How to Day Trade or Swing Trade S&P500 Futures No Indicators
Updated
Hey Traders,
So over the years I bout alot of courses about trading the markets. In one course I took I learned about a reversal strategy using candlesticks on daily charts. Although in the past I didn't consider myself a Day Trader I found this strategy to be appealing for it using the Stock Index futures. So now I sometimes do day trade the market if I get the right setup. The good thing about his strategy is that you only need to check the market once a day to see if there is a setup. Then you just place your stop orders and limit orders according to your risk management or you can also use options.
Enjoy!
Trade Well,
Clifford
So over the years I bout alot of courses about trading the markets. In one course I took I learned about a reversal strategy using candlesticks on daily charts. Although in the past I didn't consider myself a Day Trader I found this strategy to be appealing for it using the Stock Index futures. So now I sometimes do day trade the market if I get the right setup. The good thing about his strategy is that you only need to check the market once a day to see if there is a setup. Then you just place your stop orders and limit orders according to your risk management or you can also use options.
Enjoy!
Trade Well,
Clifford
Trade active
Note
Limit Executed at 4146.00Stop 4180 risk 30 pts
Profit Target 4086 60pts
Let see what happens always use risk management.
Note
This is a Short PositionNote
Note
Trade Still Active.Trade closed: stop reached
Trade was loss was counter trend trade.Note
Here is a new one tonightTrade active
Long Nasdaq Limit order 50% retracement 13106Stop loss under support 13036 Risk 70 points
profit target min 2:1 140 points 13246 or 13300 264 points
lets see what happens may the force be with us traders!
Trade closed: target reached
So did not hit full target but was able to take small profit.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.