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S&p 500 (usx500)

This is a discussion on S&p 500 (usx500) within the General Discussion forums, part of the Trading Forum category; Hello Traders/ND, Till date I was trading only GBPJPY and the reason was max volatility and aim was to get ...

      
   
  1. #1
    Senior Member
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    S&p 500 (usx500)

    Hello Traders/ND,

    Till date I was trading only GBPJPY and the reason was max volatility and aim was to get 10-20pips a day. With help of ND & Igor I abled to reach most of the time, but many times i gave back profit to market, due to range markets.

    Recently, I came across DAX and S&P500 on MT4 and surprisingly found that in case of S&P, the ATR for day is almost 200/300 pips/day. And I started exploring chances to earn 10-20pips/day. And after doing some manual back testing, decided to try in real money with our Donchian and PriceChannelStop. And found very interesting results on trades around Frankfurt/London, wanted to share the screen shot for 2 very nice and simple profitable trades. If any one want to try on this.

    Please share your views here.

    ND/Igor,

    Would like to have your views on this please, as Sharing because our members can get benefits of this.



    Regards,
    Jag
    Attached Thumbnails Attached Thumbnails S&p 500 (usx500)-s-p-usx500.jpg   S&p 500 (usx500)-s-p-usx500-trades.jpg  

  2. #2
    Administrator newdigital's Avatar
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    I did not trade S&P 500 but I think that this S&P may be more comfortable to trade related to GBP/JPY for example.
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  3. #3
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    Very True.

    Request to help me to improve the strategy, whenever you get time.

    Regards,
    Jag

    Quote Originally Posted by newdigital View Post
    I did not trade S&P 500 but I think that this S&P may be more comfortable to trade related to GBP/JPY for example.

  4. #4
    Senior Member Taylor Woods's Avatar
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    To facilitate effective market analysis, traders are now receiving access to various technical indicators and signals on the platform they are using. In fact some forex brokers are also offering free market analysis even in the least means as per the extended facilities. What is the duty of a trader is to find out the correct results from the analysis and implement those outcomes of analysis in their decision making process.

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