5th November Friday

FDAX:

Strategy for trading on fridays is to enter low risk trend trades after 3.15 am, 4.00 am, between 5.10 am and 7 am, 8.15 am or 8.45 (on news days), 9.45 am, 10.30 am and 11.30 am

after 3.00 am: Short below 6585 or Reversal at 6611, Long above 6595 or Reversal at 6580 or on Low Risk Entry Signal before the breakout

• 3.19 am SHORT
• 4.13 am SHORT
• 5.34 am SHORT
• 8.30 am LONG

after 9:30 am: Prior Day Closed on a Swing High so looking for Long Continuation. Short below 6624, Long above 6630 or Reversal at 6614 or on Low Risk Entry Signal before the breakout

• 9.36 am long
• 10.23 am LONG
• 11.36 am SHORT

Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 9.00 am and 1.45 pm

• 2.55 am short
• 10.43 am long
• 11.30 am SHORT
• 1.45 pm LONG

S&P and Nasdaq reached their long targets at the 8.30 am news event, EURO did not rebound but traded down to 1.4060 (I did expect that the good news for the dollar prevented the euro from rebounding) Crude Oil made a big rally after bouncing off the trendline at 86 and finally reached the 87.20 target