Skip to main content

Morning Trade

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

BUY 1551 AND 1549.25 .Target 1554.5


Stops @ 1548.25

Comments

Spoos Trader said…
Stops hit! I will reenter the trade with buy stops

BUY 1551 AND 1549.25 .Target 1554.5


Stops @ 1548.25
October 3, 2007 at 10:04 AM
Spoos Trader said…
1554.5 Target hit

Net

+4.25.00 pt from buy @1549.25(because of earlier stop out 5.25pt-1pt)

+.75pt from buy @1551 (because of earlier stop out +3.5pt-2.75pt)
October 3, 2007 at 12:28 PM
Post a Comment

Popular posts from this blog

Morning Trade

I'm trading the December contract of the S&P 500. Buy 1539.5 AND 1538.5. Target 1551 Extended Target 1554.(Please note 1554 is a high probability today .According to my model it was expected yesterday so plus or minus one day is close enough for government work.) Stops @ 1537.00
3 comments
Read more

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 1535 AND 1534. Target 1541 Extended target is 1544 (Please note 1554 is a high probability today .According to my model its expected tomorrow so plus or minus one day is close enough for government work.) Stops @ 1552.75 OR Sell/Short 1544 AND 1545 target 1544.75. Extended target is 1528 Stops @1547.25 Take which ever comes first!
3 comments
Read more