Thursday, January 27, 2011

27th 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, 9.00 am, 10.00 am, 12 pm

after 3 am
: Long above 7156, Short below 7146. Oops Setup on Daily chart so first a move down to 50% is likely.
  • 2.52 am SHORT (till 50% at 7131.50)
  • 4.35 am LONG (till target at 7182)
  • 8.30 am SHORT (till prior close at 7147)
after 9:30: Short below 7172, Long above 7176 or on low risk entry signal before the breakout.
  • 9.10 am LONG (till target at 7189)
  • 11.56 am LONG (till target at 7240)
Euro Trades: I am looking for a move after 3.00 am, 5.00 am, 8.00 am, 10.00 am, 11.00 am
  • 2.40 am SHORT (till prior day low at 1.3630)
  • 4.00 am LONG (till target at 1.3735)
  • 5.30 am LONG (till target at 1.3735)
  • 8.30 am LONG (till target at 1.3750)
  • 10.12 am LONG (till target at 1.3750)
  • 11.00 am SHORT (till swing low at 1.3663)
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, 11 am and 12.00 pm
  • 2.50 am SHORT (till prior open at 86.37)
  • 6.00 am LONG (till prior days close at 87.13)
  • 10.02 am SHORT (till target at 85.81)
  • 11.00 am SHORT (till target at 85.81)
Trading Centrals Prediction was:
  • Correct for the S&P because a long setup did move the price up to the 1297 target.
  • Correct for the Euro because a long setup did move the price up to the 1.3805 target
  • Wrong for Crude Oil because a long setup did not move the price up to the 87.80 target.
  • Correct for the Fdax because a long setup did almost move the price up to the 7189 target.

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