Saturday, May 26, 2012

Trading Plan: Closing Hour of Bonds will tell how the Fdax will trade in the morning + 30 sec targets

On many days the closing hour of the bonds or signals of the stock market indicies can tell how
the fdax will trade in the early morning:


Targets of 30 sec signals can provide good targets for trades entered on the 3 / 5 min chart:


DP Setups should be traded on the market where I get signals on, nasdaq and S+p was also tradeable on 29th may but only the DOW reached the target area as it was the only market with a reversal setup:


On reversal signals its important to wait for additional confirmation, so either a new 3 min blue buy or red sell bar or a AB correction on the lower timeframe:


at the closing hour the market often times behaves like yesterdays closing hour:


euro fx and S+P decision point areas should be watched when trading the fdax:


Re-entry below red and blue 3 min bar:










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