Thursday, December 30, 2010

30th 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 6956, Long above 6967. Inverted hammer on daily chart suggest a rally if we break above prior days high with targets 6988, 7035 and 7100, if we go first short a target is the 50% line at 6916.
  • 3.01 am LONG
  • 4.11 am LONG
  • 5.38 am LONG
after 9:30: Short below 6912, Long above 6940 or on low risk entry signal before the breakout
  • market closed
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
  • 5.24 am SHORT

  • 9.15 am SHORT
  • 9.34 am LONG
  • 11.10 am SHORT
Trading Centrals Prediction was:
  • Wrong for the S&P as a long setup did move the price up to the 1260 target.
  • Correct for the Euro as a long setup almost moved the price up to the 1.3290 target.
  • Correct for the Bonds as a short setup almost moveed the price down to the 121.14 target.
  • Correct for the Crude Oil as a short setup almost moved the price down to the 90 target.
  • Correct for the Fdax as a longsetup moved the price upto the 7100 target.

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