CTG Futures Short EURJPY Swing Trade 05/14//2009
 
   

This trade was forecast in CTGFutures Weekly Trade Plan for FOREX. We are keeping a close eye on this market. It is close to an official entry.

 

 

Swing Trading Strategy

1. Must be on the Weekly/Daily Trade Plan

2.CTGFutures LT PaintBars - bottom chart must be Blue (Long)

3. Price must be near to 200 Exp MA (green line) and close Blue.

4. Buy open of the second Blue on Upper chart. Set stop 2 Ticks below last low Yellow Bar

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Swing Trading with CTGFutures Paint Bars

 

Upper chart is configured with CTGFutures T3 Bars. We buy when market retraces back to 200 Exp MA (Green Line) and the 20 Minute bar closes Blue. Set stop 2 Ticks below last Yellow Low

Here the 20 Minute chart is configured with CTGFutures LT PaintBars. These bars indictate direction. As long as they remain BLUE market is traded to the long side only. When RED only shorts are justified.

 
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