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Showing posts with label crash levels. Show all posts
Showing posts with label crash levels. Show all posts
Thursday, October 9, 2008
S&P 500 emini futures trading coach circuit breaker chart, plunge team

here we can see the actual aggressive seller in Red as we hit circuit breaker levels. I will show how I played this on my S&P 500 futures education coach trading site.
The market will bounce literally hundreds of times at the circuit breaker level.
I advise to stay away. If it closed and gapped through your position your stop may not be discarded.
Remember you are liable for Margin if you are in a trade and it gaps through. Some accounts are $50,000 margin liability.
S&P 500 emini futures trading , this is a circuit breaker chart
This is what the market looks like when the circuit breakers are hit.You can see how many times the market took on the low and bounced.
Plunge team was in the market.
S&P 500 hit the thresh hold and as you can see the aggressive sellers were all filled.
There is a bout a 2 tick bounce on this action.
Very risky play.
Watch your self on the breaker levels if they come. If they shut the market for 2 hours, you could gap down.
Sunday, October 5, 2008
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