Sunday, April 24, 2011

Trading Plan: Opening Move

Trades after 9.30 am either the FDAX or the Nasdaq provide
a better entry:

In the following screenshots, nasdaq had just a scalping chance (bounce of R1)
whereas the fdax had a chance for a trend (trailing stop below the swing lows instead
of exiting at the targets):




Trades after 3 am:









Instead of entering at the break of the pivot point its much more profitable to enter at a reaction on the R1 or S1 line after 3 am.

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