FDAX:
Strategy for trading on fridays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.00 am or 8.45 (on news days), 9.00 am, 10.00 am and 1.00 pm
after 3.00 am: Long above 7069 Short below 7059 or on Low Risk Entry Signal before the breakout. On Daily Chart we had a double top yesterday so looking for a short trade till 50% at 7155 and then maybe to prior swing low at 7134 or a rally to prior close at 7177.
- 3.23 am SHORT (no entry as target 50% was too close)
- 4.36 am LONG (till prior close at 7177 )
- 8.43 am SHORT (till current day open at 7161)
after 9:30 am: Short below 7167, Long above 7173 or on Low Risk Entry Signal before the breakout
- 9.56 am SHORT (till prior day swing low at 7134 or target at 7109)
- 10.56 am SHORT (till target at 7060)
- 1.00 pm SHORT
- 2.00 am SHORT (till prior day swing low at 1.3679)
- 4.30 am LONG (till prior day close at 1.3725)
- 8.47 am SHORT (till prior day swing low at 1.3579)
- 10.01 am SHORT (till target at 1.3575)
- 1.00 pm SHORT
Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 8.00 am, 10.00, 12.00 am
- 8.31 am LONG (till 50% at 86.44)
- 9.28 am LONG (till prior open at 86.90 or high at 87.)
- 10.42 am LONG (till target at 87.80 or 89)
- 1.00 pm SHORT
- Correct for the S&P because a short setup did move the price down to the 1277 target.
- Correct for the Euro because a short setup did move the price down to the 1.3575 target.
- Correct for Crude Oil because a long setup did move the price up to the 89 target.
- Correct for the FDAX because a short setup did move the price down to the 7060 target (on monday).
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