Wednesday, June 23, 2010

23th June Wednesday




FDAX:
Times where trends will happen:

  • 3.00 am till 4.45 am
  • 5.30 am till 8.20 am
  • 8.40 am till 10.20 am
  • 10.45 am till 12.00 pm
  • 12.45 am till 2.00 pm
  • 02.30 pm till 3.30 pm

Overall theme for the day:
Like last week my plan is to have 1 position in the direction from tuesday trend with entry after a pullback, if last support/resistance is further way i might take a countertrend trade to that level after 3 am. Wednesday is usually a day with 2 big trends, so I am prepared for the 8.30 am or 10 am reversal.

Last wednesdays best entry times:
after 3.00 am, 3.40 am, 4.30 am, 5.30 - 6.00 am, 6.45 am, 9.30 am - 9.55 am, 10.45 am, 11.20 am, 11.55 am, 2 pm

after 3 am like yesterday after 10.20 am: down move, up move, down move

  • 2.28 am long
  • 3.26 am short
  • 4.13 am long
  • 5.52 am long
  • 7.54 am long
  • 9.05 am short
after 9.30 am same moves like after 3.05 am: down move, up move, down move
  • 10.01 am short
  • 10.48 am long
  • 12.27 pm long
  • 2.41 pm short
Crude Oil Trades: trend after 3.00 am, 6.00 am, 7.15-8.15, 9.30 am, trend in direction of breakout after 10.30 am, 12.00 am
  • 2.28 am long
  • 3.25 am short
  • 4.38 am short
  • 7.00 am long
  • 8.23 am short
  • 10.48 am long
  • 12.27 pm long
  • 2.12 pm short
  • 3.05 pm short

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