Tuesday, November 30, 2010

30th 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 6750 or Reversal at Prior 6720 Support, Short below 6712 or on Reversal at Prior 6781 Resistance or low risk entry signal before the breakout. Opening near the low of yesterday signals a chance for a rally otherwise a reversal at 6781 would be a sell signal on the daily chart with target of 6722.
  • 3.10 am SHORT
  • 4.45 am LONG
  • 6.51 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 6660 , Long above 6682 or on low risk entry signal before the breakout
  • 9.45 am LONG
  • 12.50 am long
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves after 9.00 am and 1.30 pm
  • 3.30 am SHORT
  • 4.38 am LONG
  • 7.05 am SHORT
  • 9.40 am LONG
  • 1.30 am SHORT
S&P, DAX and Nasdaq traded lower and then higher but did not reach a target after 9.30 am. Euro and Bonds rallied but also did not reach any target after 9.30 am...Only crude oil sunk down to the short target after 1.30 pm.

No comments:

Post a Comment