Trading Plan: Elliot Osciallator on 30 min charts gives a good guide line which direction to trade

looking at the elliot oscillator obviously makes only sense at 24 hour charts like the emini S&P, but still trading the fdax can be improved by looking at where the S&P is and anticipating that the fdax will simply go higher and lower in the early morning, but on the same time be cautious if the S&P has no valid setup to not trade the fdax in the early morning: