Saturday, January 9, 2010
Trading Plan: Timing, Avoiding News Events, Entering after the US Market Opened
On tricky setups (TS4 in a range)
its wise to look at the best entry times
from last day of the week . As you can see on the GOLD
screenshots on thursdays it makes sense
to enter after 8 am long.
As you can see on the EURUSD and Crude Oil screenshots it makes sense to enter after important news got released (for example employment situation every first friday of the month at 8.30)
On the ES chart you can see it often makes more sense to enter after 9.30 as most of the time the gap from cash market session to cash market session as to be filled first before an up move can start.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment