Thursday, December 16, 2010

16th December Thursday




FDAX:
Strategy for trading on thursday is to enter low risk trend trades after 3.15 am, 4.00 am, 5.30 am, 7.15 am, 8.30 am, 9.30 am, 10.30 am

after 3 am
: Short below 7003, Long above 7016. Looks like a trend continuation on daily chart if we break above prior day high, so maybe first see a rally to prior day high and then a sell off or a trend continuation.
  • 3.25 am LONG
  • 5.30 am SHORT
  • 7.05 am SHORT
after 9:30: Short below 7024, Long above 7037 or on low risk entry signal before the breakout
  • 9.36 am LONG
  • 9.54 am SHORT
  • 10.59 am LONG
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for a move after 9.00 am and 12.00 pm
  • 2.40 am SHORT
  • 4.39 am SHORT
  • 9.09 am LONG
  • 9.53 am SHORT
  • 11.10 am LONG
S&P reached the short target, Nasdaq and FDAX reached their long targets, Oil traded sideways and Bonds reached the short target.

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