Trading S&P 500 live

[Pat494]

TRADING LIVE
I hopefully will encourage some to put forward their trades and trading ideas and so learn from each other. i.e. filling in that empty space on the right
All welcome

 

[Pat494]

On the 5 minute chart it didn't make it up to the trendline - could be a sign of weakness

 

[Pat494]

Partly with regard to the Timeframe thread I am using basically the 1 hour, 15 minute and 5 minute time frames but feel free to use any system you like to achieve profits

 

[Pat494]

Currently the S&P is pretty flat and I am not in yet
It will almost certainly make a break out , but which way, and that is the time to pounce !

 

[Pat494]

The price line is getting very near the upper trendline
Maybe a breakout ?

 

[Pat494]

Methinks it could go either way. But It has bounced off the upper trendline and upper bollinger band

 

[Pat494]

Patience patience

I may not be too hot as a scalper but I do know traders need lots of patience - along with anglers

 

[Pat494]

Contact with the upper trendline

 

[Pat494]

I'm in at 1283 long

 

[Pat494]

I have a 2 pt stop but will exit if it closes below the 13 ma

It may yet fly tho

 

[Pat494]

Waiting to see if I can't slot in a trailing stop at b/e

 

[timsk]

Hi Pat,
Mind how you go today - you appear to be trading the old contract which might be a bit thin and choppy as it's roll-over day today.
Tim.

 

[Pat494]

If it gets 1 pt ahead I will put in the trailing stop ( and take the dog for a walk )

 

[Pat494]

Hi Pat,
Mind how you go today - you appear to be trading the old contract which might be a bit thin and choppy as it's roll-over day today.
Tim.

Thanks Tim

fingers crossed bud

 

[Pat494]

And out with a small loss - it doesn't seem to have much strength and is curling over

walkies

🙂

 

[Pat494]

Back again

The resistance line has turned into a support line - but is going south

 

[Pat494]

Bouncing down the new support line

 

[Pat494]

Gave a call for The 7th Cavalry but it seems they are otherwise occupied !

The S&P future at 1276 is below tho

 

[Pat494]

We have lift off !

In for a long at 1287

 

[Pat494]

Whack in a b/e stoploss

so can't lose