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Friday 8 November 2013

Buy S&P 500 @ 1750- won

High risk trade:
Buy S&P 500 @ 1750 if S&P Futures & S&P 500 breaks & stays above 1750, for 30 minutes expiration
Risk: Consumer Sentiment & Inflation Expectations at 9:55am EST will affect the market

Result: won
S&P 500 expired @ 1757.60 at 10:30am EST, 30 minutes after Consumer Sentiment & Inflation Expectations are announced, even after dropping below 1750 earlier
But S&P Futures was still below 1750 at that time therefore not safe to trade yet
After S&P Futures & S&P 500 broke & stayed above 1750, that was the confirmation needed for a safe & easy win even when it's quite risky to trade
It also continued even higher & finally closed @ 1770.61


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