Published 12/4/17 8:40 am central:
Here is a trade review from the E-mini S&P market we highlighted Friday 12/1/17 after the fundamental news sell-off. We used the 5 min time frame to highlight the TAS Boxes to get long this market.
After we got long we trailed stops on new bottom box formations and held positions into the close.
Those who held into the close were rewarded by a GAP open higher through our Target #1 area.
We had new Levels form and continued to trail stops and were finally stopped out @ 2660.50
Position #1 – Long @ 2628.00 +32.50 pts $1625 per contract before fees
Position #2 – Long @ 2662.25 +24.25 or $1212.50 per contract before fees
Both Positions = +56.75 or $2837.50 per contract before fees
Long E-mini S&P Trade Review: 12/4/17
Long E-mini S&P Trade Setup: 12/1/17
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