A.M. TREND Session Recap - 4.23.15

Live from the floor of our screen share trading room (SandBox) here @ Marketfy

We follow the 4 indices and look for entries on other markets as well based on trading room members interests. One SIMPLE Strategy. Any Market. Any Chart. Any Time Frame. Swing or Intraday.


The goal is simple.

1-2 setups by post 2.5 hours of the market open.


With allot of chop in the AM session with pockets of setups as noted above, it was the breakout with minutes to go before 12est that was the move of the session.


By post 37m of the open, after an overnight selloff, indices worked there way up to Daily Gaps and Overnight highs.


Looking at the TF ($IWM) intraday session with one of the setups to the SHORT in sync with the 144ema.

Turnaround setup once again with entry on the T3 moving average, 5/34 cross and price action remaining above the 144ema - BULLISH.

...and it was all follow through upside.

It's been all upside since then.


Looking at the YM ($DIA) intraday session with one of the setups to the LONG in sync with the 144ema.

Finding support at the 144ema.

....and bounces up.

It's been all upside since then..


What keeps you in the trade?

Looking for entries with a T3 moving average TREND change with a 5/34 EMA confirmation. Keep you in even longer? 5/T3/34 over/under 80 EMA - strong trend signal.

The best of trading to you,

David

One SIMPLE Strategy. ANY Market. ANY Chart. ANY Time Frame.


e-Manual available: Trading the Trend

Posted to Trading-the-Trend (@Tradi... on Apr 23, 2015 — 1:04 PM
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