Friday, October 8, 2010

8th 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, 8.30 am, 9.45 am and 10.30 am. Best case would be to sell a double top (short from 6330) or long from last swing low (6260) into NFP news and then trying to reach the highs or lows of prior day, obviously if there will be a trend after 9.30 am there should be another entry opportunity.

after 3.00 am: Short below 6276 or Reversal at 6317, Long above 6291 or Reversal at 6272 or on Low Risk Entry Signal before the breakout
  • 2.45 am short
  • 4.40 am short
  • 7.15 am long
  • 8.33 am long
after 8:30 am: Short below 6267 or on Reversal above 6287, Long above 6274 or on Reversal at 6261 or on Low Risk Entry Signal before the breakout
  • 10.08 am short
  • 10.55 am long
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
  • 3.00 am short
  • 6.50 am long
  • 8.34 am long
  • 9.04 am long
  • 9.43 am long
  • 10.54 am long

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