MattLeroch
Long

SPY - Hammer Reversal

BATS:SPY   SPDR S&P 500 ETF TRUST
259 views
1
buying friday's hammer reversal... look to take quick profits near 10 sma and then hopefully re-enter if follow through day occurs... big if. I currently expect the primary downtrend will continue, but you must be flexible in this market. 11.19.12 well, that didn't take long... CLOSED position today @ 139. (2.3% profit) - did leave some for selling into remaining strength over the next day or two...

Comments

Nice call
Reply
11.23.12 CLOSED remaining position @ 141.30 today. (3.9% profit) - for an average of 3.1% profit for total trade.
Reply
11.19.12 well, that didn't take long... CLOSED position today @ 139. (2.3% profit) - did leave some for selling into remaining strength over the next day or two...
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out