Monday, 16 February 2015

Trading Review: SPI 02-16-2015





SPI Trading: +$261 for the day. I hadn't actually intended to trade on the day, and I was busy for the morning, however when I logged on mid to late day I noticed that after a strong opening trend a sharp reversal had occurred and it was beginning to establish above vwap.
The daily bias is still bullish despite looking like it's about to rollover so I began to bid for some contracts as it was grinding higher. In the end my gain was minimised, as I decided it wasn't moving quick enough for me, but was profitable due to the good entry. Great discipline! That's what I need to grind back after that nasty loss on the SPI prior.

Daily Chart:






















Intraday Chart:

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