Wednesday, September 29, 2010

29th September Wednesday




FDAX:
Strategy for trading on wednesday is to enter low risk trend trades after 3.05 am, 3.30 am, 4.30 am or 5.30 am, 8.15 am, 9.00 am and 10.00 am.

after 3.00 am: Prior day closed on a swing high, so looking for long continuation till we hit decision point area. Short below 6287 or Reversal at 6327, Long above 6300 or Reversal at 6288 Support or on low risk entry signal before the breakout
  • 3.07 am LONG
  • 3.29 am SHORT
  • 4.06 am short
  • 4.30 am short
  • 5.34 am long
  • 7.30 am long
  • 8.19 am short
after 9.30 am: First a gap fill on the S&P and then most likely the moves from this morning, so first long then short with an upmove after 10.00 am. Short below 6261 or Reversal at 6286 Resistance, Long above 6277 or Reversal at 6246 Support or on low risk entry signal before the breakout
  • 9.49 am SHORT
  • 10.16 am SHORT
  • 11.22 am long
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves prior and after 10.30 am news so around 11.00 am and 1.30 pm
  • 2.49 am long
  • 3.30 am SHORT
  • 9.00 am SHORT
  • 9.47 am short
  • 10.30 am LONG
  • 11.00 am LONG

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