Monday, January 31, 2011

31th 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 7106, Short below 7094 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 7132 or fridays open at 7162 or a rally up to fridays swing high at 7175. Breaking below Fridays low triggers a decline to 7040 target.
  • 3.05 am SHORT (till prior low at 7080 or target at 7040)
  • 5.00 am LONG (counter trend till swing low at 7090)
  • 7.30 am LONG (till prior cash market close at 7113)
  • 9.08 am SHORT (till swing high at 7084)
after 9:30 am: Long above 7112, Short below 7093 or on Low Risk Entry Signal before the breakout
  • 10.22 am LONG (till swing high at 7108)
Euro Trades: I am looking for a move after 5.30 am, 8.00, 10 am, 12 pm
  • 3.57 am LONG (till 50% at 1.3658)
  • 7.14 am LONG (till prior day open at 1.3707)
  • 8.17 am LONG (till target at 1.3760)
  • 10.20 am LONG (till prior day high at 1.3732)
  • 12.11 am SHORT(till 50% at 1.3654)
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, 12.00 pm, 1.30 pm
  • 5.16 am SHORT (till 50% at 87.60)
  • 7.26 am LONG (till 90,43)
  • 8.23 am SHORT (oops till 50% at 87,84)
  • 10.18 am LONG (till currend day high at 90,22)
  • 11.56 am LONG (till target at 92,45)
Trading Centrals Prediction was:
  • Correct for the S&P because a short setup that did not move the price down to the 1262 target.
  • Wrong for the Euro because a long setup did not move the price up to the 1.3760 target.
  • Correct for Crude Oil because a long setup did move the price up to the 92,45 target
  • Wrong for the FDAX because a long setup did not move the price up to the 7150 target.

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