Tuesday, January 18, 2011

18th January 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

after 3 am:
Long above 7090 Short below 7090 or on low risk entry signal before the breakout. Oops Setup on
Daily Chart so looking forward to hold the long position till close or US market open.
  • 2.40 am long
after 9:30 am: Short below 7136, Long above 7143 or on low risk entry signal before the breakout. On Daily Chart we had indeed an oops setup this morning so looking forward to trade long up to 7175.
  • 9.16 am LONG
Euro Trades: I am looking for a move after 3.00 am, 9.00 am, 10.30 am
  • 3.30 am LONG
  • 9.20 am LONG
  • 10.30 am SHORT
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
  • 3.00 am LONG
  • 5.45 am SHORT
  • 9:01 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 1296 target (tuesdays 1 pm setup)
  • Correct for the Euro because a long setup did move the price up to the 1.3450 target.
  • Correct for the T-Bond because a short setup did move the price down to the 120'02 target.
  • Correct for the Crude Oil because a short setup almost moved the price down to the 90,20 target
  • Correct for the FDAX because a long setup did move the price up to the 7175 target (holding overnight)
Conclusion: In addition to Trading Centrals Targets use targets on daily charts that are near the "extreme" targets. Its much more likely to get filled at prior days close/open price than on the lows and highs, this way todays short target for crude oil would have been 90,60 and not 90,20...

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