Tuesday, December 14, 2010

14th December 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 7030 or Reversal at Prior 7000 Support, Short below 7020 or on Reversal at Prior 7040 Resistance or low risk entry signal before the breakout. If we go above of yesterday high we might see a sell off otherwise a break of yesterdays high starts a rally.
  • 3.21am SHORT
  • 4.36 am LONG
  • 8.00 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 7018 , Long above 7027 or on low risk entry signal before the breakout
  • 9.59 am long
  • 11.20 am long
  • 2.40 am short
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
  • 2.40 am LONG
  • 5.19 am LONG
  • 6.47 am short
  • 9.01 am SHORT
  • 10.22 am LONG
  • 11.27 am long
  • 1.45 am SHORT
Only Bonds reached the short target today, Euro traded down to the pivot and then continued the long trend. All other markets filled the gaps and then contined their long trends.

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