Aliassmith Beats a "Dead Horse"

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 3725
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 1731
Gender: Male

Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Sep 22, 2022 2:42 pm

The US500 (S&P 500) has always been something on my watchlist. Its one of those vehicles like the EURUSD where you can find a lot of liquidity.

As a CFD I get a spread of about 1/2 a point with no commissions. :(

If you trade the futures version (ES) you can get 1/4 point spread with $5 commissions. Its a little better value. I don't like that they use FIFO for your trades. They may also call it "netting" orders. :(

Anyway, I scalped the US500 today and grabed about 2%. The price movement is smoother than US30.
Trade Your Way as Long as It Makes Money!
Maximum Size for Maximum Rides$$$ :shock:

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
IgazI
rank: 500+ posts
rank: 500+ posts
Posts: 652
Joined: Sat Feb 17, 2018 5:28 pm
Reputation: 534
Gender: None specified

Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Thu Sep 22, 2022 4:54 pm

aliassmith wrote:The US500 (S&P 500) has always been something on my watchlist. Its one of those vehicles like the EURUSD where you can find a lot of liquidity.

As a CFD I get a spread of about 1/2 a point with no commissions. :(

If you trade the futures version (ES) you can get 1/4 point spread with $5 commissions. Its a little better value. I don't like that they use FIFO for your trades. They may also call it "netting" orders. :(

Anyway, I scalped the US500 today and grabed about 2%. The price movement is smoother than US30.


The daily chart is interesting.

this.png
this.png (41.36 KiB) Viewed 257 times
Algorand:30,005 The Graph: 37,589
I DO NOT TRADE FOREX AND I AM NOT A DAY TRADER | ASK A DAY TRADER FOR HELP WITH DAY TRADING!

User avatar
Yirbu
rank: 150+ posts
rank: 150+ posts
Posts: 152
Joined: Mon Jun 27, 2022 9:04 am
Reputation: 52
Location: Europe
Gender: Male

Re: Aliassmith Beats a "Dead Horse"

Postby Yirbu » Thu Sep 22, 2022 8:33 pm

aliassmith wrote:
Yes and price entered a FVG


Aha!
:idea:

User avatar
aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 3725
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 1731
Gender: Male

Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Sep 23, 2022 7:05 am

US500 M5 Makin moves
8% on that last move short.
Attachments
Screenshot_20220923-030301_MetaTrader 5.jpg
Screenshot_20220923-030301_MetaTrader 5.jpg (97.11 KiB) Viewed 153 times
Trade Your Way as Long as It Makes Money!
Maximum Size for Maximum Rides$$$ :shock:

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”