A Traders daily plan 8 (futures)
after yesterdays Forex setup I will continue today to present futures and stock charting
the underlying principle for multiple market representation is that all markets are related
besides inflection points of various exchanges trading at various time zones , there is hedging and news that affect markets simultaneously
it is prudent to have an overall picture of global market behavior to find the highest probability entry and exit points for ones strategy to create consistent results over time
Futures work spaces (charts are a courtesy of Trade Station charting):
daily charts with pivots,SR and ranges
YM ES NQ for index confluence 5,15,60 min with 20,40,300 simple MA
ES NQ 1 min execution
ES NQ for scalping on 133 and 550 tick charts
futures execution:
pre market and session ranges with vol on ES and gap size:
5 min intra day volume and daily volatility measured with VIX:
CCI for range fading:
in my next post I will provide final setups for stocks and all my indicator settings before returning to principle work-
all this as a precursor to daily high probability forecasts
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