Monday, May 31, 2010

31th May Monday Memorial Day




FDAX:
Times where trends will happen:

2.30 am till 5.15 am,
5.50 am till 7.30 am,
8.00 am till 9.00 am,
9.20 am till 11.00 am,
11.30 am till 12.00 pm,
1.00 pm till 1.30 pm,
2.30 pm till 4.00 pm

Overall theme for the day:

On US holidays the trading pattern is like this that there are long opportunities in the morning and then after 10.00 am people realize no one is buying anymore and then the market sells off.

Like last week my plan is to have position from 3.40 am till 7.30 am and then reverse. Overall mondays are Bullish Days but after the first rally up we usually see a sell. If we close higher depends on the strong moves that happen after 8 and 10 and what happens after 1 pm.

Last mondays best entry times:
after 3.00 am, 4.00 am - 4.40 am, 5.50 am, 7.00 am, 8.00 am, 9.20 am, 10.10 am, 10.45, 11.20, 12.20 and 1.00 pm

after 3 am same as friday after 10.20 am but inverted: up move, down move, up move,
  • 3:01 am long
  • 3:37 am short
    • 3.58 am short
    • 5.13 am short
  • 5.51 am long
  • 6. 28 am short
  • 7.55 am long
  • 8.46 am short
after 9:30: same moves as after 3.00 am: up move, down move,

Holiday, did not trade the US session
  • 9:39 am short
  • 10:06 am long
  • 10.30 am long
  • 10.45 am short
  • 11.35 am long
  • 1.33 am short
    • 2.42 pm hort
  • 3.35 pm long
Crude Oil Trades: trend till 7.40am - 8.00 am then reverse till 12.00 (9.30 up move)
  • 3:03 am long
  • 8.31 am long
  • 9.41 am short
    • 10:45 am short
  • 11:59 am long
  • 1.33 pm short

No comments:

Post a Comment