S&P500 - Yesterday long, today short

SP:SPX   S&P 500 Index
273 6 5
My long trade didn't work out yesterday, although it wasn't a mistake, every system fails. Yesterday the market fell down sharply and stopped me out, and after that I got short. I expect the market to correct to 1900 give or take in the first place, and maybe even more after that, with the interest rate rise coming. I hope the market wont go down directly, because I have long positions in European stocks. I didn't decide on my stop loss yet, either above 2000 or above 2020. The risk reward is not great at all, but it will do.
Closed this great position on 08.10.2014 on that very bullish day. What an exit!
jangseohee vlad.adrian
Yup, price starts to range...
Will Wong vlad.adrian
I am out of stocks for now and riding on a few short ETFs
What do you think of that big hammer?
sorry for answering so late, I think it is very bullish now and we will see a new high!
It happens to me too (though not this case) but i believe you are longing it for the risk-reward ratio?
What happen it DJIA up +300 end of trading day.. though i sound crazy.. it will be candlestick signal offset or negating opposite signals.. Cheers :-)
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