24th September Friday

FDAX:

Strategy for trading on fridays is to enter low risk trend trades after 3.30 am, 4.30 am, 5.10 or 7.00 am, 8.30 am, 9.45 am and 10.20 am.

after 3.00 am: Short below 6171 or Reversal at 6187, Long above 6200 or Reversal at 6158 or on Low Risk Entry Signal before the breakout

• 2.53 am long
• 4.00 am LONG
• 4.27 am SHORT
• 5.30 am SHORT
• 7.00 am LONG
• 8.00 am LONG (added to long)

after 9:30 am: Short below 6251 or on Reversal not likely directly after 9.30 as there was just a small pullback after 9 am, Long above 6264 or on Reversal at 6212/6200/6182 or on Low Risk Entry Signal before the breakout

• 9.30 am long
• 10.20 am LONG

Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 2.00 pm

• 3.24 am long
• 8.00 am LONG
• 10.04 am LONG
• 10.41 am long

Today was an interesting day as the 8.30 am news event was gave a strong up move then the usual pullback prior to the 9.30 am cash market open was weak followed by another up move, again pullback prior to 10.00 am news, so i really learned not to look for shorting opportunities and instead looked to add to my long position after 9.30 am and 10.20 am. Trading can be very easy once you learn to avoid making reversal trades, they are very bad since they give you instant profits, only a gambler looks for such things, constantly money is made by waiting for setups/confirmation and not by hoping a news event will push the prices to a level that the traders wants :-)