Thursday, October 8, 2009

08th Thursday



High of the Day: Open
Morning Reversal at: 5700
at 7.24 am
US Market Open Move ended at: R1Mid at 10:08 am
Low of the Day: R1Mid
Close of the Day: Current Day Open

Profit 80 Points Overbought & Oversold System
Profit 90 Points MTP Manual DP System

Pretty boring morning session, as usual after a GAP up opening, I think i might introduce this rule to my trading plan:
  • If there are no higher prices after the 4 am to 5.30 am reversal, continue holding the short position till 8.30 am
  • If there are no lower prices after the 10.00 to 11 am reversal continue holding the long position till 12 am.

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