Wednesday, August 24, 2011

Trading Plan: Just 2-3 Trades


At the moment the Stoxx 50 market is like this:
  • There is an initial move before 3.30 am (scalping opportunity)
  • Trend usually changes or clearly continues at 3.35 am
  • This trend continues clearly after 8 am
  • After 9.40 am there is a trend change or clearly a trend continuation

So if the initial trend does not continue like it did on monday, its wise to stay flat and make only the trade after 8 am and after 9.40 am.

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