Short spoos on a fake break of the highs

FX:SPX500   S&P 500 Index
202 5 6
Looking for the stops to get taken at 2164
Comment: Stop moved down to 2176
Comment: Trade closed due to the low R:R with a profit of 1.25R
An almost perfect trade.. Good Job mate!
+1 Reply
sp500 makes me laugh. but market is always right.
Gustav.Mejlvang watsonzou26
Yea me too! However, we are still in a trading range and I think you could do worse than fading breakouts. especially to the upside after this violent move.. With that being said, I am going to close out early if we get a close above 2176.
watsonzou26 Gustav.Mejlvang
Double top currently after broke out triangle upper line, as long as sp500 does not close above 2176, keep shorts until down to 2100-2110. That might be a good trading.
Gustav.Mejlvang watsonzou26
Lol. Not looking for that big a target. Maximum to the other side of the range at 2155. I never go for such big targets..
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