29th October Friday

FDAX:

Strategy for trading on fridays is to enter low risk trend trades after 3.30 am, 4.00 am, between 5.10 am and 7 am, 8.15 am or 8.45 (on news days), 9.45 am and 10.30 am.

after 3.00 am: Short below 6585 or Reversal at 6611, Long above 6595 or Reversal at 6580 or on Low Risk Entry Signal before the breakout

• 3.28 am LONG
• 4.04 am SHORT
• 7.45 am long
• 8.45 am LONG

after 9:30 am: Short below 6624, Long above 6630 or Reversal at 6614 or on Low Risk Entry Signal before the breakout

• 9.41 am long
• 10.05 am long
• 11.30 am short

Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 9.00 am and 1.45 pm

• 2.55 am short
• 6.52 am LONG
• 9.03 am short (reversal setup)
• 11.08 am SHORT
• 1.45 am LONG

Todays Targets and Directions where pretty accurate, S&P and Nasdaq long hit their first targets, lets see if DAX can hit 6656 target on monday as it is still on a long trend. Curde Oil traded down to 80.75 and then reversed so I would have to see on monday if the short trend continues, Euro on the other hand went long to its first target an is still bullish so maybe the rest of the targets can be hit on monday.