Tuesday, October 12, 2010

12th October Tuesday






FDAX:
Strategy for trading on tuesdays is to enter low risk trend trades after 2.45 am, 3.30 am, 5.30 am, 7.15 am - 8.00 am, 8.45 am, 9.30 am, 10.20 am. Potential for a huge up move to reach yesterdays high at 6330..

after 3 am: Prior day closed on a swing low, so looking for short continuation till we hit support.
Countertrend Long above 6285 or Reversal at Prior 6264 Support, Short below 6280 or on Reversal at Prior 6300 Resistance or low risk entry signal before the breakout
  • 3.00 am SHORT
  • 3.53 am short
  • 4.56 am long
  • 5.28 am LONG
  • 7.37 am LONG
  • 8.41 am LONG
after 9:30 am: First a long move in the direction of the gap fill on the S&P then the trend from this morning continues so most likely short then long. Short below 6297 or Reversal at 6312, Long above 6318 or on Reversal at 6250-6276 Support or on low risk entry signal before the breakout
  • 9.31 am SHORT
  • 10.03 am LONG
  • 10.37 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
  • 3.27 am long
  • 4.00 am short
  • 7.28 am long
  • 8.44 am long
  • 9.28 am SHORT
  • 10.43 am LONG
  • 1.30 pm long

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