30th September Friday

29th September Thursday

Nasdaq SHORT first till current day low and 2nd trade a trend till close or daily swing low:


Dax LONG with target 5698:


Gold SHORT with targets 1602, 1590.3 and 1554:


DAX short with target current day open (5560):


Stoxx 50 and Euro long:


Overnight price action on the S&P suggest first an upmove, ubt then at prior day 50% line or at least at 5640 (prior support) we might see a sell of, maybe down to current day opening price and from there a rally up to prior day high, or in case we can not make new highs before the US market opens a possible sell of:

28th September Wednesday

Last trade S&P down to S1:


During lunchhour gold sold of, so i missed the first leg down, but still got some points:

Crude Oil (4 short and 1 long setup):


S&P also short and fdax the 10 am setup was also short, so looks like last wednesday a bearish session:

After the rally another correction on the fdax (with first target 50% and 2nd target below todays low = decision point):


Stoxx 50 and S&P still long:


Opening trade (momentum turns lower):


Consolidation in the morning then maybe higher prices 3am, 6-7 am and 8 and 10.30 am should be important times like last wednesdays:

27th September Tuesday

Like last tuesday looking forward to short the S&P after 2.30 pm

Crude Oil LONG after 9 am:

S&P looks bullish, so waiting for a pullback and then again long, if there is no pullback (high of 30 min bar lower than the one before) I will not take any trade, so ideally we go down to prior days high or at least 1171:

Breakout long on 30 min chart, then entry on 5 min chart:


Gold long and S&P long



Either we break above the daily down trendline (5550) or we go down to prior close:

26th September Monday

Like last monday another long entry at 2 pm:


Final trade nasdaq long till wednesdays low and crude oil long till fridays high:


S&P opening short strategy also worked out:


Nasdaq, Crude Oil and Gold traded below the pivot point:


Fdax opening strategy worked very good today:



Gold and Crude Oil first short then long:


Price is already down at prior day 50% so long till at least 5368:

Trading Plan: Major turning points last week serve as good entry points this week

Trading Plan: Get 10 ticks for every breakout

Instead of analyzing which breakout is valid (or waiting for pullbacks)
its often times more profitable to simple get 10 ticks (100$ per contract) thats sums up to 8000$ just for the crude oil market for the last 30 days ...

Trading Plan: entry indicator = elliot oscillator on 1 min timeframe

Well some people might say a prior low or high or some magic level like fibonacci 50% are good re-entry levels, in fact they are not, as it is almost impossible to place a correct limit order at the price where the market will turn.

Luckily there are certain times (after 10 am) when setups become available, so just looking for trendline breaks on the 1 min chart often gives very good exit and re-entry levels.

Using the elliot osciallator on the 1 min chart also helps me to identify overbought/sold conditions, especially in volatile market conditions this helps me to wait for valid entries:

Week 38 Stocks & Crude OIL & Gold SHORT

The fed announcement on Wednesday was due to high volatility not easy to trade, however crude oil intraday trade and the swing trade short on the S&P with stops above wednesdays high did not not get stopped out, on the fdax a re-entry short after the news was also highly profitable as the german index dropped 160 points overnight.

Also the analysis from Rocco Gräfe was quite helpful, as he predicted precise highs and low for every day, I just need to ignore the intraday bounce levels and trade his suggested main trend to be on the right side.