Friday, January 15, 2016

Trading Plan: 3 am opening strategy

I noticed that at 2 am and 3 am (eastern time) the S+P bounces of prior support and resistance (s+r) levels, so its wise to use these levels as entries







So the first trade is either a bounce of prior s+r levels or at the daily or last swing 50 - 61% area:


On Gap UP/DOWN Days in Fdax the 50 ema line provides a good entry spot (on 1 min charts):

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