Entry time: 09.46 EDT. Exit time: 09.48 EDT. Entry price: $34.97. Exit price: $35.28. Strategy: Reversal long. Net profit: 27.50 cents/share. Criteria for taking the trade: 1. The market is in uptrend in the short term (SPY daily chart below). 2. CBI has visited a strong support (daily chart below) and it was hovering about 15 cents above its […]
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Entry time: 09.49 EDT. Exit time: 10.09 EDT. Entry price: $28.10. Exit price: $28.44. Strategy: Reversal long. Net profit: 30.50 cents/share. Criteria for taking the trade: 1. The market is in uptrend (SPY daily chart below). 2. This day SPY began with a gap up and the sentiment was generally bullish (SPY 5 minutes chart below). […]
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Entry time: 14.11 EDT. Exit time: 15.15 EDT. Entry price: $24.85. Exit price: $25.28. Strategy: Reversal long. Net profit: 39.50 cents/share. Criteria for taking the trade: 1. The market is in uptrend (SPY daily chart below). 2. This particular day SPY began with a gap up and the sentiment was generally bullish (SPY 5 minutes […]
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