SPX Retail Trap

US SPX 500OANDA

Description

⋅ Jan 17, 2019 4:02 PM

Reatil being trapped into short IMO.

Either way, i would rather short this from between the 1.618 target and the A&E bottom target where there are still large unfilled short orders.

Comment

⋅ Jan 17, 2019 11:03 PM

we hit the first short cover target; im still long.

Comments

ReallyMe

⋅ Jan 23, 2019 4:54 PM

Nice call. Are you still long?

By the way, if you want to see how to do it right, check this out (read to the end)

filbfilb

⋅ Jan 23, 2019 5:02 PM

@ReallyMe, i reversed from long to short at 2642.90.. could have bene better but not bad.

ReallyMe

⋅ Jan 23, 2019 5:05 PM

@filbfilb, do you still think your "Short Target" 2517.8 is good? ;-)

filbfilb

⋅ Jan 23, 2019 5:07 PM

@ReallyMe, ive got an algo working on it so im only passively trading it. Could be right, could be wrong.

ReallyMe

⋅ Jan 23, 2019 5:20 PM

@filbfilb, well then, good luck with the algo

filbfilb

⋅ Jan 23, 2019 5:37 PM

@ReallyMe, thanks