Sunday, September 30, 2012

Trading Plan: trendline break before entry, reversal on lower top







re-entry on another trendline break or when the next bar after a cyan bar higher than the cyan bar:

for short re-entry the red box has to be lower than the one before but still not at the swing low:


and of course no re-entry without at least an AB correction on the 1 min (line) chart):

a trick to get in prior to the trendline break is a short entry on a lower high in a DP area
(notice fdax and nasdaq already traded above the DP area therefore only a short entry on the S+P was valid):




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