Tuesday, January 11, 2011

11th January Tuesday




FDAX:
Strategy for trading on tuesdays is to enter low risk trend trades after 3.20 am, 4.00 am, 5.00 am, 8.20 am, 9.00 am, 10.00 am

after 3 am:
Long above 6900 Short below 6887 or on low risk entry signal before the breakout. Prior day was bearish so looking for another short entry at the 50% level to trade down to prior day close or low.
  • 3.55 am SHORT
  • 5.09 am LONG
after 9:30 am: Short below 6916, Long above 6923 or on low risk entry signal before the breakout. On Daily Chart we are near the high of yesterday so we will go even higher if we break prior day high or lower for a Gap Fill Setup on the S&P.
  • 10.04 am LONG
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves after 8.00 am and 9 pm
  • 6.00 am LONG
  • 8.22 am LONG
  • 9.38 am SHORT
  • 10.03 am LONG
Trading Centrals Prediction was:
  • Correct for the S&P because a long setup did move the price up to the 1274 target (and next morning up to 1280 target)
  • Correct for the Euro because a short setup did move the price down to the 1.2910 target after that it also traded up to the pivot point at 1.3000, (and next morning up to 1.3050 target
  • Correct for the T-Bond because a short setup did move the price down to the 120'14 target.
  • Correct for the Crude Oil because a long setup did move the price up to the 90,75 target (and next morning up to 91.50 target).
  • Wrong for the FDAX because there was no setup that moved the price down to the 6843 target, but next morning it moved above the 6975 pivot up to the 7043 target.

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