Wednesday, January 19, 2011

19th 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 (short).

after 3.00 am: Long above 7175, Short below 7172 or on low risk entry signal before the breakout. Trend Continuation on Daily Chart or Gap Fill.
  • 3.01 am SHORT
  • 4.00 am SHORT
  • 5.56 am SHORT
  • 8.02 am SHORT
after 9.30 am: Short below 7147, Long above 7151. On daily chart the next short targets are 50% at 7125 and prior low at 7085.
  • 9.35 am SHORT
  • 10.17 am SHORT
  • 11.00 am LONG
Euro Trades: I am looking for a move after 5.30 am, 7.00 am, 8.40 am
  • 7.00 am LONG
  • 8.50 am 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, 10.45 am
  • 8.57 am SHORT
  • 10.46 am LONG
  • 1.53 PM SHORT
Trading Centrals Prediction was:
  • Wrong for the S&P because a short setup did not move the price down to the 1279 target.
  • Wrong for the Euro because a long setup did not move the price up to the 1.3570 target.
  • Wrong for the T-Bond because long setup did not move the price down to the 120.31 target. (after 11 am)
  • Correct for Crude Oil because a short setup did move the price down to the 91.50 target.
  • Wrong for the FDAX because a long setup did not move the price up to the 7189 target.

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