Thursday, December 23, 2010

23th 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 7096, Long above 7100. Looks like a trend continuation on daily chart if we break above prior day high, or a break below prior days low might cause a sell off.
  • 3.08 am SHORT
  • 7.38 am SHORT
  • 8.27 am LONG
  • 9.56 am LONG
after 9:30: Short below 7024, Long above 7037 or on low risk entry signal before the breakout
  • 9.36 am LONG
  • 10.16 am SHORT
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
  • 3.02 am SHORT
  • 5.22 am LONG
  • 6.53 am SHORT
  • 9.38 am LONG
  • 11.00 am LONG
Trading Centrals Prediction was:
  • Wrong for the S&P as a long setup did move the price up to the 1257 long target.
  • Correct for the Euro as a short setup did move the almost price down to the 1.3070 short target.
  • Correct for the Crude Oil as a long setup moved the price up to the 91.20 target.
  • Wrong for the FDAX as a long setup did move the price up to the 7110 long target.

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