Week 35

5 Min Entry worked well, I am focusing now on exiting at real support and resistance areas (pre-market high, above prior days high) instead of 50%, ATR trailing or EMA levels...

Trading Plan: DAX opening at 3 am on 50 Tick Chart

On inside days (prior high or low was not reached yet) its wise to exit at 50 levels (10600, 10650...) or at prior session highs and lows:

Often times on the 3/5 Min Chart the entry signal would require a too high stop, therefore the entry on the 50 tick chart is better:

Also expect trend continuation at the 3 am open, so an entry on a double top or at the 50% level is valid:

On stronger trends (and no resistance or support areas) its wise to use an ATR trailing stop:

Week 34

Trading Plan: FDAX 5 Min

 Two (Three) Trades per Day: Red Bar Sell, Blue Bar Buy after 3 am (+reverse in at prior day high or low) and after 11 am. Stop 10 Points, Exit on Reverse Signal no inside bars only on higher lows, lower highs or at key levels.

Trading Plan: 512 Tick Charts on GC, CL, ES

Divergence on the Bolinger Band Sqeeze Oscillator still is a profitable entry method, when used at major s+r levels (prior lows/highs, 50%) after squeezes or in general after the market opens...

• long entry should be with a buy stop above a blue heiken ashi bar when price is above todays 50% line or at a trendline break but not above a breakout level
• short entry should be with a sell stop below a red heiken ashi bar when price is below todays 50% line
• risk is the width of the entry bar
• stop trailing with a 3.8 ATR trailing / big trends usually end with parabolic extremes...

Week 33