WillNixTrading

Stimulus Pop. . . SPY

Long
WillNixTrading Mis à jour   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Going out on a limb, and this is admittedly a tricky play . . . j

Tight Stop Losses and Quick Take Profits are going to be key.

Im targeting a price spike as shown by the red box, resultant of a successful vote in senate at noon. Im setting Stop Losses towards the bottom of the trend channel . .

I have a 'BulkHead' buy method in place, with more purchases setup as Buy Stop Orders if the price goes in my direction

A quick trigger finger to exit will be key.

Good Luck
Trade fermée: cible de profit atteinte:
Had to hold overnight, which wasn't ideal, however, all is well that ends well.

Target Reached.
Commentaire:
Slight adjustment though, i did actually lower my target box when we didnt reach yesterday. . . I don think anyone is following this trade, but, just in case.
Commentaire:
Will Likely still break into the original target box anyway
Trade fermée: cible de profit atteinte:
Hole in one

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