Thursday, October 14, 2010

14th October Thursday






FDAX:
Strategy for trading on thursday is to enter low risk trend trades after 3.15 am, 4.00 am, 5.30 am, 6.20 am (bearish), 8.30 am, 9.30 am, 10.35 am and after 2.00 pm. Potential for a holy grail setup (reversal at 6470)

after 3 am
: Prior Day Closed on a Swing low so looking for a short entry at the 3 am open. Short below 6463, Long above 6473 or Reversal at 6454 for a continuation long trend entry.
  • 3.23 am LONG
  • 6.01 am short
  • 8.14 am long
  • 8.54 am SHORT
after 9:30: Short below 6462, Long above 6478 or Reversal at 6455 or on low risk entry signal before the breakout
  • 10.33 am long
  • 11.16 am short
  • 2.00 pm short
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for a move after 9.00 am and 2.30 pm and to hold a position from 11.10 am till 1.30 pm
  • 2.10 am long
  • 4.06 am SHORT
  • 5.51 am short
  • 8.44 am LONG
  • 9.01 am short
  • 10.15 am long
  • 11.15 am SHORT
  • 2.23 pm SHORT

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