Tuesday, October 19, 2010

19th October Tuesday







FDAX:
Strategy for trading on tuesdays is to enter low risk trend trades after 2.45 am, 3.20 am, 5.30 am, 7.05 am - 8.20 am, 8.45 am, 9.30 am, 10.20 am.

after 3 am: Prior day closed on a swing high, so looking for long opportunities till we hit resistance.
Long above 6534 or Reversal at Prior 6480 Support, Short below 6530 or on Reversal at Prior 6550 Resistance or low risk entry signal before the breakout
  • 3.00 am SHORT
  • 3.29 am LONG
  • 4.59 am long
  • 6.43 am long
  • 7.03 am SHORT
  • 8.56 am SHORT
after 9:30 am: First a short move then a move in the direction of the gap fill on the S&P then the trend from this morning continues so most likely sideways and then short. Short below 6500 or Reversal at 6514, Long above 6500 or on low risk entry signal before the breakout
  • 9.48 am SHORT
  • 10.07 am LONG
  • 1.53 am short
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
  • 3.30 am LONG
  • 6.05 am short
  • 7.01 am short
  • 8.47 am short
  • 10.00 am LONG
  • 11.37 am long
  • 12.30 pm short

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