Thursday, November 11, 2010

11th 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 6664, Long above 6671.
  • 3.00 am SHORT
  • 5.16 am LONG
  • 6.27 am SHORT
after 9:30: Short below 6735, Long above 6744 or on low risk entry signal before the breakout
  • 10.08 am LONG
  • 11.48 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
  • 5.40 am LONG
  • 6.27 am SHORT
  • 8.36 am SHORT
S&P and DAX traded sideways, Nasdaq reached the short target and then traded higher.
Bonds and EURO also reached the short targets.


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