Spx500trade
SPX500 likely to all!Hey tradomaniacs,
technically we have tested a good spot to sell.
This week is NFP week and we get the ISM-Index in a few minutes, so be cautious with fake-moves toiday / during the week.
Orderflow has not shown any confirmation yet, just a strong increase in volume and an instant sell-off with the US-Opening.
Still waiting for a trigger!
What do you think?
SPX Short TradingAmongst Poor market sentiment we have seen a Fall in the SPX Futures market.
A small Rally has rebounded us towards Former resistance.
After support becomes Resistance you turn SHORT. This is how successful Trading works.
The higher up your short position, the more risk averse you tend to be.
This is why the positions available are Labelled as such, if you are trading ALL day you can take lighter entries earlier.
If you are trading swings you can wait for a further move.
Trade light and trade safe as always!
Spx500 Short SignalJust set a sell limit right here on spx500. Had a nice bullish run but didn’t break the high or low. Also the weekly will likely still close bearish so I expect price to take out those lows. Have a nice 15m shift leaving some imbalance to fill and have my stop above the swing High. Use proper risk management and fingers crossed we get triggered in after this nice bearish 4h closes!
SPX500 Entries + ExitsSome big support/break plays for this pair this week!
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
SPX500 valuation action:A continues fall - price directly slop from 3224 to 2995.
It can see that when there is continue fall price bounce up-to 100 points.
The price was trading near the support line that became the strong point for breakout.
It can be seen that the price can move near the support line that is support become resistance.
As we can see there is not a strong point for any support below 2973 price can fall still down.