High of the Day: R2Morning Reversal at: R2
at 4.16 am
US Market Open Move ended at:Support of Last Swing High at 10:02 am
Low of the Day: Open
Close of the Day: R1
Profit 90 Points Overbought & Oversold System
Profit 80 Points MTP Manual DP System
Starting with a gap up the market first had to build a base before the 3rd target at 5789 was with lower risk trade able. The US market was because of Holiday in the US pretty choppy, nevertheless the
I will now also trade the 2 min Charts discretionary, since automated execution has lots of filters build in to avoid trading above the camarilla H4 level (overbought). When trading discretionary I can clearly see that there needs to be a double top before the short setups are valid and I can see the type of market and enter basically on trendline breaks not relying on moving lagging averages.
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