Thursday, April 8, 2010

9th April Friday



DAX Trades:
expecting a trend after 2.00 am, 4.45 am, 9.45 am, 11.00 am, 12.15 am and after 3.15 pm


after 2.45 am: up move, down move, then up trend:

  • 2.00 am long
  • 3.44 am short
  • 4.10 am short
  • 4.37 am long
  • 5.26 am short
  • 6.28 am long
  • 8.35 am short
  • 9.14 am long
after 9.30 am: long trend 14 points
  • 9.38 am long
  • 9.57 am long
  • 10.27 am short
  • 10.54 am short
  • 11.10 am long
  • 12.15 am short
  • 1.11 pm long
  • 2.05 pm long
  • 3.12 pm long
Crude Oil Trades:
  • 2:00 am long
  • 3:45 am long
  • 4:56 am short
  • 6.10 am long
  • 7.30 am short
  • 9.02 am short
  • 9.30 am long
  • 10.10 am short
  • 10.30 am short
  • 11.32 am short
  • 12.02 am short
  • 12.43 am short
  • 1.17 pm long
  • 1.40 pm short
  • 2.01 pm long

Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL

10 comments:

  1. Interesting setup we got here today: on 5M chart the 50 ema is above 200 ema, but on 15M chart it's the other way round. Usually it's told to follow the larger time-frame, but what do you think?

    I'm paying close attention to how the price acts on 6211 level to see if there's any interest for downside. Even though it looks more long to me. So maybe we can go up to 6240 and if that level breaks, then next stop is 6260 and after that 6270.

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  2. I am expecting the same behaviour as everyday, the dax will do after 2.45 what it did 11.00 am on previous day:
    straight up :-)

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  3. Very interesting perspective. How often does that work? That 2:45/11:00 thing? And are there certain situations which confirm/disclaim this trend (moving averages, camarilla, etc)?

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  4. i have seen it working the last couple of weeks (sometimes it does not work on monday), once the cycle chances i will update my blog

    i always use my trendline break method to confirm the trend, but right now it seams that the charts after 9.30 move like after the 3.00 am open and after 2.45 am they move like the previous day after 11.00

    please sent me an email once you also find such a pattern that repeats over and over again

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  5. I've noticed many of these patterns, but they all tend to be working only a limited period of time.

    But sure, I'll email you. Please do the same! :-)

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  6. My indicator is point out a potential down move on DAX, but looking at the macro and the chart, then I could also see signs that the rally will continue.

    Will be on guard to see which way we'll go.

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  7. anyway there will be an up move (at least 14 points) after 9.30 am, as the dax will repeat its pattern from 3.00 am :-)

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  8. Nice observation. I'm out of my long for the day at 6260. It probably goes higher (SP might try 1200 today), but it's enough for me. Went long 6218 first time and then added 6230. I'm on fire this week. :-))

    Will see if there's any other great opportunities comes up, but otherwise I'm taking it easier now.

    Cheers!

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  9. 6260 man you catched the high of the day :-) i am now on my sell signal from 10.55 so hopefully we drop another 20 points,anyway great week

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  10. Yup.. I had automatic ''take profit'' sent into the market, so as soon as 6260 was hit, I was out of the trade. I told in the morning that we might also see 6270, but I wasn't going after this extra 10 points anymore. Since we couldn't go straight above 6260, then I decided not to take the risk (that Dax goes down 10-20 points before trying to hit 6270).

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