SP500 en ORO: tendencia muy bajista. Mejor el metal que el papel

afonsoalves

New Member
Trades of the Day
8
09
2010
Finally a smooth trading day!

Two great calls during the premarket session:

1st: 8.00am GMT0 -> SHORT 1.093.00 EXIT 1.090.00 3pts profit

2nd: 12:00pm GMT0 -> SHORT 1.096.00 EXIT 1.092.00 4pts profit

7pts before the opening of the market!


2 trades = 7pts
We’ve waited then for the session to open. The market was trying to break 1.093 since the close of the session of the previous day, a very important support.

The market opened rising very quickly and because the momentum was right we took a trade at the open:

LONG 1.095.25 EXIT 1.097.25 2pts profit.

We were having a great trading day: 3 great calls.

So we patiently waited for a turning point in the market: SHORT 1.101.50

WHY? 2 very strong reasons: The XXXXXX and the YYYYYYY pointed to that entry level.

The market rose to 1.101.25 and we missed the trade by 1 tick.

Still confident on the entry level we waited for the price. And it came.

We could’ve taken 2 easy pts in 10min but we wanted to do a “Position Trade”. Risky? Hell yeah but we at a great backup: 9pts in the bag!

We waited and waited and finally after almost 3hours we closed the position: 5pts profit. WE WERE RIGHT!

The market returned to its original support: 1.093.00

Because of this fact we strongly expect an uprise tomorrow.





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