Sunday, April 10, 2011

Trading Plan: one trade per day

simply going long after 4.20 am is at the moment the best strategy for the FDAX,
shorting can be done also at that time but only if the price is above Camarilla H3 and below H4




So a wise good guideline is to either go long after 4.20 am
or short if price is
  • overbought (oops setup) above prior closing price and going down through prior closing price
  • continues trading down (50% setup) so just above prior day 50% and going down again
  • above camarilla H3 and below H4
  • went up between 3.00 am and 3.10 am, so as a reaction this opening move the highest price on that time zone can be shorted.

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