07:55 – I’ve inserted a couple of short orders on S&P500 as signalled by the Slope Rider but instead price moved swiftly up, and in fact in the next 2 hours it moved up about 80 ticks, so I’m fine with the limited loss here.
Always use bracket orders!
08:10 – The Slope Rider also signalled a divergence in Gold at the same time so I inserted an order here as well, instead
it hit my Stop Loss shortly after.
09:00 – Gold moved all the way up to pivot R1.
Slope Rider signals again a divergence and a signal for a short order so I enter here, also because S&P500 is showing real strength in its move up.
14:16 – Gold has come down to Pivot P and bounced off from it, Slope rider is signalling divergence and US market will open soon so I’m closing the trade.
15:34 – price is moving again now that the US market is open, Slope Rider colored a candle in blue so I enter an order long with the protection of pivot R2
15:45 – price moved up fast, so I’m taking my profit to close the day at break even.
Today my Daily Profit and Loss is a bit unclear because of the holidays last week, I believe CME consider the past 3 days as of just 1 of trading.