Tuesday, November 2, 2010

2th 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:
Long above 6613 or Reversal at Prior 6570 Support, Short below 6593 or on Reversal at Prior 6626 Resistance or low risk entry signal before the breakout
  • 3.05 am LONG
  • 4.20 am LONG
  • 5.40 am LONG
  • 7.29 am LONG
  • 8.31 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 6657 or Reversal at 6680, Long above 6665 or on Reversal at 6650 or on low risk entry signal before the breakout
  • 9.24 am LONG
  • 10.31 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
  • 3.50 am SHORT
  • 7.19 am LONG
  • 9.00 am SHORT
  • 12.13 pm LONG
  • 1.26 pm short
Nasdaq jumped after the 9.30 am open up to the long target, S&P did not have a low risk long signal after 9.00 am so I traded the gap fill short setup and then later the long setup to reach the first target. Euro hit 1.4040, Crude Oil hit 84 and DAX 6678 before the US market opened.

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