If you fail to plan, Plan to fail
S&P500 and EUR/USD 1 reply
Will-spread index and S&P500 4 replies
E-mini S&P500 futures - buy underlying & put option 14 replies
What is the equivent of one Tick in the S&P500 6 replies
S&P500 (mini) 6 replies
DislikedLong trade is now active on this level with first position open. {image}Ignored
Disliked{quote} A sell off ran from 3092 down to the current price of 3082 and is now close to the bottom of the current channel, marked on my chart. {image} I had 2 short positions open on this, one of which I just closed at 3082 and the other I have left open. {image} Possible further weakness down to 3073 - 63 if the current channel is broken, however a further move down could easily fizzle out as buyers enter at discounted prices. {image}Ignored
Disliked{quote} Second channel broke and at crucial pullback. Will prices breakdown further from here to see a small pullback in the SPX, possibly. {image} The daily looks like it could rollover from here {image}Ignored
DislikedThe newest and highest resistance level at 3098 highlighted previously has seen sellers coming in and forcing price down on 3 occasions. On the last two moves down price bounced off the freshest support level at 3089. SPX is now consolidating, I am waiting now until this is resolved. {image}Ignored
Disliked{quote} Hi vincentprice . your SR levels looks little different from mine, would you like to share where do you get your SR levels ? I live in Boston MA and I use mt4 , broker is fxchoice. I also want to have one US broker. I am working on it. btw, who do you think is a better broker in USA ? thank you very much and have a great rest of your day. RayIgnored
Disliked{quote} Hello Vincent, Thank you very much brother for the Link , it is of great help to me, I am very new to stock trading and still learning, once again thank you very much and have a great day,Ignored