Saturday, October 31, 2020

Daily Dashboard (based on previous business day)

 Daily Time Frame Trading

AEX  533,88 (AEX Daily Chart)
Trend: bearishdowntrending; S/D-S/R: 529,78-575,71 and 8 day EMA resistance; JCS/SS/8EMA: long legged doji/-/-; no bullish trigger signs.
Trade actual: none.

SPX @ 3.269,96 (SPX Daily Chart)
Trend: neutraldowntrending; S/D-S/R: 3.209,45-3.549,85 and 8 day EMA resistance; JCS/SS/8EMA: hammer/-/-; no bullish trigger signs.
Trade actual: none.

COMPQ @ 10.911,59 (COMPQ Daily Chart)
Trend: neutraldowntrending; S/D-S/R: 10.519,49-11.965,54 and 8 day EMA resistance; JCS/SS/8EMA: bullish harami/-/-; no bullish trigger signs.
Trade actual: none.

XEU @ 116,58 (XEU Daily Chart)
Trend: neutraldowntrending; S/D-S/R: 116,13-118,81 and 8 day EMA resistance; JCS/SS/8EMA: doji/-/-; no bullish trigger signs.
Trade actual: none.

BTCUSD @ 13.529,85 (BTCUSD Daily Chart)
Trend: bullishuptrending; S/D-S/R: 8.955,68-13.826,76 and 8 day EMA support; JCS/SS/8EMA: doji/+/+; bullish trigger signs on 24-09-2020.
Trade actual: bought longs on 24-09-2020, stoploss at 8.955,68.

GOLD @ 1.879,90 (GOLD Daily Chart)
Trend: neutraldowntrending; S/D-S/R: 1.851-1.983,80 and 8 day EMA resistance; JCS/SS/8EMA: doji/-/-; no bullish trigger signs.
Trade actual: none.

UST @ 138,11 (UST Daily Chart)
Trend: neutraluptrending; S/D-S/R: 137,30-139,17 and 8 day EMA resistance; JCS/SS/8EMA: ?/-/-; 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) in the direction of the trend preferably 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 & Investment Strategies, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.