Monday, December 20, 2010

20th December Monday



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FDAX:
Strategy for trading on mondays is to enter low risk trend trades after 3.30 am, 4.15 am, 5.00 am - 6.00 am, 8.30 am, 9.35 am, 10.30 am

after 3 am: Long above 7012, Short below 7004 or on Low Risk Entry Signal before the breakout. On daily charts we have an Oops setups as we opened below fridays close, so expecting to hit fridays open price.
  • 3.06 am LONG
  • 4.06 am SHORT
  • 5.28 am LONG
after 9:30 am: On Daily Chart we have an Oops setups if we trade below prior day high, so it looks like we maybe first a gap fill on the S&P then continue the trend from this morning so we will have a positive close. Long above 7070, Short below 7067 or on Low Risk Entry Signal before the breakout
  • 9.53 am SHORT
  • 10.55 am SHORT
Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 5.30 am, 9.00 am, 11.50 am and 2.00 pm.
  • 6.50 am LONG
  • 8.27 am SHORT
  • 9.17 am SHORT
  • 11.22 am LONG
  • 1.56 am LONG
Trading Centrals Prediction was:
  • Wrong for the S&P as a long setup above 1242 did not move the price up to the 1247 long target
  • Correct for the Euro as a short setup below 1.3215 did move the price down to almost the 1.3085 short target
  • Correct for the T-Bond as long setup at 7.40 am did move prices up to the first target, but the more profitable traded happend later on: A sell down to the pivot at 120'19.25
  • Wrong for the Nasdaq as a long setup above 2225 did not move the price up to the 2240 long target.
  • Correct for Crude Oil as a short setup did move the price down to 87,75
  • Wrong for the FDAX as price as price only moved down after 8 am.

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