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SP500 key values

Iniciado por AnaLucescu, Janeiro 26, 2008, 01:43

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AnaLucescu

I see today session of SP500 very interesting.
I noticed the 3 times touch of the session low. Which seem to indicate this as a key level for monday trade.

Strong support no way, allways trying to cheat those american traders...



1 support on monday - [1327,5] 25-01-2008 Low
2 support on monday - [1322,5] 22-01-2008 Low
3 support on monday - [1310, 1313] 17-01-2008 Low

The trading ideia is if the market goes high in the first two hours of trading, which has a 45% probalility we will go short if the middle point of today´s session is achieved 1348,03 Short at 1347,5 using 85% of money power
We will use a 10 point stop on 1357

We will exit 50% of our short positions on 1329 area.
If the markets trades lower we will enter short again in at the 1326 using only 20% of the remaining money power

We close all our short position at 1313 and we will go long on this prices using 60% of our money power
using a stop on 1308

If the market doesn´t see this values I will have to go shopping with my husband money :) : ;)

Looking forward for monday action
не имейте никакого милосердия вашего противника

Have a nice weekend
Take care
Ana Lucescu

noi sîntem unul