Monday, September 21, 2009

21th Monday







High of the Day: Open or Camarilla L3
Morning Reversal at: S3Mid at 5.38 am
US Market Open Move ended at: S12Mid at 11.32 am
Low of the Day: S3
Close of the Day: S12Mid

Loss -5 Points Elliot Wave
Profit 130 Points eASCTrend & ART Trading System

This morning we had a massive sell off, so I had to switch over to a trend short scalping method where I enter on pullbacks (entry on zerolag fast above zerolag slow osciallator) and not just on trend confirming red bars.

At 8 am the DAX was down - 1,35 % but S&P only - 0,5 %
so I am predicting another 10 Points decline for today since the DAX already hit last tuesdays opening prices and the S&P not...

Well not a 10 Points down move happend but a double bottom, so after the quick 8 points short trade later on a massive rally happened, so the S&P could filled its gap.

Tradelist

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