Wednesday, December 1, 2010

1st December Wednesday



FDAX:
Strategy for trading on wednesday is to enter low risk trend trades after 3.05 am, 3.30 am, 4.05 am, 5.30 am, 8.10 am, 9.00 am and 10.30 am.

after 3.00 am: Short below 6727, Long above 6744 or Reversal at 6732 or on low risk entry signal before the breakout. Above Prior Day High Price could cause a rally to 6783 because yesterday is seen as a doji on the daily charts.
  • 2.16 am long
  • 3.04 am LONG
  • 4.15 am SHORT
  • 5.14 am LONG
  • 7.44 am LONG
after 9.30 am: Short below 6813, Long above 6847
  • 9.28 am LONG
  • 11.12 am LONG
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves prior and after 10.30 am news so around 10.45 am
  • 3.10 am LONG
  • 5.22 am LONG
  • 9.07 am long
  • 11.43 am LONG
S&P, FDAX and Nasdaq reached the long targets. EURO already reached the first long target after 8.15 am news and Bonds traded down to the last short target.

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