Workhours from 3.00 am till 6.00 am and from 10.00 am till 12.00 am
FDAX Trades: expecting a trend after 3.15 - 4.00 am, 5.30 am,10.03 am, 11.12 and after 1.00 - 1.30 pm
after 2.45 am open: choppy side move, down move, up trend
- 2.57 am short
- 4.03 am long
- 4.43 am short
- 5:05 am short
- 5:54 am long
- 8.29 am short
- 9:15 am short
- 9.43 am long
- 10.01 am short
- 10.05 am long
- 10.35 am long
- 11.12 am short
- 11.41 am short
- 1.00 pm long
- 3.25 pm short
- 2.19 am short
- 3.52 am short
- 6.11 am long
- 7.36 am short
- 8.29 am short
- 9.19 am long
- 10.47 am short
- 11.18 am short
- 11.42 am short
- 12.00 am long
- 1.45 pm short
- 2.15 pm long
- 2.35 pm short
Profit 4 Points Automatic Reversal System ES
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL
Morning,
ReplyDeleteAny thoughts regarding today? The chart and macro looks kind of choppy. Not sure yet which way we'll move.
There are two initial scenarios I can think of:
1) We move up a bit (maybe to 6307/6312) and then crash till 6.30-7.00 am. And then rally up again (maybe even hit a new high).
2) We go down a bit (maybe till 6291) and then go up right away. (In that case I don't know yet what happens during the US open).
Today is a bit tricky. Those two scenarios are just what might happen... I'm keeping my eyes open for true signals from the market. :-))
have a look at euro stocks 50 and the EURO, clear downside potential, at least till we hit support, dax is too bulish to be shorted yet...
ReplyDeleteon the otherhand S&P rallied yesterday after 12.00 am so there is also a chance for a long, please let me know once you are in a long position, at the moment I am scalping my way down short and you guessed right crude oil has a much nicer trend as the dax...
ReplyDeleteSure! I just got a long signal for DAX @ 6286, and that could work. I'm just waiting for the macro to confirm it. Right now macro is very mixed and I don't like to trade like this. I want all (or at least most) factors to be on my side.
ReplyDeleteI don't see a significant selloff at this point. It still COULD trend down to 6258, but it's probably more likely that we will go up. Will keep looking for signs. :)
At this point macro is just setting up the scene for a short ride. So maybe we will have a down trend until 6.30-7.00 am. Interesting...
ReplyDeleteusually the big trend on tuesdays starts after 5.30 am, on the other hand last week we had a rapid downmove after 3.30.
ReplyDeletealso have a look at the earnings today they will also add to the volatility:
http://www.earnings.com/highlight.asp?client=cb
correction: big trend on thursdays I mean...
ReplyDeleteCould be. Right now it looks rather short, but we'll see.
ReplyDeleteI don't usually make my decisions based on news (incl. earnings data). I follow them, but never trade them. (Except when I used to trade oil inventory numbers way back).
yeah, same for me I am not in a position before the news, but knowing the time when news get released is critical, as usually before the release markets are quite and after they are too volatile, my crude oil entry on wednesday is usually some minutes after the release and then its almost certain that a trend will start. Anyway I hope you are on board of the DAX short train :-) hopefully it will last till 9.30 (coz thats the way I trade crude oil, i simple expect the trend to last till 9.30, worked good so far)
ReplyDeleteI was on board, but exited my trade at 6258 and went long right away at 6260. Hoping to ride the long till 6291 (6300), but will exit when a danger signal comes.
ReplyDeleteman you are a reversal boy :-) your long entry was very good, lets see if price can get through the 200 ema line, I went long a bit later at 6269, still thinking it will go shorter...
ReplyDeleteExited my long @ 6280. Now I'm standing by to see what might happen next.
ReplyDeleteAlright.. I think there might be a possibility for an up-move now. If so, then we'll probably hit 6300 and if that level fails, then it's 6312. But will keep my eyes open for confirmation.
ReplyDeleteI am waiting for the volatility to slow down a bit, I missed the entry after 10.05 am, so looking for a pullback so I can get in with lower risk...
ReplyDeleteI just exited my quick long trade. Entered 6284 and exited with a automatic take profit (set to 20pt) at 6204. It might go higher, it might not. I was happy with the 20 points. And now I'll probably call it a day. Had another very successful day. Will go out and buy myself a nice bottle of wine. :-)
ReplyDeleteGood luck on your trades and hope you'll do even better than I did. You probably will, since you trade a whole lot longer and many instruments.
Seeya! :-)
cheers, good day today, but I have to learn not to spent 10 hours per day in front of the computer, on thursdays 5 hours in enough just the first 3 hours and then starting after the 10 am news 2 more hours = 5 hours ( so half the working time same or even more profits :-)
ReplyDelete