Wednesday, August 31, 2011

31th August Wednesday













Trend continuation patters on the ES and YM convinced me to make another long trade on the stoxx 50:





Tuesday, August 30, 2011

30th August Tuesday






Silver long forecasts gold long and fibonacci patterns also signaled a breakout in the crude oil and gold market:









Monday, August 29, 2011

29th August Monday














Sunday, August 28, 2011

Trading Plan: Combining all methods


Looking at the 30 min charts for the overall direction the
waiting for 5 min bar to close above or below the last two bars
then entering if the stochastic is right on the 1 min bar (not in choppy areas
but after clear double tops or trendline breaks:





Especially to lower the risk the 1 min chart becomes handy:


Plus the 1 min charts overlayed with the entry signals from the 5 min chart gives a good
understanding what the market is doing at the moment:


When looking at two similar market 1 min signals become even clearer: