Wednesday, 27 July 2016

(Trade Idea) SP500 Futures... selling some (UPDATE)

UPDATE:
FOMC, BOJ and US GDP + end of the month flow, we would like to avoid any rallies...

Scenario 1: move stop to entry

Scenario 2: close short from the lowest level, for second position move stop to entry, for third secure 2poits with stop profit...

Good Luck


SP500 FUT - we are looking to sell intraday: there are few possible scenarios, please check below:




SCENARIO 1: selling at current market price with a bit wider stop above 2176, once we hit 2147 we would move stop to entry level, first target 2134/2132

SCENARIO 2: will divide original size by 3 and will sell: first one at market, second one on rally above todays pre-market high and with third one will wait for rally above 2170 and if done will sell return below that level, stop again above 2176

RISK: 0,25%, we are trading against overall trend !



DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading       teams view on past and current economic and capital market environment. It is not and shouldn´t been viewed   as an investment advice and the creator of this material shouldn´t been hold liable for any loss resulting from       action where despite this disclaimer someone would consider this  material  as an investment advice. 

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