Nshan
Long

SPX500 HEADING TO THE HIGHS

FX:SPX500   S&P 500 Index
241 0 5
SINCE SPX500             BROKE THE HIGHER HIGH, IT WILL RETEST THE SUPPORT AND FLY AGAIN !!
1st IT LOOKED LIKE A FAKE BREAKOUT BUT NOW IT SEEMS THE BULLS ARE CONTROLLING ALL OVER.
-2194 IS A GOOD PLACE TO SHORT
-2112 IS A GOOD PLACE TO LONG
SL's SHOULD BE TIGHT !!
I THINK THE CHART IS CLEAR ENOUGH.
GOOD LUCK ! WE NEED TO LIKE AND SHARE THIS IDEA SO WE CAN GET ANOTHER IDEA'S MAYBE EVEN BETTER AND HELP EACH OTHER! CHEERS
Comment: DID SOMEONE ENTER THIS TRADE?
IT BROKE THE TREND LINE AND WE SEE A PULL BACK HERE .
ANOTHER SHORT POSITION IS ON THE WAY AT THE 61.8%
MOVE YOUR SL TO THE ENTRY POINT TO BE ON THE SAFE SIDE !GOOD LUCK
Comment:
Comment: NOW IS 2173 :)
Trade closed: target reached: BIG WINNER
820 PIPS :D
TELL ME MADE IT !!
Comment: 3 OPTIONS TO START THE LONG PROCESS :

1-WAIT PRICE ACTION TO CLOSE ABOVE 0.618 FIB.
2-WAIT TILL IT TOUCHES THE TREND LINE AND CREATES THE D POINT FOR A PROPER AND BETTER LONG POSITION.
3-IF YOU CAN HANDLE RISKS , YOU CAN LONG NOW!!

IN ALL CASES SL BELOW THE TREND LINE
GOOD LUCK :)
Comment: wow wow wow :D
did you enter it ?????
TP1 hit !! once again 500 pips baby ;)
keep your long position and move the SL to the entry point
congratulations
Comment: LONG THE PULLBACK AGAIN WITH 0.382 FIB
OR WAIT MAYBE IF IT TOUCH THE TREND LINE
Comment: STRONG BEARS, WAIT THE RETEST AT 2107
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