Ups and downs trading

long us 500 2798.7 stop 2794.7 target 2805

 

first remove moving averages forget S/R
when you think of something moving faster than something else what do you look for? compare swings....

 

closed trade lost two ticks

 

sold us 500 2796 stop 2798 target....?

 

see chart compare the up swings and down swings and see what you can make out in the three swings marked with yellow arrows

 

us 500 long at 2796.8 stop below days low at 2793.4 optimistic target 2810

 

momentum will give a good idea when to take the trade in which direction but always wait for some encouragement or confirmation from market

 

moral always use correct stops

 

sell signal on the 4 hourly

 

Can you please post them here? Thanks!