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alleytrader
Aug 12, 2022 2:54 PM

ES looking for a break either way 

SPDR S&P 500 ETF TRUSTArca

Description

Today an inside day trading inside first hour. will take a trade either direction looking for a break of yesterday. If that break does not happen or we go back to middle i will exit trade. So up or down works for me.

This is not the long term trade I am looking for but could evolve into that trade.

Trade active

Watching action in the range. I have 2 expectations, one we remain inside yesterday so will not give back much of this trade. also think break above yesterday is real, so if I can will take part off and hold the rest looking for positive if stopped out on back half.

Trade active

Will be taking half off, putting stop on back half at B/E. And then go spend the profit having lunch.

Trade active

moving back half stop to half way between target and entry price.

Trade active

Comment

looking for the confluence at the top as next level

Trade closed: target reached

This was a supper nice ES futures trade. Anyone that followed could have just made there week.
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