What I also added to my trading plan was to open swing positions after 10.30 am to avoid volatility due to market opening and news events that always try to catch the stops :-) So i simply use the entry and stop level from morning setups but enter after 10.30 am. Often times the last trading hour is also very important, as today I had to reverse my short positon into a long position.
If I get stopped out in Decision Point Areas I look for continuation signals (blue for long, red for short) within these areas, as often times the US cash market open creates high volatility that stops out my postion, but 30 min later its save to re-enter the trade.
No comments:
Post a Comment