3rd December – S&P emini trading log – conflicting signals

I only made one trade today which was a buy at 147375 which was the support level. I targetted 147750 but got a bit spooked and sold out at 147650. However, if I had left it, it would have made the target.. eventually.

There was another time to buy when the market again hit the support level but I didn’t trade it.

Later on around 8pm, the market broke towards the downside. This was a fake breakout and it shot straight back up again… the only clue here was the positive divergence which formed on the stochastics on the 5 min charts.

Walked away with +11 today.

3rd December - S&P emini trading log - conflicting signals

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Category: Emini futures, Make Me Some Money Ideas, Trading


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