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(02-10-10) Live Trade Video and S&P Analysis

Posted 02-09-2010 at 10:17 AM by Ektrader [Show Appreciation] What's This?

Hi Traders,

Thanks again for checking out my blog and seeing what I'm doing.....

Today was another long entry I took on the S&P. Everyone know that my short term stance on it is bullish because of the market action I witnessed on Friday. I went long at 1063.5 and exited at 1067.75 almost near the highs (as of this writing). Not a bad trade....

Most of the bullishness keeps happening during the London hours and then all we get is the low volume chop and churn

. Until I see major volume step in and the market closes at the lows. I will keep my bullish biased until the market tells me other wise. Anyway.... The goal is to make money know matter which way it goes. right now it's only 11am est. I'll have to re assess the situation at todays close.

Happy Trading

Ektrader

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	this was a good trade EK, As vol moved up, so did price, (as you know, price follows price) the other was reversal, stoping vol or selling exhaustion what ever one likes to call it, This should turn out to be a great trade, man, I haven't had tis much fun in a long time!
	Posted 02-09-2010 at 02:20 PM by larryfolson [Show Appreciation] What's This?

Quote:

Originally Posted by larryfolson

this was a good trade EK, As vol moved up, so did price,
(as you know, price follows price)

the other was reversal, stoping vol or selling exhaustion what ever one likes to call it, This should turn out to be a great trade,

man, I haven't had tis much fun in a long time!

Thank you sir! And yes it was a great trade. I got back in and caught another couple of points too

So far it's been a great week!

Happy Trading

Ektrader

Posted 02-09-2010 at 02:23 PM by Ektrader Ektrader is offline

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	LOL Watch out for that dog. You keep pushing those resistance levels and you might lose a leg.
	Posted 02-09-2010 at 03:12 PM by Magic [Show Appreciation] What's This?

	Well done, EK... on the vid AND showin the dog who's Boss!
	Posted 02-09-2010 at 05:54 PM by DREBG [Show Appreciation] What's This?

	I still think this is a retrace, just like i think alike for the Dollar Index and the eurusd. As well as gold. Well, i will let time tell if i'm right of wrong.
	Posted 02-09-2010 at 08:33 PM by forexer [Show Appreciation] What's This?

	Picture perfect
	Posted 02-09-2010 at 11:19 PM by daryl676 [Show Appreciation] What's This?

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