Monday, December 6, 2010

6th December Monday




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

after 3 am: Long above 6968, Short below 6957 or on Low Risk Entry Signal before the breakout. After Fridays NFP News markets on monday morning most likely trade sideways, so I focus on trading after 9.30 am.
  • 3.44 am SHORT
  • 4.58 am LONG
  • 5.39 am short
  • 8.52 am LONG
after 9:30 am: Prior Day Closed on a Swing HIGH so looking for LONG Continuation. Maybe first a gap fill on the S&P then the trend from this morning. Long above 69641, Short below 6937 or on Low Risk Entry Signal before the breakout
  • 10.51 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.
  • 3.48 am SHORT
  • 5.07 am short
  • 9.22 am LONG
S&P, FDAX, Crude Oil and Nasdaq traded up but did no reach any long targets. Bonds traded higher and reached a long target. Euro reached the short target.

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