TRADING BLOG EP. 15 - SP500, +2.5%
Welcome back to another blog post, where we look at a sneaky SP500 short position. The day finished up on the SP, however I was able to maneuver and get a sell for 30 points. I knew the day was going to go for buys, but the market was too far away from the area I was interested in for buys. So I decided to go short, all the way back to the support area I was watching for buyers to come in.
As always, the classic Structure & SnD trading plan is what built my original trade idea. However, I was able to refine my entry & exits using institutional trading tools such as TPO & VWAP & Footprint charts. The advanced course with all the sauce on the markets will be released soon everyone hang in there.
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