Thursday, October 21, 2010

21th 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, 7.15 am, 8.30 am, 9.30 am, 10.35 am and after 1.30 pm.

after 3 am
: Prior Day Closed on a Swing high so looking for a long entry after the 3 am open. Short below 6500, Long above 6536 or Reversal at 6515 for a continuation long trend entry.
  • 3.17 am LONG
  • 5.36 am LONG
  • 7.29 am LONG
  • 8.33 am SHORT
after 9:30: Short below 6578, Long above 6592 or Reversal at 6568 or on low risk entry signal before the breakout
  • 9.36 am long
  • 10.08 am long
  • 1.44 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
  • 3.30 am long
  • 5.32 am long
  • 8.32 am SHORT
  • 9.00 am short
  • 9.19 am long
  • 10.44 am SHORT
  • 1.44 pm SHORT

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