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 : Prior Day Closed on a Swing high so looking for a long continuation. Short below 6874, Long above 6889. Overbought on daily chart suggest a correction day, maybe with a breakout above prior day high or a pullback to 50% of prior days range or prior day cash market close at 6863.
after 3 am : Prior Day Closed on a Swing high so looking for a long continuation. Short below 6874, Long above 6889. Overbought on daily chart suggest a correction day, maybe with a breakout above prior day high or a pullback to 50% of prior days range or prior day cash market close at 6863.
- 2.27 am long
- 2.50 am short
- 3.37 am SHORT
- 4.04 am LONG
- 5.30am SHORT
- 7.13 am long
- 8.34 am SHORT
- 9.28 am LONG
- 10.53 am LONG
- 2.22 am long
- 3.36 am SHORT
- 9.35 am LONG
- 12.12 pm LONG
S&P, FDAX and Nasdaq reached the long targets. Euro reached the long target, Bonds did not move down as predicted but traded higher reaching the first long target. Crude Oil reached the first target with the 9.30 am rally and the 2nd target after the 12 pm rally.
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