Daily Time Frame Trading
AEX 651,73 (AEX Daily Chart)Trend: bullish & uptrending; S/D-S/R: 602,64-656,66 and 8 day EMA support; JCS/SS/8EMA: bearish harami /+/+; bullish trigger signs on 24-12-2020.
Trade actual: none.
SPX @ 3.768,25 (SPX Daily Chart)
COMPQ @ 12.998,50 (COMPQ Daily Chart)
Trend: neutral & downtrending; S/D-S/R: 12.525,22-13.208,09 and 8 day EMA support broken; JCS/SS/8EMA: bearish hanging man/-/-; no bullish trigger signs.
BTCUSD @ 37.384,88 (BTCUSD Daily Chart)
Trend: bullish & uptrending; S/D-S/R: 30.308,40-41.964,96 and 8 day EMA support; JCS/SS/8EMA: bullish engulfing/+/+; bullish trigger signs on 24-09-2020.
Trade actual: bought longs on 24-09-2020, stoploss at 8.955,68.
GOLD @ 1.829,90 (GOLD Daily Chart)
Trend: bearish & downtrending; S/D-S/R: 1.820-1.966,10 and 8 day EMA resistance; JCS/SS/8EMA: indecision candles/-/-; no bullish trigger signs.
Trade actual: none.
UST @ 136,39 (UST Daily Chart)
Trend: bearish & uptrending; S/D-S/R: 134,15-137,44 and 8 day EMA resistance broken; JCS/SS/8EMA: n.a./+/+; no bullish trigger signs.
Trade actual: none.
Trend is defined by the position of price vis-a-vis the 8 day EMA and 200 day SMA. Trendiness is defined by position of price vis-a-vis the 8 day EMA.
S/D-S/R abbreviates static and dynamic support/resistance levels.
Trade actual: none.
SPX @ 3.768,25 (SPX Daily Chart)
Trend: neutral & downtrending; S/D-S/R: 3.662,71-3.826,69 and 8 day EMA support broken; JCS/SS/8EMA: bearish engulfing/-/-; no bullish trigger signs.
Trade actual: none.
Trade actual: none.
COMPQ @ 12.998,50 (COMPQ Daily Chart)
Trend: neutral & downtrending; S/D-S/R: 12.525,22-13.208,09 and 8 day EMA support broken; JCS/SS/8EMA: bearish hanging man/-/-; no bullish trigger signs.
Trade actual: none.
XEU @ 120,77 (XEU Daily Chart)
Trend: neutral & downtrending; S/D-S/R: 120,59-123,45 and 8 day EMA resistance; JCS/SS/8EMA: bearish hanging man/-/-; no bullish trigger signs.
XEU @ 120,77 (XEU Daily Chart)
Trend: neutral & downtrending; S/D-S/R: 120,59-123,45 and 8 day EMA resistance; JCS/SS/8EMA: bearish hanging man/-/-; no bullish trigger signs.
Trade actual: none.
BTCUSD @ 37.384,88 (BTCUSD Daily Chart)
Trend: bullish & uptrending; S/D-S/R: 30.308,40-41.964,96 and 8 day EMA support; JCS/SS/8EMA: bullish engulfing/+/+; bullish trigger signs on 24-09-2020.
Trade actual: bought longs on 24-09-2020, stoploss at 8.955,68.
GOLD @ 1.829,90 (GOLD Daily Chart)
Trend: bearish & downtrending; S/D-S/R: 1.820-1.966,10 and 8 day EMA resistance; JCS/SS/8EMA: indecision candles/-/-; no bullish trigger signs.
Trade actual: none.
UST @ 136,39 (UST Daily Chart)
Trend: bearish & uptrending; S/D-S/R: 134,15-137,44 and 8 day EMA resistance broken; JCS/SS/8EMA: n.a./+/+; no bullish trigger signs.
Trade actual: none.
Trend is defined by the position of price vis-a-vis the 8 day EMA and 200 day SMA. Trendiness is defined by position of price vis-a-vis the 8 day EMA.
S/D-S/R abbreviates static and dynamic support/resistance levels.
EMA and SMA stand for exponential and simple moving average respectively.
I only consider very clean Japanese Candlestick signals (JCS) only from an oversold or overbought Slow Stochastic (SS). 8EMA is the position of price versus the 8 day EMA.
Stoplosses are on a closing basis.
For actual trading I use capped futures (limited downside risk) and options.
For an explanation of the Trend Trade Strategies, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.
I only consider very clean Japanese Candlestick signals (JCS) only from an oversold or overbought Slow Stochastic (SS). 8EMA is the position of price versus the 8 day EMA.
Stoplosses are on a closing basis.
For actual trading I use capped futures (limited downside risk) and options.
For an explanation of the Trend Trade Strategies, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.
