Wednesday, 2 November 2011

Trading FTSE & SPX 500 CAM LEVELS

Trading CAM levels really is simple.  You just need to have patience and wait for the signals.  The best are the breakout long/short moves - these generally set the trend for the trading session ahead.


If the H3 (Short) level is hit, the idea is that you go SHORT (against the previous trend) in the expectation that the market is about to reverse, with a stoploss point somewhere between the H3 and H4 levels (if it his H4 (Breakout), chances are it's going to breakout upwards, so you want your stop to be before that!).


The opposite is true for L3 (Long).  These levels are great and have a history of success as long as you have patience to wait for them...   Below are today's ftse and spx levels.


Good luck trading.

SPX 500 - US 500
^GSPC     1 Nov 2011     End of Day Data
OpenHighLowClose
1,251.001,251.001,215.421,218.28

^GSPC     1 Nov 2011    Pivot Points, Fib Pivots and Camarilla
R31,276.63Fib R31,263.46Brk Out Long1,237.85
R21,263.81Fib R21,250.29Short1,228.06
R11,241.05Fib R11,241.75HL21,224.80
Pivot1,228.23Pivot1,228.23HL11,221.54
S11,205.47Fib S11,214.71LL11,215.02
S21,192.65Fib S21,206.17LL21,211.76
S31,169.89Fib S31,193.01Long1,208.50
Brk Out Short1,198.71

FTSE - UK 100
^FTSE     1 Nov 2011     End of Day Data
OpenHighLowClose
5,544.205,544.205,338.405,421.60

^FTSE     1 Nov 2011    Pivot Points, Fib Pivots and Camarilla
R35,736.87Fib R35,638.48Brk Out Long5,534.79
R25,640.53Fib R25,562.33Short5,478.20
R15,531.07Fib R15,512.94HL25,459.33
Pivot5,434.73Pivot5,434.73HL15,440.47
S15,325.27Fib S15,356.53LL15,402.74
S25,228.93Fib S25,307.14LL25,383.87
S35,119.47Fib S35,230.99Long5,365.01
Brk Out Short5,308.41

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