Aqua_Trader

$SP500 - INTRADAY LIVE TRADING - STAY TUNED FOR THE UPDATES

OANDA:SPX500USD   S&P 500 Index
Price has double topped shortly after the US Market Open and made a strong impulse to the downside.

Will be looking for a break below the Daily Low (orange line)

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The analysis is made based on order flow using Volume Profile + EW

For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Comment:
looking for a 5m pullback in the emas

Comment:
price tanked way too fast breaking the intraday low without having given a pullback first .. unlucky

not considering of entering as yet it appears overextended

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