New Short Position

Thursday , October 25 -Holding Open Long Swing Position at 1405

Swing Trade Setup : same as Tuesday > see below . Target : 1422.50


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Wed - October 24 : New Position

9:06am Update : Took profits at 1414.50 < Prev Day High > Done for the Day

9am Update : > Holding Open Long Swing Position 1405.00

04:22am - Long 1405 > Trade Setup same as below

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7:24pm est Update :  Target filled and booked for + 16 Pts > Long @ 1417 < Closed trade at 1426

Setup for this Trade : MACD  4 Hour Bullish Divergence
                                      RSI ( 2 ) Market Timing Strategy : Day 3
                                      Key Institutional Level
                                      Cycle Indicator Oversold Reading

1:48pm Long @ 1417 < Key Institutional Level posted before the Open < Another Winner
 

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1:42pm Update : Final Target achieved as predicted, booked profits : + 14pts plus 12.50 Pts
Total Profits on this trade : 26.50 Pts


11:20am est Update : Second target hit and booked for another + 8 pts > Short @ 1431
Looks like the Institutional Level worked as expected, Cheers !

Total Profits : +12.50 pts plus the previous Long , not posted.

8:15am - Update :  Took profits + 4.50 pts booked > Short @ 1431

5:50am SOLD Short @ 1431 > 1431.25 Key Institutional Level > 1430 is the 50 Day MA

Trade Setup : Daily Reversal WR Bar , 23.6 % Retracement of Fri Range , Key Level Resistance in Globex pre-open session.

Expected Final ( Dessert ) Target : 1417

1439.50 < Key Bull / Bear Level
1431.25 < Institutional Level
1430     < 50 Day MA
1424.50 < Must hold this level after the Open
1423.50 < Prev Day ( Friday ) Low
1422.50 < VPOC > Fri - Oct 12 < Will bounce here
1421    < CLVN
 1418.75 <
 1417 Key Level