Did the Slope Rider just signalled the very top for today in ES? Profitable for over 10 points.
E-mini ES moved up from the opening of the US session even though all of the US data releases today were more negative than expected.
15:30 I expected it to hit the top at 2827 but it turned earlier, so I entered when the Slope Rider signalled a low, but with just 1 contract.
I took profit at 2817 as it seemed a level for a bounce.
16:00 Instead price moved all the way down to Pivot P which was a good level for take profit, at 10 points;
16:30 and even lower at 2804 (18 points!)…but we cannot expect to take the whole move every time, but trailing the stop loss would have given me a larger profit…it’s ok.
Savius is a Funder who provides his traders with a complete strategy, easy to follow, and profitable!
This strategy is complete, yet discretionary: yes you still have to switch on your brain! Don’t just get every signal that pops up!
Soon I’ll publish a complete guide to the Slope Rider.