Rule_no1

SP500 LONGGGGGG...? YESSSS LONG !

Long
Rule_no1 Updated   
FOREXCOM:SPX500   S&P 500 Index
Good day Traders!

Continue from my previous post :

Previously, We have mentioned SP500 might go lower and we will take anything below 2600 level. (FRIDAY CLOSED @ 2700 level!!)

We have entered our trades @ 2500 level when market hits limit down, but didn't make any money there (but a small loss) when our CL (2480) is triggered. IT'S OKAY.

Then, we reentered our trades @ level 2400 again (with CL 2380) and BANG! Market closed @ 2700 on Friday!

Our plan for next week:
1. Take profit @ level 2700-2750. (Reason: Stochastic MIGHT be forming pre-divergent pattern)
2. Buying back @ level 2630 - 2700 (Expecting it to go as high as 2880 - 2900 level)

Note: Our plan may change throughout the trading hours. All depends on market movement. PLEASE KEEP YOUR CUT LOSS TIGHT & BE DISCIPLINED IN TRADING.

And not forget to follow us and share with your loved one!

Rule_no1: Your capital becomes vulnerable when you ditch stop-loss.

Cheers and Happy Trading :)

Trade closed: stop reached
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