Hadn't had enough time to check all the time frames lately but just found a nice long entry on SP500 futures for the weekly chart. By chance, i could enter today and it would be the same entry price as if i had caught it with perfect precision. No resistance in the way, strong ema trend, steady bars, good for take-off. Just came off a great daily trade. General news about the stock market is basically bad, but fairly mixed. i dont care about the news though.
Ill watch this trade and see what happens, if this turned out to be a good trade i would have to hold onto it for months.
Gabita, put attention!
SS,
ReplyDeleteare you swing trading the ES, if so, at what price did you get in at? Ignoring the news about the stock market is a good rule of thumb to keep.
been a long time since I checked my blogger account. I have been recording trades and notes at home. I still ignore the news but if you learn how you can use the news. this particular entry resulted in a small loss for me. I actually trade differently now. now I enter at reversals at major high's/low's. have a good day!
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