Today FED, AIG problems, Lehman problems, no Trading Levels today.
For agressive traders - further Long scaling SPY or SSO, we wait any market support action from FED ( rates cut,.. )
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TRADING LEVELS RULES
Trading Levels = very good work Levels for any Countertrend action
Daytrade = Target 1,5 points, Stops 2,5 p.
Swing Trade = Targets cca 10 - 20 p., Stops 10 p.
Scalp Levels are valid ONLY before lunch ( 9:30-11:30 ), Daytrading Levels are valid during full regular trading hours ( only first test, extraordinary on trading signals - divergences also second test these levels )
CONFIRM TRADES WITH MARKET INTERNALS INDICATORS !
NO TRADE COUNTER MACRONEWS MARKET MOVE ( FED, ISM,..)
******************************
TRADING LEVELS RULES
Trading Levels = very good work Levels for any Countertrend action
Daytrade = Target 1,5 points, Stops 2,5 p.
Swing Trade = Targets cca 10 - 20 p., Stops 10 p.
Scalp Levels are valid ONLY before lunch ( 9:30-11:30 ), Daytrading Levels are valid during full regular trading hours ( only first test, extraordinary on trading signals - divergences also second test these levels )
CONFIRM TRADES WITH MARKET INTERNALS INDICATORS !
NO TRADE COUNTER MACRONEWS MARKET MOVE ( FED, ISM,..)
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How Levels work ?
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About Me
Vector
Full - time trading US stocks and indices from 2001 year, european ( CEE) stocks from 1994 year.
vector.trader@gmail.com
Full - time trading US stocks and indices from 2001 year, european ( CEE) stocks from 1994 year.
vector.trader@gmail.com
GOOD TRADING TOOLS !!
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