Thursday, January 20, 2011

20th January Thursday









FDAX:
Strategy for trading on thursday is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 7.15 am, 8.00 am, 10.00 am, 12 pm

after 3 am
: Long above 7096, Short below 7074. Strong sell off on prior day on the daily chart suggests a pullback to the 50% line at 7133 or to prior cash market close at 7090, a good place to buy might be the 7060 level (low of the week and pivot point from trading central)
  • 3.18 am SHORT
  • 4.00 am LONG
  • 5.06 am SHORT
  • 8.31 am LONG
after 9:30: Short below 7034, Long above 7052 or on low risk entry signal before the breakout
Maybe first a gap fill on the S&P and then the short trend continues.
  • 9.07 am SHORT
  • 10.18 am SHORT
  • 11.47 am LONG
Euro Trades: I am looking for a move after 3.00 am, 8.00 am, 10.00 am, 11.00 am
  • 3.23 am LONG
  • 7.55 am SHORT
  • 10.18 am SHORT
  • 11.10 pm LONG
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for a move after 4.00 am, 5.00 am, 8.00 am, 9.00 am, 10 am and 12.00 pm
  • 5.14 am SHORT
  • 8.38 am SHORT
  • 10.16 am SHORT
  • 11.00 am LONG
Trading Centrals Prediction was:
  • Correct for the S&P because a long setup did move the price up to the 1282 target (next morning)
  • Correct for the Euro because a long setup did not move the price up to the 1.3540 target (next morning)
  • Correct for the Bonds because a short setup did move the price down to the 120.02 target.
  • Correct for the Crude Oil because a short setup did move the price down to the 89.30 target.
  • Wrong for the Fdax because a long setup did not move the price up to the 7137 target.

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