Monday, July 25, 2011

On vacation

I am on vacation

Saturday, July 23, 2011

Week 29 Euro & Crude Oil & Fdax & Nasdaq LONG, Bund SHORT











  • Euro opened below fridays close if price continues above fridays close or bounces of last weeks 50% line (1.4068) we might see a long trend up to 1.4382 (prior month 50%)
  • FDAX opened below fridays close at last weeks and last month 50% level so going highver from that support zone we might go long up to 7392 (last weeks 2nd long target)
  • Nasdaq opened below fridays close at last month 2nd long target going above that level we might see a long trend up to 2415 (high of this year)
  • Bund opened at fridays close so up trend could continue, however we are already at the 2nd monthly long target (128.94) so we might first go short down to 127.19 2nd short target
  • Crude Oil opened below fridays close at last month short target so going above that level we might see price go up to 99.73 (2nd weekly long target)

Wednesday, July 20, 2011

20th July Wednesday









Todays Plans:
  • Plan for the FDAX is to go short down to 7203 (prior day 50%) / 7176
  • Plan for trading the euro future is go long up to 1.4182 / 1.4228 / 1.4258
  • Plan for trading the pound future is go short down to 1.6068
  • Plan for trading crude oil is to long up to 99 / 99.55
  • Plan for trading the bund is to go short down to 128.68 / 128.34 / 128.16
After 8 am:
  • Plan for the FDAX is to go short down to 7192 (double bottom) / 7176
  • Plan for trading crude oil is to go short down to 98.29 (prior session 50%)/ 97.42 / 96.74
  • Plan for trading the euro future is to go short down to 1.4123
  • Plan for trading the nasdaq is to go short down to 2391 (prior day close) / 2382 (prior session 50%) /2377

Tuesday, July 19, 2011

19th July Tuesday








Todays Plans:
  • Plan for trading the FDAX is to go long up to 7224 / 7242 (weekly long target) / 7257 / 7268
  • Plan for trading crude oil is to go long up to 97.23 / 98.47
  • Plan for trading euro future is go long up to 1.4126 / 1.4163 / 1.4163 / 1.4250 (last weeks long target)
  • Plan for trading the bund is to go short down to 129.06 / 128.80 / 128.67
After 8 am:
  • Plan for trading the FDAX is to go long up to 7267
  • Plan for trading crude oil is to go long up to 98.46 / 98.81 / 99.77
  • Plan for trading the euro future is to go long up to 1.4188 / 1.4209
  • Plan for trading the nasdaq is to go long up to 2367 / 2375 / 2384 (last weeks long target) / 2408 (weekly long target)

Monday, July 18, 2011

18th July Monday






Todays Plans:
  • Plan for trading the FDAX is to go short down to 7126 / 7101 / 77076 (weekly short target)
  • Plan for trading crude oil is to go short down to 95.06 / 94.15 (weekly short target) or long up to 97.88
  • Plan for trading the bund is to go long up to 129.69 / 130.50 / 131.10 (weekly long target)
  • Plan for trading the euro future is to go short down to 1.4000 / 1.3939 / 1.3884 (weekly short target)
After 8 am:
  • Plan for trading the FDAX is to go short till 7101
  • Plan for trading crude oil is to go short down to to 95.06 / 94.79 and up to 96.20
  • Plan for trading the euro future is to go short down to 1.3971 and long up to 1.4096
  • Plan for trading the nasdaq is go short down to 2327 / 2321 and long up to 2346

Sunday, July 17, 2011

Trading Plan: Entering at 50% of an intrabar retrace


The traditional entry (long after a lower low followed by a higher low) can be improved
by already entering if the bar is not closed yet: If I plan to go long and see the price go down and go back up over 50% of prior bar I simply go long anticipating a positive close.

Vise versa for shorts, but like any of such quick entry methods they should only be used at key support and resistance areas (targets)

Trading Plan: Spotting areas where prices will move quickly

Saturday, July 16, 2011

Week 28 Bund LONG, Nasdaq & Fdax SHORT, Crude Oil & Euro SIDEWAYS,





Trading Plan: 5 Min Close above the last two bars entry



  • Go long when price breaks (closes) above last two bars (or above just the last bar at every half and full hour)
  • Exit at the daily targets
  • Re-entry only when there was a pullback (new invalid short entry = uptrendline not broken yet) or a breakout to a new high

Friday, July 15, 2011

15th July Friday








Todays Plans:
  • Plan for trading the FDAX to go short down 7157 / 7119 / 7099
  • Plan for trading bund is to go long up to 129.11 / 129.45
  • Plan for trading euro future is to go short down to 1.4075 / 1.4030 / 1.4004 / 1.3902
After 8 am:
  • Plan for trading the FDAX to go long up to 7271 or short down 7160
  • Plan for trading bund is to go long up to 129.11 / 129.29
  • Plan for trading euro future is to go short down to 1.4068 (double bottom) and long up to 1.4153 (double top)
  • Plan for trading crude oil is to go long up to 96.70 (prior day 50%) / 97.20 / 97.73
  • Plan for trading the nasdaq is to go long up to 2350 or short down to 2337 (prior close) and long up to 2361

Thursday, July 14, 2011

14th July Thursday





Todays Plans:
  • Plan for the FDAX is to go long up to 7347
  • Plan for trading the euro future is go short down to 1.4140 (prior close)
  • Plan for trading crude oil is to long up to 99.70
After 8 am:
  • Plan for the FDAX is to go short down to 7156
  • Plan for trading crude oil is to go long up to 99.70 or short down to 97.40 / 96.20 / 95.68 / 95.28 / 94.93
  • Plan for trading the euro future is to go short down to 1.4118 / 1.4075
  • Plan for trading the nasdaq is to go long up to 2364 / 2370 and short down to 2343 / 2332 / 2325 (weekly short target) / 2321

Wednesday, July 13, 2011

13th July Wednesday







Todays Plans:
  • Plan for the FDAX is to go long up to 7285
  • Plan for trading the euro future is go long up to 1.4085
  • Plan for trading crude oil is to long up to 98.33
  • Plan for trading the bund is to go short down to 128.56 (weekly short target)
After 8 am:
  • Plan for the FDAX is to go long up to 7285
  • Plan for trading crude oil is to go long up to 98.60 (weekly long target)
  • Plan for trading the euro future is to go long up to 1.4166 (weekly long target)
  • Plan for trading the nasdaq is to go long up to 2372 / 2383 and short down to 2350