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Showing posts from April, 2017

April 28th, 2017

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Pre-Market Simulation Trading Typical overnight activity, the market goes sideways until the European markets open then there is a little flurry of activity to the upside. From this activity there was a pullback then another long signal at 5:00 am on the 30 minute chart. Probability for a 5am long trade on Friday is 75% The 5 minute and 2,000 tick were making higher bottoms as well. So, I took 1 contract long and set the target for one point. Got a confirmation sell signal on the 10,000 tick chart at 6:09. Probability for a long trade taken between 6:00 and 6:30 on the 10,000 tick chart is 100%. But, there have only been 2 trades during this time so far in the data. Volatility is low and so far no follow through, seeing resistance at yesterdays high. See what happens on the open. Because I have an open long position in the Real Money account I will stay with the Simulation. The long position is being managed using a swing trade logic from some of the longer term strategies...