Short SPX500 around green zone

FX:SPX500   S&P 500 index of US listed shares
2610 27 48
Hi All, previous my short trade for SPX500             is not very good as it did not go to our final TP. We had no choice only can take a little pips.

Here is the new idea for shorting SPX500             in the green zone. Let's try again.

Someone asked me why I do not long SPX500? Acutally I did long it from 2036 which was my older idea. and it really gave me a lot of profits. Since current is so high, the risk to long is high also. I rather take short. And I believe the USA stock market has a big bubble today.
Comment: Have not touched yet
Comment: My platform highest hit 2120.98 but my lowest trade is 2121. Now is already around 2112 around 90 pips.My trade did not open and did not catch this opportunity. For those who can watch the price must have earned the profit. Congratulations! I feel happy for u
Comment: now it's 2111, for those as a full time trade, you have earned around 100 pips.
Comment: Now is 2104,around 170 pips
Comment: now is 2101.7, we reached our first 200 pips for this trade. :)
Comment: happy for all of you who followed this trade although most of people said it will rally rally again and disagree with me. I'm just lucky this time.
Comment: 2100 now.... drop cannot stop lol. 210 pips.
Comment: lowest hit 2096.4, around 250 pips earned. took minor profit ensure at least we earned sth from this trade
Comment: Lowest hit 2089.7 and shows a 4 h pin bar, u should take another minor profit and move SL to entry.
from 2121 to 2089.7, 313 pips earned. :)

Want to emphasis one thing, USA stock market bubble is coming soon. George Soros is coming back to market also and is going to short US stock market now.
Comment: 2088 just now,short from 2121, 330 pips.
Comment: Just hit 2070, from 2121, 510 ipis.
Comment: 2064 hit, from 2121, 570 pips.
Comment: can add more position from 2080 to 2083 to short if u want.
Comment: 2060, 860pips one isfrom 2121 one is from 2085 in another idea.
Comment: 2050 hit, two positions 1060 pips earned.
Follower Q missed Short From 2121 SPX500
Comment: Hey guys, any of u still in this idea? Just nicely hit my zone ceiling and drop from 2127 to 2056 in few hours. Technical analysis also can handle big event trading like brexit. Come and join the class then u will do the same. btw, I will review all symbols after brexit.
Comment: 2007now from 2127. May break 2000today lol
Comment: SPX500 2127 to 1990, 1370 pips. Take partial profit
Hi , can u tell what kind of harmonic pattern is this ? Doesn't look like cypher..
LeoYao fanatsystp
Hi It's not Cypher. It's more like to be a shark or 5.0 pattern.
+1 Reply
I see , thanks for the reply.
canway LeoYao
what is 5.0 pattern?
LeoYao canway
that one i will teach in my trading class also. if u r interested in, u can email to leoyaotrading@outlook.com or contact me
+1 Reply
LeoYao fanatsystp
One thing i want to clarify is, I will never trade only based on harmonic pattern. To me, it's more for illustration purpose to let people understand what I mean in a short time.
Hi Leo,

I think short at 2125 would be a good idea. I just took two losses (Stop Loss) so I think I need to be more careful. I like your ideas, it seems that you focus on Shares more than forex right?
LeoYao EricDelacrausaz
Hi Eric, actually I do both, sometimes also future and gold/silver. Once my students has questions, I will help on that if I'm free. I like stock. Actually, personal idea is if you have a lot of money, just go play stock, do not play forex or gold. LOL.
This afternoon, I was just thinking about Silver and doing a Long up to 17 as an initial TP. I missed Pro Jack initial entry on gold (I didn't have a live account yet) but as I was looking at Silver, it seems that it is starting to rally. I saw you chart on it.
LeoYao EricDelacrausaz
Hi Eric, I guess you also missed my idea on GOld and silver. I shorted from 1287 and longed from 1201 for gold, and I longed at the bottom of silver also. I know that you must have seen them. But no problem, opportunities are everywhere. Keep going. :)
Thank you and yes I missed a lot. Just got my live account but I need to watch it as I just took two losses. Your ideas and those that I follow help a lot but I still makes some mistakes. :( But I am not discouraged.....I just got started. As for Silver, are you still in it?
Oh yeah! what are the gains on Shares, is it just as the price goes up? If the share goes up $30. then the profit is 30 or is it also based on the lot?
LeoYao EricDelacrausaz
Hi Eric, I'm still in both silver and gold, but took partial profit already yesterday.
For shares, the profits are calculated in the difference value of money because I do not know how to translate to pips. If u buy 1000 lots on one stock at 10 dollar, then after it reached 20 dollars, you win 10000 dollars, of course, will deduct some commissions.
Maybe you can help to ask more of your friends to follow me? Appreciate it. :)
This shorting of S&P 500 has caught many by surprise with a short squeeze several times as many are anticipating it to drop 5-10%. but each time, it goes down a little, it shoot up again and again till the current price of 2118. I was thinking would shorting once more help to ease my ego that I am right that the market would fall or better to put the same money into other sectors that looks more promising to go south like financials? Like to hear your views. thanks
LeoYao dchua1969
Hi stock is easier manipulated by big players and if u have some money, it's better to put them into different markets to mitigate risk and share the risk. Like bond, options etc. Establish ur own financial portfolio will help u increase ur money faster
LeoYao kmollenkamp
Good u like it
SPX Rollover contract last night.
LeoYao novrain
Mine is not future, no difference to me
Many thanks for your reply, Leo. My broker told me about that (USA500, Based on ES). Which broker do you use?
LeoYao novrain
U can trade normal SPX500, not the future S&P 500. i use several broker. like ICmarkets, onefinancial markets etc.
Agreed! 2108 - 2116 range to short
LeoYao Lauramanci
i'm still following
LeoYao nheminism21
All this Brexit and volatility and still your chart worked a treat, I'm following you!!
+1 Reply
Good if u want to take my class and be my student, email to leoyaotrading@outlook.com
+1 Reply
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