S&P500 short on Savius Slope Rider counter trend strategyS&P500 short on Savius Slope Rider counter trend strategy
R1 also seems to hold as a resistance
potential target to Pivot P
New York market is about to open, need to see how the US will react to this morning move, we ar risking very little with a 10 ticks stop loss
Funded
GOLD short waiting to break S1 and targeting S2now S&P500 seems to be building strength on the bullish trend, so I'm waiting for Gold to resume its bearish trend.
Ideally it would break below S1, close a 15' bar down there, retrace to S1 for me to enter the sell order and target S2.
let see if Savius strategy confirms the idea, that would be great.
at the moment Savius Market Bias is 90% bearish.
GOLD short on savius Signal targeting Daily MAGOLD short on savius Signal targeting Daily MA
trend is bearish for today, so is Savius Market Bias
S&P is moving up, even though both of the markets are not showing real strength, keep stop loss very tight, but the target can be put down to the Daily MA
GOLD long on bounce off P and very strong bearish moveI missed out on this lovely move down from R1 to P, that's fine.
It looks like this move has happened too fast to me, high volumes yes but there is no apparent reason for Gold to be so bearish today (nor for S&P to be bullish).
What if it was just to cash out all the gains from yesterday? to catch all those stop loss orders?
Let's risk a 10 ticks here on bounce off P and target at R1! Admittedly there is a high risk our Stop Loss may be caught but...
GOLD short sell limit order if retraces to R1GOLD short sell limit order if retraces to R1
market is still quite undecided, especially in S&P that is not moving at all; volumes here are above average though; by entering at R1 we can set a stop loss of just 10 ticks, and target down at Pivot P.
Not going to risk anything more than 10 ticks, hence not selling at market right now.