31th October Monday

SHORT Trend trade on S&P: 10 R

LONG Trend trade on CL: 12.1 R

10 am LONG trade on CL: 6.6 R

10 am LONG trade on Nasdaq: 2.25 R

SHORT Trend trade on CL: 4.7 R

SHORT Trend trade on Fdax: 4.4 R

SHORT Trend trade on Fdax: 7 R

LONG Reversal trade on Fdax: 4 R

LONG Reversal trade on CL: 2.25 R

On the trading masters game I bought the PUT at
1,31 and sold too early at 1,40 so I learned to
use exits at 1.25 1.50 1.75... or simply enter and
exit when the FDAX reaches its entry and exit areas:

Plan is clear for this morning, S&P retraced to 50% line and FDAX
to fridays low and then continued after 3 lower highs on the 5 min chart.

Trading Plan: S&P Measured moves can predict short targets and options

The first down swing on the S&P can give you a good idea where the next down swing will end, so simply measuring the range of the last downswing and substracting it from the high of the current down swing will give you a short target:

Often times the Call Options rally although the FDAX did not make

a new low, this can forecast that professional traders are trying to buy the market

-> looking forward for a trend reversal

Trading Plan: Reversal at Prior Days High

There needs to be 3 highs on the 1 minute chart to have a valid reversal,
ideally the highs are lower indicating the beginning short trend:

If the reversal to the short trend happens on 1 min chart, you have to also observe where

the long trendline is, incase the reversal is just temporary you can then switch back to the long trend quickly:

Looking at the GOLD chart is pretty obvious that a REVERSAL

trade with the goal to enter a trend till a prior days low

has a very high risk reward factor, so if only 5 out of 10 reversals

work the profit factor will be much higher than for trend and breakout setups:

Trading Plan: 1:1 Risk Reward

Following Setups are tradeable (and profitable in a bull market on a 5 min FDAX chart) with

a limit order (20 points risk and reward):

• Buy in the morning the high opening bar MINUS 76 ticks
• Buy at the 50% line
• Buy above a 5 min bar in the time from 5 to 5.30 am
• Buy prior cash market closing price (11.30 am price)

Trading Plan: Box Breakout, Predicting Trend Continuation or Reversals Entry Levels

Comparing the 3 screenshots (NQ, ES and FDAX) its pretty clear that FDAX has the best reversal chance followed by ES followed by NQ, because when the price touched the 45 degree up trendline for the 3th time the price jumped up unlike on the nasdaq where the trendline got broken or on the S&P where the trendline was not at a 45 degree up angle but still ES was also profitable:

Basically after at prior day high or at the daily targets the long trend can reverse

if it breaks below the last 30 min bar.

Trend Continuation happens if price bounces of a trendline (an up trendline requires a higher low)

Box Breakout happen if price trades for hours up and down

Week 43 Crude Oil & Gold & Nasdaq LONG

28th October Friday

LONG Breakout trade on CL: 2.6 R

LONG Breakout trade on Nasdaq: 2 R

10 am LONG trade on Cl: 2 R

10 am LONG trade on Nasdaq: 2 R

LONG Trend trade on Nasdaq: 2.4 R

LONG Trend trade on Crude Oil: 4.5 R

SHORT Reversal trade on FDAX: 6.6 R

LONG Reversal trade on FGBL: 3 R

Emotionally I have to say I like better the faster moving markets,

I have to focus on executing the setups rather than hoping for the market to

perform a certain action and also consider a breakeven trade a winning trade.

Technically I learned to exit the 10 am long trade at the high of prior 30 min bar

and how to trade reversals on double tops.

S&P Strategy Entry Stop 1st Target 2nd Target

Long 1270.00 1260.75 1291.25 1300.00

A close above 1277 could trigger the long move before

price pulled back to the desired 1270 entry level.

Crude Oil Strategy Entry Stop 1st Target 2nd Target

Long 91.57 90.74 92.98 94.65

Breakout trade happend but like for the S&P I am waiting for

a better entry price or another long signal to trade up to 94.

Trend Continuation SHORT trade on Crude Oil with target 92.50:

Reversal SHORT trade on the FDAX target prior cash market closing price (6332):

USDJPY short after 7 am:

Plan is to trade the FDAX long up to 6550 and 6595,

looking forward to buy at 6355 / 6300 but if there are short setups down to these 6355 / 6300 levels I will also trade them.

27th October Thursday

Summary: No Reveral SHORT Setup, Trend LONG FDAX trade reached 6430 target and EURUSD the 1.4100 target.

Re-entry long was possible after the nasdaq traded down to the 5.30 am high and a bullish engulfing signal on the S&P happend after 11 am.

Crude Oil not above prior day high and failed to make a breakout looks like a consolidation down to VWAP line at 92.70:

GBPUSD was too risky to re-enter a long trade but EURUSD traded up to 1.4056 and 1.4100 target:

Gold LONG from prior days 50% line till new high:

FDAX long again as price broke above the 6295 target and 7.30 am high:

5 am long entry and two entries at the 50 % line:

Third high on S&P signals a correction at the start but only below 1253 I consider

trading a short move down to prior days high as we dont have a 30 min bar engulfing yet.

Looking forward trade the FDAX long up to 6225 / 6285 / 6430.

Maybe there is a pullback in the 6225 to 6285 area with a short target at 6125.