Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Training Flow To Become a Profitable DayTrader
Sat Jan 24, 2009 12:20 pm by Admin

» Market Opens - The Grand Daddy of all trading hours!
Tue Nov 25, 2008 12:24 pm by Admin

» URUP Program Trades
Fri Nov 14, 2008 1:30 pm by Admin

» DOWN program trades
Thu Oct 23, 2008 3:05 pm by Admin

» DRUP Program Trades
Thu Oct 23, 2008 12:18 pm by Admin

» RDOWN program trades
Thu Oct 23, 2008 10:59 am by Admin

» October 1st daytrading...we're not scared of volatile markets...
Thu Oct 02, 2008 1:55 pm by Admin

» One Minute Methodology Charts
Thu Sep 25, 2008 6:41 pm by Admin

» Ten Core Ideas of Trading Psychology
Sun Sep 07, 2008 8:04 am by Admin

Navigation
 Portal
 Index
 Memberlist
 Profile
 FAQ
 Search
Affiliates
free forum
 
Statistics
We have 11 registered users
The newest registered user is lee

Our users have posted a total of 34 messages in 18 subjects

Globex Cycles & the Trades You Should Take Advantage Of

View previous topic View next topic Go down

Globex Cycles & the Trades You Should Take Advantage Of

Post  Admin on Fri Aug 29, 2008 10:25 am

I will be posting typical Globex trades that you can pick up 60 to 100 points per trade, as they market attempts to complete a "cycle". Our European friends and those that can't get 8 hours of sleep in North America - this is your way to grab up to 100 mini-Dow points before the market even opens!

Examples are below. Questions? fire away!

DayTrader
avatar
Admin
Admin

Posts : 33
Join date : 2008-08-27

View user profile http://dayraider.forumotion.net

Back to top Go down

Shorting Globex Cycles

Post  Admin on Fri Aug 29, 2008 10:31 am

Calculate the High and Low of the cycle and which part of the cycle is completed first. The next move should complete the cycle (or at least attempt to!). In this example, the cycle low was created and the cycle high was created and was in the process of being retraced - therefore the cycle is in the "OB" condition and probabilities are the market will attempt to close the gap in the cycle, and go lower! yeah!!

DayTrader


Laughing

The chart(s) are in chronological order, look to the right as the market completes the cycle.

[img][/img][url=]

Reversal right at the market open - closed position right at the open @ 9:31 ET. Net Profit about 50 points.

[url=
avatar
Admin
Admin

Posts : 33
Join date : 2008-08-27

View user profile http://dayraider.forumotion.net

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum