Monday, September 7, 2009

07th September Monday Labor Day







High of the Day: Camarilla H4 or Last Monday's Close
Morning Reversal at: Camarilla H4 at 4.06 am
US Market Open Move ended at: Manual DP at 9.46
Low of the Day: Open
Close of the Day: 200 EMA

Profit 15 Points Elliot Wave
Profit 75 Points ART Method

Today is labor day holiday in the USA however S&P and DAX rallied in the morning (trend continuation from friday) and Crude Oil started moving higher after 6 am (like last monday) I also learned to look at the 10 Min Elliot Wave Targets of the S&P as they give a good orientation how far the prices will move. The US session had pretty low volume however good swings to trade using the scalp method after 10.30 am.

Tradelist

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