Swing Trading S&P500

[hwsteele]

As I believe the market will close up for the day I am going to go long at 875. My target is 890
I may enter at a better price if I can.
OK in at 875

 

[koolblue]

Tough break, pal! The cycles indicate a low LATER in the week! And from lower prices!

 

[hwsteele]

Well got stopped out at 870 for a loss of 5 more points!:-0
Today was one of those days I just should not have been day trading the SPX.
Both times I got in the market the SPX spies called into headquarters and let them know what i did. Then they did the exact opposite! The end of the day I thought that we would see a bit of a spike up before we came back down in the last ten minutes.
All is not lost I had a GREAT trade with the GBPUSD that closed this morning for about 150 pips.:clap:
Not a total loser today.

 

[hwsteele]

I know I didn't post it here first but the 2:00 turn netted me 16 points. got in at the break of 865 and shot for 16 at 881. Got that then get out. That's good for today. Have too much on my plate right now!!

Look for a bit of a turn at 3:20