Skip to main content

Morning Trade

I'm trading the December contract of the S&P 500

We have what I term "a split open" so the morning trade can be a long or a short.I take which ever comes first.Please note "a split open" comes with extended targets so I generally carry a small position for the extended target.

Buy 1521 AND 1520. target 1530 Extended target is 1540
Stops @ 1518.5

Sell/Short 1525 and 1526 target 1515.75. Extended target is 1506
Stops @1527.5

Comments

Spoos Trader said…
I raise stops to 1535.5
Spoos Trader said…
I Raise Stops to 1537.5
Spoos Trader said…
Stops Triggered

Result +3pts from buy@1534.5
+4pts from buy@1433.5

Cya here tomorrow
Spoos Trader said…
I raise stops to 1522.5
Spoos Trader said…
1530 Target hit!! N.B Extended target 1540
Spoos Trader said…
ok looks like its time to throw the towel in on my extended target of 1540.I am flat @ 1527

+10 pts from buy1520
+6 pts from buy 1521

cyall in the morning maybe we can get that 1540 tomorrow