Trading Eurostoxx50 and S&P500 CFD's

[cvds16]

I am goig to be trading eurostoxx50 and s&p500 CFD's. I start this journal to keep me more accountable.

 

[cvds16]

I trade off 5M and 15M charts. My trades this morning in eurostoxx. long 3199.20 reversed to short 3217.3 reversed to long 3175.30 closed at 3192.70.
For indicators I use stoch 12/3/3 and ema's 9/20/50/100/150/200

 

[Laissez Faire]

Do you have extensive experience with both?

I’d be curious to hear how you would compare these two markets.

Good luck.

 

[cvds16]

Yes I got some but not extended experience with both of them. They trade a lot the same.

 

[cvds16]

should have reversed at 3192.7 looking with hindsite but it looked like quite late in the european session to me my indicators were a bit messy

 

[maxinger]

I trade off 5M and 15M charts. My trades this morning in eurostoxx. long 3199.20 reversed to short 3217.3 reversed to long 3175.30 closed at 3192.70.
For indicators I use stoch 12/3/3 and ema's 9/20/50/100/150/200

great. You caught all the signals.

yesterday's day range was 80 points.
today's day range is going to be rather small perhaps at around 60 points.

What is your reward : risk ratio?
it might be difficult to target RR ratio of better than 2:1

 

[cvds16]

I don't have a RR that I look at, i reverse when I see the moment on my charts

 

[cvds16]

I would have gotten out at 3188.3 in my would be short but not reverse since it's way too late in the European session. It's time to look at sp500 but first a break since I don't want to have any position going in to NFP

 

[CALLumbus]

Which Broker ? Why CFDs man ? If you are low in capital you could trade the MES, and the FESX is not too risky.

 

[cvds16]

I am with tickmill and prefer to trade small