Tuesday, September 28, 2010

28th September Tuesday




FDAX:
Strategy for trading on tuesdays is to enter low risk trend trades after 2.45 am, 5.30 am, 7.15 am, 9.00 am, before and reversal after 10.00 am news event, 10.40 am. In addition to that most tuesdays start with the trend from monday evening so making a trade prior to the 3 am open is valid if the next target is further away, anyway I am prepared for a reversal trade after 3.15 am.

after 3 am: Prior day closed on a swing low, so looking for short continuation without a big retracement.
Countertrend Long above 6294 or Reversal at Prior 6270 Support, Short below 6284 or on Reversal at Prior 6300 Resistance or low risk entry signal before the breakout
  • 2.46 am SHORT
  • 3.23 am short
  • 5.21 am LONG
  • 7.47 am LONG
after 9:30 am: First a gap fill on the S&P then the trend from this morning so most likely short and then long. Short below 6307, Long above 6308 or in Reversal around 6285 or 6230 or on low risk entry signal before the breakout
  • 9.23 am SHORT
  • 10.00 am short
  • 10.22 am LONG
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves after 8.30 am, 11.30 am and 1.50 pm
  • 2.39 am SHORT
  • 5.24 am long
  • 9.02 am long
  • 9.26 am SHORT
  • 10.00 am short
  • 10.16 am LONG
  • 10.55 am long
  • 1.52 pm short

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