Business Magazine

Closed Shorts at 1842 and Entered 2 Long Positions with Stop at 1834....

Posted on the 20 February 2014 by Souljester @souljester618
I closed shorts just below 1842 and entered 2 long positions with stop at 1834....This potential breakout puts the Extreme Bull back in play and I am not going to miss taking a swing at it.

Chart:

Closed shorts at 1842 and entered 2 long positions with stop at 1834.... With this exit, I gained .20 points on the first position, -2.40 points on the second position, and -2.40 points on the third position, for a total of -5 points. Accordingly, that leaves my total for 2014 at +123.11 SPX points (128.11 - 5 = +123.11), all posted real time and trading in both directions. 

Prior Calculation Post.

I cleaned up the above chart, so here is the new chart with the entry:
Closed shorts at 1842 and entered 2 long positions with stop at 1834....
There is always a bull path and a bear path. We cannot know which path our future will choose. As always, do your own due diligence, read the disclaimer, and make your own investment decisions. Peace, Om, SoulJester

Back to Featured Articles on Logo Paperblog