Tuesday, October 5, 2010

4th 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, 9.00 am, 9.45 am, 10.20 am. Potential for a huge up move if we break above 6171.

after 3 am: Prior day closed on a swing high, so looking for long continuation till we hit resistance.
Countertrend Long above 6150 or Reversal at Prior 6145 Support, Short below 6150 or on Reversal at Prior 6180 Resistance or low risk entry signal before the breakout
  • 2.42 am SHORT
  • 3.25 am long
  • 4.24 am long
  • 5.18 am SHORT
  • 8.11 am LONG
after 9:30 am: First a short move in the direction of the gap fill on the S&P then the trend from this morning continues so most likely long. Short below 6188 or Reversal at 6214, Long above 6202 or on Reversal at 6188-6194 Support or on low risk entry signal before the breakout
  • 9.26 am LONG
  • 9.50 am LONG
  • 10.24 am LONG
  • 11.37 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
  • 2.56 am SHORT
  • 3.39 am long
  • 6.07 am long
  • 8.41 am long
  • 9.24 am SHORT
  • 10.24 am LONG
  • 12.37 pm long

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