Monday, January 24, 2011

24th January Monday








FDAX:
Strategy for trading on mondays is to enter low risk trend trades after 3.00 am, 3.30 am, 4.30 am, 5.00 am, 6.00 am, 8.30 am, 9.30 am, 10.20 am

after 3 am: Long above 7094, Short below 7083 or on Low Risk Entry Signal before the breakout. On daily charts we can see a consolidation so target is either the 50% line at 7082 or fridays open at 7050 or a rally up to fridays high at 7132.
  • 3.10 am SHORT (oops till prior open 7050 or swing low at 7043)
  • 3.52 am SHORT (oops till short target 7020 or 7000)
  • 6.00 am SHORT (60 min timing till 7000)
  • 9.07 am SHORT
after 9:30 am: Long above 7045, Short below 7032 or on Low Risk Entry Signal before the breakout
  • 10.26 am LONG (10 min countertrend till 7079)
Euro Trades: I am looking for a move after 5.30 am, 8.00-10 am,
  • 2.00 am SHORT (correction till 50% at 1.3533)
  • 6.06 am SHORT
  • 7.09 am LONG
  • 8.00 am LONG (60 min timing till 1.3640)
  • 10.32 am LONG (10 min trend till 1.3680)
Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 4.00 am, 9.00 am, 10.00 am or 11 am and 1.00 pm.
  • 3.27 am SHORT (oops till short target at 88.60 or 88.20)
  • 9.10 am SHORT (60 min timing till 88)
  • 10.30 am LONG (10 min countertrend)
  • 1.07 am LONG
Trading Centrals Prediction was:
  • Correct for the S&P because a long setup that did move the price almost up to the 1292 target (next day).
  • Correct for the Euro because a long setup did move the price upto the 1.3640 target.
  • Correct for Crude Oil because a long setup did move the price down to the 88 target
  • Wrong for the FDAX because a long setup did not move the price up to the 7125 target.

    No comments:

    Post a Comment