beyondijason
Long

SPY >50MA LONG

AMEX:SPY   SPDR S&P 500
59 0 0
Price > 50MA, good volume . I.e., uptrend
Position: Long
TP area: 200
SL area: below yesterday candle

Idea:
Instead of entering the market at yesterday close price,
place a PO @ 194.5
TP @ 199.45 (i.e., below 200 round number)
SL @ 192.47 (i.e., slightly below previous candle)
2.44RR
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