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 1489.25. AND 1488.. Target 1494.25 Extended target is 1508.25
Stops @ 1515.5
OR
Sell/Short 1507.5 AND 1508.75.00 target 1503.5 Extended target is 1495.75
Stops @ 1510
Take which ever comes first!
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 1489.25. AND 1488.. Target 1494.25 Extended target is 1508.25
Stops @ 1515.5
OR
Sell/Short 1507.5 AND 1508.75.00 target 1503.5 Extended target is 1495.75
Stops @ 1510
Take which ever comes first!
Comments