Wednesday, April 7, 2010

07th April Wednesday





FDAX Trades:

expecitng a trend after 3 am, 8 am, 11.30 am, 2 pm

after 2.45 am: up trend, side move then up move (prediction was wrong
market did not move like yesterday after 11.00 am, it did the exact opposite)

  • 3:00 am long
  • 3.35 am long
  • 4.10 am short
  • 4.50 am long
  • 6.00 am - 6.40 am short
  • 7.32 am long
  • 7.55 am - 8.15 am short
  • 8.39 am long
  • 9.09 am short
after 9.30 am: up move, down trend 14 points, uptrend
  • 9.19 am and 9.38 am long
  • 10.00 am long
  • 10.38 am short
  • 11.05 am long
  • 1.00 pm long till 1.30 pm
  • 2.00 pm short
  • 3.45 pm long
Crude Oil Trades:
  • 2.55 am long
  • 3.15 am short
  • 3.30 am long
  • 4.05 am short
  • 4.50 am long
  • 6.00 am short
  • 6.30 am long
  • 7.20 am short
  • 7.37 am long
  • 7.56 am short
  • 8.05 am long
  • 8.20 am short
  • 8.36 am long
  • 10.10 am short till 10.30 am
  • 10.31 am long
  • 10.38 am short
  • 11.50 am long
  • 1.00 pm long
  • 1.30 pm trend
  • 2.55 pm short
  • 3.15 pm long
Profit 5 Points Automatic Reversal System ES
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL

5 comments:

  1. Your previous weekday strategy doesn't seem to be working with this market behavior. Do you think you benefit from still looking previous weekdays? It is dangerous to do so because then you subconsciously try to convince that this move will happen. If; however, you try to read the signals from market, then you might be on the right side of the market. If you know what I mean. :-)

    I am short from the moment DAX opened - 1H chart didn't look long at all and GBL + Gold both confirmed.

    Cheers!

    ReplyDelete
  2. yeah your right, one thing what i do is not going long blindly, so there has to be a trendline break no matter what, and if I know the market should historically be trading up on wednesday morning and in fact it is moving down then I know how the down move will look like: choppy :-)
    please let me know how many points you made on the down move in the morning, I usually can not stay long emotionally in such a strange downmoving market, I am looking forward after 8.15 for a more rapid downmove and then the long uptrend, to make some safe profits...

    ReplyDelete
  3. Hey,

    I'm actually still short. For me it looks a nice tight channel down. Added to my shorts at 6255.50 and 6249. Both of those were on the ''top of an channel''. I am looking to exit the short as soon as I see a danger signal and/or it breaks the channel. OR when the price hits 6230/6225-ish.

    ReplyDelete
  4. 6230 is a good target, tell me more about channel trading, i never did that, i usually look at the market in the elliot wave logic (maximum 3 moves down or up and then a correction)
    this mornings downtrend has a channel that is at least 10 points wide, so i guess your stop is at 6249... so you should have a least 10 points profit, well done :-)

    ReplyDelete