Saturday, November 21, 2009

Review 3rd Week of November


This week was pretty interessting to trade, on monday we had the challenge that the EUREX zenfire feed was broken so I did almost no trades, then on tuesday the typical sideways market. On wednesday the high of the week with a spike up reversal. Thursday a downtrend and early friday morning another big move down.

The problem with trading using the flux capacitor is it does not take into account that prices are oversold/bought or if there gaps in the charts that need to be filled. Other than that it was pretty accurate during this week even though we had a trend chance, but key buying and selling times seam to remain the same. So what I will do in the future see the potential turning points always just as turning or continuation point and not anticipating a trend, as the low risk entry is always inside a 3 Min DP area I will keep on trading all signals.

Over 60 trades this week was pretty intense, I look forward to hold more positions longer with following methology:
  • Monday and Tuesday after Consolidation Trendcontinuation
  • Wednesday after strong move reverse
  • Thursday Trendcontinuation and possible Reverse after 10 am
  • Friday after Correction Trendcontinuation





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