Weekly S&P500 and EUR/USD Trading Ranges Plan

[leopardtrader-com]

Hi All,

This thread is for a weekly trading plan for S&P500 and Eur/USD. The plan looks for areas to get long and zones to get short. We will generally abadon those trades if the zones are broken and then move to the next range.

Things can change very quickly though and we will also change. The mantra is "It is human to err; it is devilish to remain wilfully in error". It is also important to know that it is not a crime to be wrong!

I dont write commentaries on fundamentals or technicals. I only trade price action and select trades based on market understanding.

Unforntunately I wont update the trade during the week. I will however evaluate the performance at the end of the week while posting the new plan.

I will keep this thread active as long as I can.

Good luck everyone.

 

[leopardtrader-com]

S&P500: I am a buyer 1323/5 zone to 1362. If 1323/25 fails after daily close, I will be a seller @1323/5 to 1300/2 where a strong buy comes into play. I will be a seller of the market @1360/2 zone.

EUR/USD: I am a seller max 13620 to 13250. If however it fails to get to 13600ish and moves below 13500 in early going..I will look to take short @13500 on retrace. I expect 13500 to give way this week. I will be a buyer @13250.

 

[leopardtrader-com]

Promised no updates but since there is some changes..I will hve to update: I am now long eur/usd targeting 13680 or higher this week. The break of 13500 fails to find follow thru

 

[leopardtrader-com]

Last weeks review, snp500 worked very well from 323/5 to 345. Fell short of weekly high of 362. Still a good trade for abt 20 handles. Eur/USD long from 13500 was god to 13680 and higher. Both successful weekly swing

 

[leopardtrader-com]

This week I am a seller of snp500 from 345 to 333. I am a buyer @333 to 362. If 345 fails however, I will get long 345 on retest to 362. Will be a seller @362. On the downside, if 333 fails I will stay short 333 on retest towards 325.

On the eur/usd, I will stay short here 13700ish towards 13500/450 once more this week. If however 13700ish is broken at early going, I will get long towards 13860ish to 14000ish. I will be a buyer @ 13500/450 again but that failure lets me take a bet to 13250.

Have weekly plan for most FX crosses, crude, gold and major indices. They often work ! Most daytrades are based strickly on weekly plan. PM me for anyone

Good luck to all this week

 

[leopardtrader-com]

I have covered snp move towards 333 @335ish. I will observe 333 to get long if possible