Friday, September 23, 2011

23th September Friday

Crude Oil had a problem on an upswing, so I also closed the fdax but looking forward to re-enter on monday with the remaining 5290 target, 5150 was anyway todays target, so no need to let this profit on the table in case of another downswing to form a double bottom before the real rally begins...

Ok this close was an mistake, since crude oil only stopped because of the 80$ level, so better looking at the S&P that stopped at 1130 pivot, for exits prior to the close of the session.












After a rally till prior swing high, we will go down again till at least 5100, looking forward for higher prices (up to 7300) in the US session. Short entry was a doji 5 min candle at prior swing high, long entry was a divergence long signal on the Elliot oscillator.

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