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.

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