Forex, Futures

3/09/2012

09.03.2012 08:00

No clear situations on market now. Today at 14:30 Non-Farm Employment Change so i think markets will wait for news and there will be some rapid moves after it.

I will just watch what is going on without positions (or maybe if i see something clear but it have to be in next 1-3hours max).

But probably no positions today.

3 comments:

Unknown9 March 2012 at 09:00
and also wacth out for ISDA announcement abaout greek bond in 1300 GMT,that may delivers huge volatility
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Unknown9 March 2012 at 11:39
True. Thank You.
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Stair Contractors Yuma17 November 2022 at 02:01
Thanks for sharing thhis
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Trading Strategy

1. Simple Elliot waves - just 5waves moves and ABC corrections.

2. Fibo Retracements and Projections - if i see group of Fibo close to each other i will marke this level as potential reversal.

3. DTOSC indicator (it can be stochastic too). When i get signal on bigger time frame on fast DTOSC (1h for forex) im moving to smaller (15m or 5m) and im looking for signal on slower DTOSC if i get it all i open position.

Im very sorry - I didnt explain what is buy/sell signal.
Its like in every oscilator with overbought/sold zone. If faster line cross slower from below its buy signal when its in "bottom" zone. Sell signal is when faster line cross slower line from top in "upper" zone.

4. Position size: im opening 2 positions with 2-3% risk. 1 is short term and 1 is long term.

5. Manage of positions: no TP, positions close by SL. SL will be move different for both positions.

DTOSC indicator: HERE