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Thursday, 5 December 2013

"Trading signals to watch" results- 8 wins, 1 loss

Previous signals to watch:
New resistance @ 1789 but might be temporary
Look to sell S&P Futures @ 1789 or 1796 if it stays below & drops more
Look to buy S&P Futures @ 1789 if it breaks above & go higher
Look to buy S&P Futures @ 1786 if it rebounds & go higher again
All for less than 30 minutes expiration

Results:
Buy S&P Futures @ 1786 if it rebounds & go higher- 2 wins at higher risk as support was broken
S&P Futures dropped slightly below 1786 but rebounded & went higher to expire @ 1797.45 at 10:30am EST (Time shown below is EST+13 hours)
It also rebounded @ 1786 again to expire @ 1794 at 3:30pm EST


Sell S&P Futures @ 1789 if it stays below & drops more- 1 loss
Edit: +1 win 
S&P Futures dropped from 1789 & expired around 1787.37 at 9am EST



1 loss- S&P Futures dropped after 5 minutes (5 minutes expiration would result in a win) but rebounded higher later to expire @ 1792.65 at 10am EST
Once temporary resistance is broken & went up too high, we shouldn't sell or treat it as a resistance anymore



Buy S&P Futures @ 1789 if it breaks above & go higher- 3 wins
S&P Futures broke above 1789 & went higher to expire @  1797.45 at 10:30am EST, 1790.65 at 1am EST & 1794 at 3:30pm EST


Sell S&P Futures @ 1796 if it stays below & drops more- 2 wins at higher risk as resistance was broken
S&P Futures dropped more below 1796 & expired @ 1794.15 at 11:30am EST & 1791.65 at 4pm EST


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