SP500 – closed long

SP500 – closed longFebruary 5, 201416.11 gmtI am not liking the action in the SP500 so have taken it on the chin and cut my loss.Closed SP500 long at 1740.23, -12.7 pts or -127 pips.I have not researched my system on SP500 in as much depth as I have researched it for the major FX pairs. Hence I am less confident trading the SP500. When I get time in the future I will do a deep study of the SP500.For now I think I shall stay out unless I get a clear, strong system signal or unless UJ collapses and I have to hedge. Which is a possibility if SP500 collapses, the correlation is very tight.About these adsShare this:Email Facebook Google Related From → Trades

via Zen and the Art of FX Trading:

16.11 gmt

I am not liking the action in the SP500 so have taken it on the chin and cut my loss.

Closed SP500 long at 1740.23, -12.7 pts or -127 pips.

I have not researched my system on SP500 in as much depth as I have researched it for the major FX pairs. Hence I am less confident trading the SP500. When I get time in the future I will do a deep study of the SP500.

For now I think I shall stay out unless I get a clear, strong system signal or unless UJ collapses and I have to hedge. Which is a possibility if SP500 collapses, the correlation is very tight.

For more info: SP500 – closed long

Zen and the Art of FX Trading

SP500 – closed long

The post SP500 – closed long appeared first on FX FOREX.

via WordPress http://ift.tt/1fHIlVS



Forex, action, facebook, king, long-at-1740, longfebruary, pairs, result, sp500, sp500-closed-long, system-on-sp500, trades, trading