Tuesday, November 16, 2010

16th 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: Prior Day Closed on a Swing Low so looking for Short Continuation.
Long above 6770 or Reversal at Prior 6750 Support, Short below 6744 or on Reversal at Prior 6797Resistance or low risk entry signal before the breakout
  • 2.59 am short
  • 3.28 am LONG
  • 4.27 am LONG
  • 5.24 am SHORT
  • 7.38 am LONG
  • 8.42 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 6732 , Long above 6761 or on low risk entry signal before the breakout
  • 10.20 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
  • 2.57 am SHORT
  • 3.55 am SHORT
  • 8.33 am SHORT
  • 9.50 am SHORT
  • 2.04 pm SHORT
S&P, DAX, Crude Oil, EURO, Bonds and Nasdaq reached the short targets

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