Friday, November 6, 2015

$ES_F futures paper trade Nov 6th, 2015

Market opened lower, but I saw today's price action an opportunity to reverse. The following reasons convinced me to go long : downward channel lower trend line,  Bullish convergence (Price lower-low), MACD (higher or same), and price bars closing above 50% of its range.
$ES_F 60 min chart

Trade log:  Two contracts LONG $ES_F average BUY (2084.75), SELL (2093), +8.25 points   


$ES_F Trade log Nov 6th, 2015

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