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jaycoba

Long Set Ups For FED Announcement

Long
S&P 500 E-mini Futures (CME_MINI:ES1!)  
jaycoba  
CME_MINI:ES1!   S&P 500 E-mini Futures
Supply and Demand Support and Resistance Fundamental Analysis fed federalreserve S&P 500 E-Mini Futures S&P 500 (SPX500) futures futurestrading
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supplyanddemand supportandresistance fundamental fed federalreserve es1! spx500 futures futurestrading
If there is a drop in price from FED news today I will be looking to go long. Here are 2 sets ups I'm looking at. If we see a strong enough drop that leave a large profit zone to the upside and I will most likely hold the contracts for several days.

Entry 1: 3063.25
Stop: 3055.25
Target: 3127
Risk/Reward: 8/1

Entry 1: 3025
Stop: 3015
Target: 3127
Risk/Reward: 10.2/1
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