Election Night Live Day Trading Emini S&P 500 futures 11-8-2016

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This is a video of a live day trade taken in the emini S&P futures market on Tuesday 11-8-2016 starting at approx 8:15 PM Eastern Time (New York).
The first move in the market once some of the election results came in was a down.
That dip was rejected in the 2127 area where we had a support in the 2129 area.
The reaction from that was a swift rally that took the market up to our next significant resistance at 2154 when it reached 2152.50.
From that aggressive selling entered the market as shown by a series of magenta and red bars from the ‘day trade the markets’ software.
When the market bounce towards the high of a very strong combination of a red selling bar and a High Velocity Move a short trade was entered.
Half of that position, 2 contracts, were exited with a 5 points profit each.
Another short trade of 4 contracts were entered with a stop order when the market broke below our key 2094 support area.
Half of that position, 3 contracts, were exited with a limit order at a plus 5 points profit each.
Two of the final 3 contracts with exite with a limit order for a plus 11 points profit each.
The final contract was exited with a buy stop for a 18.50 points profit.
This was one of our best trades of the year with a gain of over 60 points.
The more important point to be made is that by using the ‘day trade the markets’ software we were able to identify the direction and excellent trade entry location.
The market only moved against us 2 points when the 1-minute bars (bars used on the chart) were averaging about 8 points.

http://daytradethemarkets.com
info@daytradethemarkets.com

Check out some of our other live trade videos:
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https://www.youtube.com/watch?v=dqEiH_pu9nY&feature=youtu.be Site: https://daytradethemarkets.com
Email: info@daytradethemarkets.com
Risk: http://bit.ly/2weaLn3

Comments

Gur Singh says:

nice. what platform are you using?

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