alleytrader

Day trading ES, or SPY

Long
alleytrader Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Arrow marks the possible location of the next long entry, will keep you informed if i take it.
Comment:
Sorry Arrow should have been Green for LONG. Still waiting to see if triggers
Comment:
I trade this very mechanically, so even though some great locations will come and go, if all mechanical conditions are not met I do not take the trade. And so far on this one those conditions are still not there
Comment:
move to or above 4182 ES then can look for the entry
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Oddly enough a short side may set up also , will look for first mechanics to trigger
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The long is live, and now looking for a retrace to use to climb on
Comment:
took me a while to get long at 4165, sitting well now
Comment:
Not sure this helped anyone today. Turn out good if you followed long,
Trade closed: target reached:
closing with 75 points, turned out much better than expected

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