Tuesday, August 30, 2011

1 Success story to predict SPY’s move via pivot trader.

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If its low hits WR0.5, then my trades would work.  But if it’s not, then the low must hit WR1, then the high must at least hit WR1.5, at 122.18.

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Intra high’s time was outside of core hours, then pull back. which means after 2:45 it will make a higher high.

I had to go to 3pm monthly meeting.  Before I left, I set up 5 limit sell orders.  At the last minute, raised 2 of 5 up by 5 cent ($10 more profit).

Only downside wasimage .

Summary:  This trade was very against my normal trading style.  I wouldn’t have done that, had I not have used the pivot trading system.  Not surprised it worked, because it’s against “the old me”.

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