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 6636 Long above 6663 or on Low Risk Entry Signal before the breakout
- 3.07 am SHORT
- 3.34 am long
- 4.14 am LONG
- 5.58 am SHORT
after 9:30 am: Prior Day Closed on a Swing High so looking for Long Continuation. Short below 6720, Long above 6733 or on Low Risk Entry Signal before the breakout
- 9.33 am LONG
- 10.26 am SHORT
- 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
- 2.36 am short
- 5.26 am long
- 8.31 am LONG
- 9.54 am LONG
- 10.20 am SHORT
- 11.51 am SHORT
S&P and Nasdaq traded higher after the 9.30 am US Cash Market Opening however the downtrendline stopped the upmove so no long targets got hit but nasdaq moved down to the pivot line so I made a nice short trade. The closing price of the 60 min swing low that started yesterday evenings down move would have been like for the FDAX in the morning the perfect spot to exit the long positions. Nevertheless DAX reached the long target at 10.15 am and Bonds traded lower.
Instead of only looking at the targets from trading central I will also draw in my charts what I think the first target will be, cash in profits and then try to make an re-entry to reach the long targets from trading central. In case of crude oil the prediction for an uptrend was wrong so I traded short down to the first target which was also the camarilla pivot.
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