Monday, January 31, 2011

31th January Monday






FDAX:
Strategy for trading on mondays is to enter low risk trend trades after 3.00 am, 3.30 am, 4.30 am, 5.00 am, 6.00 am, 8.30 am, 9.30 am, 10.20 am

after 3 am: Long above 7106, Short below 7094 or on Low Risk Entry Signal before the breakout. On daily charts we can see a consolidation so target is either the 50% line at 7132 or fridays open at 7162 or a rally up to fridays swing high at 7175. Breaking below Fridays low triggers a decline to 7040 target.
  • 3.05 am SHORT (till prior low at 7080 or target at 7040)
  • 5.00 am LONG (counter trend till swing low at 7090)
  • 7.30 am LONG (till prior cash market close at 7113)
  • 9.08 am SHORT (till swing high at 7084)
after 9:30 am: Long above 7112, Short below 7093 or on Low Risk Entry Signal before the breakout
  • 10.22 am LONG (till swing high at 7108)
Euro Trades: I am looking for a move after 5.30 am, 8.00, 10 am, 12 pm
  • 3.57 am LONG (till 50% at 1.3658)
  • 7.14 am LONG (till prior day open at 1.3707)
  • 8.17 am LONG (till target at 1.3760)
  • 10.20 am LONG (till prior day high at 1.3732)
  • 12.11 am SHORT(till 50% at 1.3654)
Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 4.00 am, 9.00 am, 10.00 am or 11 am, 12.00 pm, 1.30 pm
  • 5.16 am SHORT (till 50% at 87.60)
  • 7.26 am LONG (till 90,43)
  • 8.23 am SHORT (oops till 50% at 87,84)
  • 10.18 am LONG (till currend day high at 90,22)
  • 11.56 am LONG (till target at 92,45)
Trading Centrals Prediction was:
  • Correct for the S&P because a short setup that did not move the price down to the 1262 target.
  • Wrong for the Euro because a long setup did not move the price up to the 1.3760 target.
  • Correct for Crude Oil because a long setup did move the price up to the 92,45 target
  • Wrong for the FDAX because a long setup did not move the price up to the 7150 target.

    Sunday, January 30, 2011

    Saturday, January 29, 2011

    Friday, January 28, 2011

    29th January Friday





    FDAX:
    Strategy for trading on fridays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.00 am or 8.45 (on news days), 9.00 am, 10.00 am and 1.00 pm

    after 3.00 am: Long above 7069 Short below 7059 or on Low Risk Entry Signal before the breakout. On Daily Chart we had a double top yesterday so looking for a short trade till 50% at 7155 and then maybe to prior swing low at 7134 or a rally to prior close at 7177.
    • 3.23 am SHORT (no entry as target 50% was too close)
    • 4.36 am LONG (till prior close at 7177 )
    • 8.43 am SHORT (till current day open at 7161)
    after 9:30 am: Short below 7167, Long above 7173 or on Low Risk Entry Signal before the breakout
    • 9.56 am SHORT (till prior day swing low at 7134 or target at 7109)
    • 10.56 am SHORT (till target at 7060)
    • 1.00 pm SHORT
    Euro Trades: I am looking for a move after 1.30 am, 4.00-5.00 am, 8.30 am, 10.00 am
    • 2.00 am SHORT (till prior day swing low at 1.3679)
    • 4.30 am LONG (till prior day close at 1.3725)
    • 8.47 am SHORT (till prior day swing low at 1.3579)
    • 10.01 am SHORT (till target at 1.3575)
    • 1.00 pm SHORT
    Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 8.00 am, 10.00, 12.00 am
    • 8.31 am LONG (till 50% at 86.44)
    • 9.28 am LONG (till prior open at 86.90 or high at 87.)
    • 10.42 am LONG (till target at 87.80 or 89)
    • 1.00 pm SHORT
    Trading Centrals Prediction was:
    • Correct for the S&P because a short setup did move the price down to the 1277 target.
    • Correct for the Euro because a short setup did move the price down to the 1.3575 target.
    • Correct for Crude Oil because a long setup did move the price up to the 89 target.
    • Correct for the FDAX because a short setup did move the price down to the 7060 target (on monday).

      Thursday, January 27, 2011

      27th January Thursday






      FDAX:
      Strategy for trading on thursday is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 7.15 am, 8.00 am, 9.00 am, 10.00 am, 12 pm

      after 3 am
      : Long above 7156, Short below 7146. Oops Setup on Daily chart so first a move down to 50% is likely.
      • 2.52 am SHORT (till 50% at 7131.50)
      • 4.35 am LONG (till target at 7182)
      • 8.30 am SHORT (till prior close at 7147)
      after 9:30: Short below 7172, Long above 7176 or on low risk entry signal before the breakout.
      • 9.10 am LONG (till target at 7189)
      • 11.56 am LONG (till target at 7240)
      Euro Trades: I am looking for a move after 3.00 am, 5.00 am, 8.00 am, 10.00 am, 11.00 am
      • 2.40 am SHORT (till prior day low at 1.3630)
      • 4.00 am LONG (till target at 1.3735)
      • 5.30 am LONG (till target at 1.3735)
      • 8.30 am LONG (till target at 1.3750)
      • 10.12 am LONG (till target at 1.3750)
      • 11.00 am SHORT (till swing low at 1.3663)
      Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for a move after 4.00 am, 5.00 am, 8.00 am, 9.00 am, 10 am, 11 am and 12.00 pm
      • 2.50 am SHORT (till prior open at 86.37)
      • 6.00 am LONG (till prior days close at 87.13)
      • 10.02 am SHORT (till target at 85.81)
      • 11.00 am SHORT (till target at 85.81)
      Trading Centrals Prediction was:
      • Correct for the S&P because a long setup did move the price up to the 1297 target.
      • Correct for the Euro because a long setup did move the price up to the 1.3805 target
      • Wrong for Crude Oil because a long setup did not move the price up to the 87.80 target.
      • Correct for the Fdax because a long setup did almost move the price up to the 7189 target.

        Wednesday, January 26, 2011

        26th January Wednesday




        FDAX:
        Strategy for trading on wednesday is to enter low risk trend trades after 3.00 am, 3.30 am, 4.00 am, 5.00 am, 8.00 am, 9.00 am and 10.00 am.

        after 3.00 am: Long above 7105, Short below 7094 or on low risk entry signal before the breakout. Long Trend Continuation on Daily Chart.
        • 3.17 am LONG (till prior day high)
        • 4.02 am LONG (till 7154 range extension)
        • 5.20 am LONG (till daily swing high at 7181)
        • 9.12 am LONG (till swing high at 7160)
        after 9.30 am: Short below 7133, Long above 7138. On daily chart reached already the daily goal so a double top at 7189 and sell off is more likely.
        • 10.22 am LONG (till swing high at 7158)
        Euro Trades: I am looking for a move after 3.00 am, 5.30 am, 7.00 am - 8.00 am, 10-11 am
        • 3.06 am LONG (till 1.3700)
        • 7.30 am SHORT (oops setup till 50% at 1.3628)
        • 10.13 am LONG
        • 12.27 pm SHORT
        Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves at 4.00 am, 8.00 am, 9.00 am, 11.00 am
        • 4.30 am LONG (till 50% at 86.98)
        • 8.27 am SHORT (gap fill till 86.25)
        • 9.13 am SHORT (till pivot at 86)
        • 10.51 am SHORT(till swing high at 86.88)
        • 1.00 PM LONG (till target at 87.50)
        Trading Centrals Prediction was:
        • Correct for the S&P because a short setup did not move the price down to the 1296 target.
        • Wrong for the Euro because a long setup did not move the price up to the 1.3735 target (only next morning it reached the target).
        • Correct for Crude Oil because a short setup did move the price up to the 87.50 target.
        • Correct for the FDAX because a long setup did move the price up to the 7189 target (next morning)

          Tuesday, January 25, 2011

          25th Januar Tuesday





          FDAX:
          Strategy for trading on tuesdays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.20 am, 9.00 am, 10.20 am, 3 pm

          after 3 am:
          Long above 7086 Short below 7077 or on low risk entry signal before the breakout. Oops Short Setup on
          Daily Chart but also long continuation pattern (hammer) so looking forward to hold the long position till close or US market open or short below 7077.
          • 3.14 am SHORT (till prior swing low at 7079)
          • 4.30 am SHORT (till prior swing low at 7079)
          • 5.02 am LONG (till prior swing high at 7105)
          after 9:30 am: Short below 7088, Long above 7101 or on low risk entry signal before the breakout. On Daily Chart we had indeed an oops short setup this morning but we might also go long up to 7125 if we break prior days high.
          • 9.35 am SHORT
          • 10.04 am SHORT (till todays low at 7066 )
          • 3.00 pm LONG
          Euro Trades: I am looking for a move after 3.00 am, 9.00 am, 10.20 am
          • 3.23 am SHORT (till prior swing low at 1.3570)
          • 7.00 am SHORT (till prior swing low at 1.3570)
          • 10.19 am LONG (till prior swing high at 1.3672)
          • 1.30 pm LONG
          Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves after 5.00 am, 8.00 am - 9 am and 10 am
          • 4.57 am SHORT (till 8 am)
          • 11.12 am SHORT (till target at 86)
          Trading Centrals Prediction was:
          • Correct for the S&P because a long setup did move the price up to the 1292 target (setup at 3 pm target reached next morning)
          • Correct for the Euro because a long setup did move the price up to the 1.3690 target.
          • Correct for the Crude Oil because a short setup almost moved the price down to the 86 target
          • Correct for the FDAX because a long setup did move the price up to the 7125 target (next morning).

            Monday, January 24, 2011

            24th January Monday








            FDAX:
            Strategy for trading on mondays is to enter low risk trend trades after 3.00 am, 3.30 am, 4.30 am, 5.00 am, 6.00 am, 8.30 am, 9.30 am, 10.20 am

            after 3 am: Long above 7094, Short below 7083 or on Low Risk Entry Signal before the breakout. On daily charts we can see a consolidation so target is either the 50% line at 7082 or fridays open at 7050 or a rally up to fridays high at 7132.
            • 3.10 am SHORT (oops till prior open 7050 or swing low at 7043)
            • 3.52 am SHORT (oops till short target 7020 or 7000)
            • 6.00 am SHORT (60 min timing till 7000)
            • 9.07 am SHORT
            after 9:30 am: Long above 7045, Short below 7032 or on Low Risk Entry Signal before the breakout
            • 10.26 am LONG (10 min countertrend till 7079)
            Euro Trades: I am looking for a move after 5.30 am, 8.00-10 am,
            • 2.00 am SHORT (correction till 50% at 1.3533)
            • 6.06 am SHORT
            • 7.09 am LONG
            • 8.00 am LONG (60 min timing till 1.3640)
            • 10.32 am LONG (10 min trend till 1.3680)
            Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 4.00 am, 9.00 am, 10.00 am or 11 am and 1.00 pm.
            • 3.27 am SHORT (oops till short target at 88.60 or 88.20)
            • 9.10 am SHORT (60 min timing till 88)
            • 10.30 am LONG (10 min countertrend)
            • 1.07 am LONG
            Trading Centrals Prediction was:
            • Correct for the S&P because a long setup that did move the price almost up to the 1292 target (next day).
            • Correct for the Euro because a long setup did move the price upto the 1.3640 target.
            • Correct for Crude Oil because a long setup did move the price down to the 88 target
            • Wrong for the FDAX because a long setup did not move the price up to the 7125 target.

              Saturday, January 22, 2011

              Trading Plan: Every Hour ONE Trade



              Trading Plan: News Breakout




              There are 4 possible outcomes of a news trade depending on which trendline got broken:
              • Trend continuation till double top (see FDAX chart first long)
              • Trend reversal after rally to double top (see FDAX chart short move)
              • New Trend after consolidation (see Euro chart long move)
              • No reaction (see Crude Oil chart)

              Week 03 Euro LONG, Dax & Nasdaq LONG & SHORT, Crude Oil SHORT






              Euro Swing trade from tuesday to friday was very profitable this week. Also we had pretty good trends after:
              Monday 6.30 am and 8 am
              Tuesday 2.30 am and 9 am and 10.30 am
              Wednesday 5.30 am or 7.00 am and 8.40 am
              Thursday 3.30 am and 7.40 am and 10 am
              Friday 1.30 am and 4.10 am and 8.40 am and 10.20 am

              added an exit rule for the EURO to close long trades with a trail stop
              below the 10 min bars between 8 and 10 am

              Fdax pretty much traded as usual:
              trend changes on 3-5 am and 8-10 am

              Itsamazing that entries near a full hour are very profitable
              and clearly to see as most trends start and end at these important times.

              Crude Oil: I traded one good trend per session closing the shorts after 11 am and longs after 12 pm
              with a trail stop below/above 10 min bars.

              Trading Plan: The best Targets: Camarilla L4 & H4, Range of Prior day or for Inside Days Last Swing Low/High








              It really makes sense to stop trading and exit a position when todays trading range is about the same as prior days. (See Blue Triangles on Daily Charts)

              For Inside Days (if we dont trade above below prior days range) it makes sense to exit at the last swing high or low (Closing Price of 60 Min Bars of Prior Day)

              Friday, January 21, 2011

              21th January Friday







              FDAX:
              Strategy for trading on fridays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 6.30 - 7.00 am, 8.00 am or 8.45 (on news days), 9.00 am, 10.00 am and 1.00 pm

              after 3.00 am: Long above 7067 Short below 7060 or on Low Risk Entry Signal before the breakout. On Daily Chart we had a hammer yesterday so looking forward to short the 50% line at 7054 or the fdax close at 7066 with short targets at 7035 or 7020. After the double bottom we might go long above 7067 up to prior day high at 7095 or 7112,5 target.
              • 3.08 am long (fdax gap fill till 7060)
              • 3.15 am SHORT (cash market gap fill till 7035)
              • 4.54 am LONG (oops till prior open)
              • 6.30 am LONG (oops till prior high)
              • 9.11 am LONG (above prior high till 7125)
              after 9:30 am: Short below 7095, Long above 7103 or on Low Risk Entry Signal before the breakout
              • 10.03 am SHORT (s&p gap fill after target was reached till 7064)
              Euro Trades: I am looking for a move after 1.30 am, 4.00-5.00 am, 8.30 am, 10.30 am
              • 2.00 am LONG (till 1.3545 target)
              • 4.00 am SHORT (60 min timing till 1.3500)
              • 8.46 am LONG (till 1.3570)
              • 10.38 am LONG (till 1.3600)
              Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 8.00 am, 10.00, 12.00 am
              • 8.00 am SHORT (donchian channel break till 89.30)
              • 10.06 am SHORT (till 88.60)
              Trading Centrals Prediction was:
              • Correct for the S&P because a long setup did move the price up to the 1287 target.
              • Correct for the Euro because a long setup did move the price up to the 1.3570 target.
              • Wrong for the T-Bond because a short setup did not move the price down to the 119,08 target.
              • Correct for Crude Oil because a short setup did move the price down to the 89.30 target.
              • Correct for the FDAX because a long setup did move the price up to the 7125 target