Wednesday, December 29, 2010

29th 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 7000, Long above 7003 or on low risk entry signal before the breakout. First up to Prior Day High Price then maybe a sell off to 6993 or a continuation of the long trend..
  • 3.05 am LONG
  • 5.05 am LONG
  • 8.27 am LONG
after 9.30 am: Short below 7011, Long above 7021
  • 10.54 am SHORT
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
  • 4.22 am SHORT
  • 9.00 am LONG
  • 9.52 am long
  • 11.11 am SHORT
Trading Centrals Prediction was:
  • Wrong for the S&P as a long setup did not move the price up to the 1260 long target.
  • Wrong for the Euro as a short setup did not move the price down to the 1.3080 short target.
  • Correct for the T-Bond as a short setup did move the price down to the 119.12 target.
  • Wrong for the Crude Oil as a short setup did not move the price down to the 90.75 target.
  • Wrong for the FDAX as there was no short setup that moved move the price down to the 6971 target.

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