05 October, 2009

The E-mini Trading

Today, for the first time I traded the E-mini S&P 500 futures for December contract. Not a bad day.

Long at 1025.50 at 9.40 pm and exit 4 minutes later at 1028.25. I made profit with 2.75 point equals to $137.50 after commission. This is what we call a true scalping strategy - a trading style which took very short period, from a few seconds to a few minutes only. But geng, it's a very very risky strategy, jan buat selalu.

I've analyzed the market thoroughly before just using momentum and price analysis. The blue rectangle on the chart above is the high probability of strong support which spotted via the projection of one retracement and one alternate price projection.

No comments:

Post a Comment