FDAX:
Strategy for trading on thursday is to enter low risk trend trades after 3.00 am, 4.00 am, 6.00 am, 7.15 am, 8.00 am, 10.00 am
after 3 am : Short below 7084, Long above 7100. Strong rally on prior day on the daily chart suggests a pullback to the 50% line at 7024, to prior cash market close at 7076 or to last swing high at 7059 and then maybe a test of the double top (current opening price).
Maybe first a gap fill on the S&P and then a rally above the double top.
after 3 am : Short below 7084, Long above 7100. Strong rally on prior day on the daily chart suggests a pullback to the 50% line at 7024, to prior cash market close at 7076 or to last swing high at 7059 and then maybe a test of the double top (current opening price).
- 3.05 am SHORT
- 5.05 am SHORT
- 8.14 am SHORT
Maybe first a gap fill on the S&P and then a rally above the double top.
- 9.34 am SHORT
- 10.00 am SHORT
- 10.44 am LONG
- 4.53 am SHORT
- 8.25 am SHORT
- 9.00 am LONG
- 10.24 am LONG
- 12.20 am SHORT
- Wrong for the S&P because a long setup did not move the price up to the 1287 target.
- Correct for the Euro because a long setup moved the price upto the 1.3315 target.
- Correct for the Bonds because a long setup did move the price up to the 121.04 target.(after 11 am)
- Wrong for the Crude Oil because a long setup did note move the price up to the 92.50 target.
- Wrong for the Fdax because a long setup did not move the price up to the 7105 target.
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