SPY came down just as predicted we went short this morning down to the demand zone and now we are at that zone we are fully out of the shorts and are going long we are holding this position till tomorrow depending how the last hour of the market is we can see it touch the demand zone a few more times but from the looks of it bulls want to rally it up might gap up pre market thus causing us to swing but once again this depends on the last hour of the market
keep stop loss tight and choose a strike near to price as possible
keep stop loss tight and choose a strike near to price as possible
Comment:
Our apologize we forgot to mention we entered a bit early we will load up again once it hit our zone one more time i will make it an active trade once we load tf up
Trade active:
WE R FULLY IN loaded tf up keep stop loss tight and set alarms under entry
Trade active:
Bouncing in the demand zone we adjusted a few things that are not on here as in alarms and stoploss and entry levels
we are holding till tomorrow despite it hitting our SL on this chart we are still in position till we let you guys know we are no longer in it
we are holding till tomorrow despite it hitting our SL on this chart we are still in position till we let you guys know we are no longer in it
Trade active:
keep in mind the candle stick has to close under out stoploss for it to be considered invalid. we touched our stoploss but we did not close under our stoploss this meaning we are still in this trade till further notice
Trade active:
WE R STILL IN it is respecting the demand zone very nicely