Thursday, January 31, 2013

31th January Thursday

SHORT 50% Crude Oil
SHORT Wave 5 + Prior Day 50% S+P
LONG Prior Low Fdax + Dow
LONG 50% Nasdaq
SHORT 50% Fdax + Gold
SHORT 50% Crude Oil





Wednesday, January 30, 2013

30th January Wednesday

SHORT Re-Entry Dow
SHORT 50% Dow
SHORT Prior Close Dow
SHORT Wave 5 Crude Oil
LONG Above Prior High Gold
SHORT DP Nasdaq
LONG 50% Euro
LONG Above Prior High Soybeans
SHORT Oops Fdax








Tuesday, January 29, 2013

29th February Tuesday

LONG 50% Dow + Crude Oil
LONG Re-Entry Pound
LONG Re-Entry + Opening Crude Oil
SHORT DP Gold
LONG Prior Low Dow
LONG New Low Crude Oil
LONG 2nd January High Fdax
SHORT 50% Fdax
LONG Re-Entry Euro
SHORT DP Crude Oil
SHORT DP S+P







Monday, January 28, 2013

28th January Monday

LONG Day Before Yesterday Low Curde Oil
LONG Prior Close Nasdaq
SHORT DP Crude Oil + Nasdaq
LONG DP Crude Oil
SHORT 50% Pound
SHORT Re-Entry Natural Gas
LONG DP Gold
SHORT 50% Gold
SHORT (DP ZB) Fgbl
SHORT Prior High Fdax
LONG Prior Low Fgbl
SHORT DP Crude Oil + Gold










Saturday, January 26, 2013

Trading Plan: The Setup is more important than the entry

With a clear target in mind its more imporant to find a good setup on the 30 min chart (either a DP or prior low/high reversal or a re-entry in the 38.2 - 61.8 % fib area.

As you can see none of my favorite entries happend but still crude oil trended higher, so its really important to stick to a clear setup and be flexible on the search for a low risk entry.

These targets have a high success rate:

prior day 50% buy setup, exit at 60 ticks
prior day 50% sell setup, exit at 60 ticks or current day low
current day 50% setup, exit at 60 ticks or a new high
prior low, exit at prior close or 20 ticks target on FGBL
day before yesterday low, exit at 60 ticks

Only make re-entries on the strongest market (long) or weakest markets (shorts):


Use DP areas prior to news events:


and the seasonal influence (monday generally short, tuesday correction, wednesday and thursday push into the weekly direction, friday correction):




Friday, January 25, 2013

Week 04 Dow + Fdax + Crude Oil LONG, Gold SHORT





25th January Friday

SHORT Opening Crude Oil
LONG 50% Nasdaq
LONG 50% Crude Oil
LONG 50% Fdax
LONG 50% Dow
SHORT Prior Session 50% Gold
SHORT DP Fgbl
LONG 50% Euro
LONG Prior Session Low Crude Oil







Thursday, January 24, 2013

24th January Thursday

LONG Opening Price Dow
LONG 50% + day before yesterday low Crude Oil
LONG Outside Dow
LONG 50% S+P
LONG Gapfill Nasdaq
LONG 50% Fdax
SHORT 50% Gold
LONG 50% Crude Oil
SHORT DB Bonds
LONG DP Fdax + Euro
SHORT 50% Fdax