Thursday, October 7, 2010

7th 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 2.30 pm. Potential for a holy grail setup (reversal at 6245 or 6306)

after 3 am
: Prior Day Closed on a Swing high so looking for long continuation. Short below 6260 or Reversal at 6273, Long above 6268 or Reversal at 6250 or on low risk entry signal before the breakout
  • 2.39 am long
  • 3.12 am SHORT
  • 3.34 am long
  • 3.59 am long
  • 6.00 am long
  • 8.30 am LONG
  • 8.39 am LONG
after 9:30: Short below 6311, Long above 6320 or Reversal at 6272 or on low risk entry signal before the breakout
  • 9.28 am short
  • 10.18 am long
  • 10.37 am short
  • 12.27 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 to hold a position from 11.10 am till 2.00 pm
  • 2.10 am long
  • 3.03 am short
  • 8.44 am LONG
  • 9.03 am short
  • 10.37 am SHORT
  • 2.30 pm LONG

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