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.

    No comments:

    Post a Comment