Wednesday, September 1, 2010

1th September Wednesday





FDAX:
Strategy for trading on wednesday is to wait till 4.10 am (exit after 8.30 am news), after 9.00 am (prior to 10.00 am news) and after 10.30 am for low risk trend entries.

after 3 am same moves as yesterday after 9.30 am: down move, up move
  • 2.02 am long
  • 2.43 am short
  • 3.53 am long
  • 4.42 am LONG
  • 5.30 am long
  • 8.16 am short
after 9.30 am same moves as after 3.00 am: small up move, down move, up move
  • 9.36 am short
  • 9.51 am LONG
  • 10.32 am long
  • 11.56 am short
Crude Oil Trades:
  • 2.03 am long
  • 2.42 am short
  • 3.53 am long
  • 5.00 am LONG
  • 8.08 am short
  • 8.24 am long
  • 9.45 am LONG
  • 10.52 am long
  • 2.04 pm short

4 comments:

  1. thank your sharing everyday. Could you tell a bit more about the buy @ 77, why? thnx

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  2. at the end of the day I usually post screenshot from 3 min charts and every week i post screenshots from 10 min charts, on those screenshots you can see boxes drawn into the charts (targets and reversal areas)


    5877 was today the upper point of a decision area (box on the chart from 5877 to 5868).
    decision areas are projections from prior swing lows and highs, yesterdays low at 3 pm was 5885, if you can say a little bit below 5885 is 5877 if you dont have the indicator that can calculate for you the decision point areas.

    ReplyDelete
  3. okay cristal clear, great thanks. short 40->80+ long 85 amazing day :-) its possible with other indicators to get the same result but the pinpoint @77 seems very good. thanks again for posting

    ReplyDelete
  4. perfect day today :-)
    have a look also at the weekly reviews
    targets from 10 min charts are very accurate:

    http://daxdaytrading.blogspot.com/search/label/weekly%20review

    Looking forward to find a rule when to exit with limit orders and when to simply trail my stop when the price approaches my target area...
    (this morning was clear as wednesdays around 4 am there is most of the time a reversal)

    ReplyDelete