Tuesday, November 30, 2010

30th November Tuesday



FDAX:
Strategy for trading on tuesdays is to enter low risk trend trades after 2.45 am, 3.20 am, 5.30 am, 7.05 am - 8.20 am, 8.45 am, 9.30 am, 10.20 am

after 3 am:
Long above 6750 or Reversal at Prior 6720 Support, Short below 6712 or on Reversal at Prior 6781 Resistance or low risk entry signal before the breakout. Opening near the low of yesterday signals a chance for a rally otherwise a reversal at 6781 would be a sell signal on the daily chart with target of 6722.
  • 3.10 am SHORT
  • 4.45 am LONG
  • 6.51 am SHORT
after 9:30 am: First a move in the direction of the gap fill on the S&P then the trend from this morning continues so most likely up. Short below 6660 , Long above 6682 or on low risk entry signal before the breakout
  • 9.45 am LONG
  • 12.50 am long
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves after 9.00 am and 1.30 pm
  • 3.30 am SHORT
  • 4.38 am LONG
  • 7.05 am SHORT
  • 9.40 am LONG
  • 1.30 am SHORT
S&P, DAX and Nasdaq traded lower and then higher but did not reach a target after 9.30 am. Euro and Bonds rallied but also did not reach any target after 9.30 am...Only crude oil sunk down to the short target after 1.30 pm.

Monday, November 29, 2010

29th November Monday



FDAX:
Strategy for trading on mondays is to enter low risk trend trades after 3.30 am, 4.15 am, 8.30 am, 9.35 am, 10.30 am

after 3 am: Long above 6869 or Reversal at 6856, Short below 6863 or Reversal at 6907 on Low Risk Entry Signal before the breakout.
  • 3.07 am long
  • 3.45 am SHORT
  • 4.35 am SHORT
  • 8.49 am SHORT
after 9:30 am: Prior Day Closed on a Swing HIGH so looking for LONG Continuation. Maybe first a gap fill on the S&P then the trend from this morning. Long above 6841, Short below 6828 or on Low Risk Entry Signal before the breakout
  • 9.49 am SHORT
  • 10.32 am LONG
  • 2.28 pm LONG
Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 5.30 am, 9.00 am, 11.50 am and 2.00 pm.
  • 2.27 am long
  • 3.46 am SHORT
  • 8.02 am long
  • 8.59 am SHORT
  • 9.32 am SHORT
  • 10.24 am LONG
  • 11.54 am LONG
  • 1.41 pm LONG
S&P, DAX and Nasdaq traded down to the short targets, Crude Oil and EURO also traded a bit down but did not reach a new short target in the US session instead Crude Oil rallied, Bonds already at the last long target when the US market opened sold off

    Saturday, November 27, 2010

    Review 5th Week of November



    FDAX:
    Monday Oops Short Setup
    Tuesday Trend Continuation
    Wednesday Double Bottom Buy Setup
    Thursday Trend Continuation
    Friday Double Top Sell on S&P

    Crude Oil:
    Monday Oops Short Setup
    Tuesday Oops Long Setup at 9 am open
    Wednesday Range breakout after 10.30 am news
    Thursday Trend Continuation
    Friday Sell after Doji Day



    Friday, November 26, 2010

    26th November Friday






    FDAX:
    Strategy for trading on fridays is to enter low risk trend trades after 3.15 am, 4.00 am, between 5.10 am and 7 am, 8.15 am or 8.45 (on news days), 9.35 am, 10.30 am and 11.30 am

    after 3.00 am: Short below 6851 or Reversal at 6875 Long above 6862 or on Low Risk Entry Signal before the breakout. On Daily Chart waiting for a buy signal near the low of prior day or a break of prior day low for a sell off.
    • 3.14 am LONG
    • 4.00 am SHORT
    • 4.57 am SHORT
    • 7.15 am LONG
    • 8.56 am LONG
    after 9:30 am: Prior Day Closed on a Swing High so looking for Long Continuation. Short below 6812 or Reversal at 6852, Long above 6840 or on Low Risk Entry Signal before the breakout
    • 9.43 am LONG
    • 11.22 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 and 1.45 pm
    • 2.58 am LONG
    • 4.00 am SHORT
    • 7.06 am LONG
    • 9.05 am LONG
    • 12.07 am LONG

    Thursday, November 25, 2010

    25th November 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, 10.30 am

    after 3 am
    : Prior Day Closed on a Swing high so looking for a long continuation. Short below 6830, Long above 6847. Overbought on daily chart suggest a correction day, maybe with a breakout above prior day high.
    • 3.00 am short
    • 3.11 am LONG
    • 5.42 am LONG
    after 9:30: Short below 6840, Long above 6847 or on low risk entry signal before the breakout
    • 9.19 am LONG
    • 10.19 am LONG
    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 2.00 pm
    • 5.29 am LONG
    • 8.55 am LONG
    • 11.48 am SHORT
    S&P, Nasdaq, Euro and Crude Oil traded up as predicted but did not reach a target, only FDAX reached the long target and Bonds traded down and also did not reach any target.


    Wednesday, November 24, 2010

    24th November Wednesday





    FDAX:
    Strategy for trading on wednesday is to enter low risk trend trades after 3.05 am, 3.30 am, 4.05 am, 5.30 am, 8.10 am, 9.00 am and 10.30 am.

    after 3.00 am: Short below 6727, Long above 6744 or Reversal at 6732 or on low risk entry signal before the breakout. Below Prior Day Low Price could rally above 6825 as this pattern is seen as a higher low in an uptrend on the daily charts.
    • 3.04 am SHORT
    • 5.05 am LONG
    • 8.26 am LONG
    after 9.30 am: Short below 6792, Long above 6821
    • 10.17 am LONG
    • 11.30 am LONG
    Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves prior and after 10.30 am news so around 10.45 am
    • 3.33 am SHORT
    • 5.48 am LONG
    • 10.32 am LONG
    • 11.29 am LONG
    Nasdaq and FDAX reached the long targets, S&P traded slightly higher, bonds did not rebound but traded down, EURO reversed to the down side at 1.3420 and Crude Oil rallied after the 10.30 am news.

    Tuesday, November 23, 2010

    23th November Tuesday






    FDAX:
    Strategy for trading on tuesdays is to enter low risk trend trades after 2.45 am, 3.20 am, 5.30 am, 7.05 am - 8.20 am, 8.45 am, 9.30 am, 10.20 am.

    after 3 am:
    Long above 6850 or Reversal at Prior 6760 Support, Short below 6803 or on Reversal at Prior 6836 Resistance or low risk entry signal before the breakout. Break below 6800 would be a tripple bottom sell signal on the daily chart with target of 6722.
    • 3.09 am SHORT
    • 3.20 am LONG
    • 3.50 am LONG
    • 5.56 am LONG
    • 7.10 am SHORT
    • 9.14 am SHORT
    after 9:30 am: First a move in the direction of the gap fill on the S&P then the trend from this morning continues so most likely up. Short below 6800 , Long above 6829 or on low risk entry signal before the breakout
    • 9.50 am SHORT
    • 11.03 am SHORT
    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 1.30 pm
    • 3.22 am LONG
    • 6.22 am SHORT
    • 8.37 am SHORT
    • 9.02 am LONG
    • 11.55 am LONG
    • 1.44 pm SHORT
    S&P and Nasdaq traded down to the short targets immediatly after 9.30 am. Crude Oil did go up to the pivot point and FDAX traded down to the short targets later during the US session. Bonds rallied and EURO continued the short trend reaching the last short target.

    Monday, November 22, 2010

    22th November Monday






    FDAX:
    Strategy for trading on mondays is to enter low risk trend trades after 3.30 am, 4.15 am, 8.30 am, 9.35 am, 10.30 am

    after 3 am: Long above 6904 or Reversal between 6888- 6678, Short below 6896 or on Low Risk Entry Signal before the breakout. Oops setup on the daily charts suggests a sell down to at least the 6870 level.
    • 3.28 am SHORT
    • 4.19 am SHORT
    • 6.02 am short
    • 8.02 am short
    after 9:30 am: Prior Day Closed on a Swing HIGH so looking for LONG Continuation. Maybe first a gap fill on the S&P then the trend from this morning. Long above 6841, Short below 6828 or on Low Risk Entry Signal before the breakout
    • 9.46 am LONG
    • 10.22 am SHORT
    • 1.30 pm LONG
    Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 5.30 am, 9.00 am, 11.50 am and 2.00 pm.
    • 2.43 am short
    • 3.24 am LONG
    • 6.20 am SHORT
    • 9.02 am SHORT
    • 10.21 am SHORT
    • 1.30 pm LONG
    Today started with an Oops pattern, so I shorted the DAX in the morning. S&P and Nasdaq traded down to the almost the 2nd short targets. DAX also moved down to the pivot point, Euro and Crude Oil traded down to the 2nd short targets and bonds rallied.

      Saturday, November 20, 2010

      Review 4th Week of November





      Trading Plan: Targets based on daily charts



      Its important to keep the daily Average True Range in mind to find the right targets.

      Friday, November 19, 2010

      19th November Friday






      FDAX:
      Strategy for trading on fridays is to enter low risk trend trades after 3.15 am, 4.00 am, between 5.10 am and 7 am, 8.15 am or 8.45 (on news days), 9.35 am, 10.30 am and 11.30 am

      after 3.00 am: Short below 6828 Long above 6852 or on Low Risk Entry Signal before the breakout
      • 3.03 am LONG
      • 4.01 am SHORT
      • 5.19 am SHORT
      • 8.15 am LONG
      after 9:30 am: Prior Day Closed on a Swing High so looking for Long Continuation. Short below 6806, Long above 6817 or on Low Risk Entry Signal before the breakout
      • 9.35 am SHORT
      • 10.37 am LONG
      • 11.22 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 and 1.45 pm
      • 3.17 am LONG
      • 5.19 am SHORT
      • 9.41 am SHORT
      • 10.33 am LONG
      • 1.59 am LONG

      Thursday, November 18, 2010

      18th November 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, 10.30 am

      after 3 am
      : Prior Day Closed on a Swing high so looking for a long continuation. But because of huge gap maybe first a (half) gap fill. Short below 6767, Long above 6789.
      • 3.13 am SHORT
      • 3.44 am LONG
      • 5.30 am LONG
      after 9:30: Short below 6790, Long above 6807 or on low risk entry signal before the breakout
      • 10.05 am LONG
      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 2.00 pm
      • 3.37 am LONG
      • 5.00 am SHORT
      • 9.00 m SHORT
      • 10.41 am SHORT
      • 11.54 am LONG
      • 1.55 am short
      S&P, FDAX and Nasdaq reached the long targets. +Bonds traded lower reaching the short target. Euro and Crude Oil pulled back and then continued the long trend.


      Wednesday, November 17, 2010

      17th November Wednesday






















































      FDAX:
      Strategy for trading on wednesday is to enter low risk trend trades after 3.05 am, 3.30 am, 4.05 am, 5.30 am, 8.10 am, 9.00 am and 10.30 am.

      after 3.00 am: Prior day closed on a swing high, so looking for longcontinuation. Short below 6660, Long above 6684 or on low risk entry signal before the breakout
      • 2.44 am short
      • 3.10 am LONG
      • 5.11 am LONG
      • 6.12 am SHORT
      • 8.33 am LONG
      after 9.30 am: Short below 6681, Long above 6696
      • 10.04 am LONG
      • 11.13 am LONG
      Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves prior and after 10.30 am news so around 10.45 am
      • 2.36 am SHORT
      • 4.14 am LONG
      • 6.09 am SHORT
      • 7.35 am LONG
      • 8.44 am SHORT
      • 10.07 am LONG
      • 11.30 am SHORT
      S&P like the FDAX traded sideways, Nasdaq upmove reached the pivot point, Crude Oil and EURO traded higher but did not reach any pivot point from the daily technical newsletter before reversing to the short side again, however bonds reached 128 and then traded lower.