進行
手動結束交易:
Stopped out @ 2397.25...watching for new entry at 2398 based on the last 1 minute candle that just spiked above it and back down
交易進行:
Just got back in @ 2398.50 ...this is one of the reasons why I think the strategy of moving stops up very quickly can be beneficial
To be sure I have missed at least one great trade and I'm sure will miss many more...but it protects my account and has much more often given me a better entry price so...sticking with it for now!
To be sure I have missed at least one great trade and I'm sure will miss many more...but it protects my account and has much more often given me a better entry price so...sticking with it for now!
評論:
Have been up as much as 13 pips...time to move back to cover costs -- this time @ 2398.25
評論:
Limit order placed for 2400...hoping it gets there one more time
Limit order placed for 2400...hoping it gets there one more time
交易結束：達到停損點:
The idea has been invalidated...looks like SPX will continue to rally. I will consider adding on dips for target 2450, and watch for new developments at that level.
Current price is 2396 (remember chart is delayed)...I have been up as much as 9 pips and think this is a good time to move stops to cover the costs of the trade (so 2397.25) and look to let it run.
If I am stopped out I will continue to watch and choose whether and where to re-enter.