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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
September 24, 2007 at 10:57 AM
Spoos Trader said…
I Raise Stops to 1537.5
September 24, 2007 at 11:28 AM
Spoos Trader said…
Stops Triggered

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

Cya here tomorrow
September 24, 2007 at 12:56 PM
Spoos Trader said…
I raise stops to 1522.5
September 25, 2007 at 10:38 AM
Spoos Trader said…
1530 Target hit!! N.B Extended target 1540
September 25, 2007 at 11:24 AM
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
September 25, 2007 at 3:43 PM
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