Posts Tagged 5 minute s&p chart

Trading the S&P

Trading the S&P

I saw an opportunity on the S&P, the price action had found a temporary base at just below 855 and the stochastics and MACD were indicating that a turn maybe on it's way. I am always a bit hesitant when trading the S&P as my stake size has a minimal size. However, when one sees an opportunity, a good trader needs to take it... so, being the best trader that I could be, I went for it and went long at 856 or nearabouts. My two winning trades on GBPUSD and GBPJPY means that I had profit

April 27, 2009 No Comments Full Story