Friday, April 1, 2011

Q1 Review Stocks LONG + SHORT, Crude Oil & Euro LONG

Accordinding to barchart from the futures with high volume

silver LONG and wheat SHORT

are the ones that should have been traded in Q1:





Tuesday, March 29, 2011

Tuesday, March 22, 2011

Thursday, March 17, 2011

Sunday, March 13, 2011

Trading Plan: Only using daily charts for forex and commodities trading

4 Simple Rules (vise versa for shorts):
  • Go long above prior day high (target range extension = Current Day Low + Prior Day Range)
  • Go long if we open below 50% of prior days range and then go above 50% of prior days range (target prior open price)
  • Go long if we open below prior days low and trade again above prior days closing price (target above prior day high or market close)
  • Go long if we open below prior days low minus prior days range (oversold) (target prior days low)





Wednesday, March 9, 2011