Friday, January 14, 2011

14th 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, 7.00 am, 8.00 am or 8.45 (on news days), 9.30 am, 10.30 am and 1.00 pm

after 3.00 am: Short below 6985 Long above 7065 or on Low Risk Entry Signal before the breakout. On Daily Chart we had an oops setup yesterday so looking forward to short the 50% line at 7071 and then long after 7.00 am up to the double top.
  • 3.00 am long
  • 4.54 am SHORT
  • 7.02 am SHORT
after 9:30 am: Short below 7044, Long above 7050 or on Low Risk Entry Signal before the breakout
  • 9.36 am LONG
  • 10.30 am LONG
Euro Trades: I am looking for a move after 2.00 am, 4.00-5.00 am, 11.00 am
  • 2.00 am LONG
  • 11 am SHORT
Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 10.00, 12.00 am and 2.00 pm
  • 4.00 am SHORT
  • 7.42 am LONG
  • 10.00 am LONG
  • 11.51 am LONG
Trading Centrals Prediction was:
  • Correct for the S&P because a long setup did move the price up to the 1290 target.
  • Wrong for the Euro because a short setup did not move the price down to the 1.3250 target.
  • Correct for the T-Bond because a long setup moved the price uo to the 122 target.
  • Correct for Crude Oil because a long setup did move the price up to the 92 target.
  • Correct for the FDAX because a long setup did move the price up to the 7105 target

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