ESU7 Day trade idea.

S&p 500 Futures Index is always bullish.

This two hour chart tells us to try and buy any sorta dip around 2447-2450 level this week.

One contract shall due, or a demo. Futures trading is out of this young college students risk parameter.
The amount of money I could have made by feverishly buying the dip in the last 3 years has been astounding. I truly believe in my heart, no one should be trading anything other than the S&P 500 futures. They are the most predictable instrument I've ever seen.

There is no better place in the world then these great United States.

I simply cannot afford a flash crash scenario.
Same with Forex but my risk is much more contained and liquid.

Demo trade for now :(
Entry level 2445-2450
Stop level 2425-2430
Target level 2465-2470

Comment:

No trade yet. Price flashed down to the 2460 level, where it quickly rebounded.
Psychology was right, entry point was too conservative.
Never a bad day in my book. Will still be watching levels into next week.

Trade active:

entered

Comment:

Trade was entered after the market close for fear of the closing bell.
Keep in mind this is also a 2 hour chart, meaning you have to click the play button a couple times to get current price.

Trade closed manually