Monday, January 3, 2011

3th January Monday







FDAX:
Strategy for trading on mondays is to enter low risk trend trades after 3.30 am, 4.15 am, 5.00 am - 6.00 am, 8.30 am, 9.35 am, 10.30 am

after 3 am: Long above 6992, Short below 6980 or on Low Risk Entry Signal before the breakout. On daily charts we had a double bottom on prior trading day so a break above prior days high could trigger a rally to the swing high.
  • 3.06 am LONG
  • 4.01 am SHORT
  • 4.40 am LONG
  • 6.45 am short
after 9:30 am: No setup on Daily Chart, so it might be better to trade the long trend continuation on the nasdaq or the gap fill on the S&P. Long above 7026, Short below 6990 or on Low Risk Entry Signal before the breakout
  • 9.39 am LONG
  • 10.35 am SHORT
Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 5.30 am, 9.00 am, 11.50 am and 2.00 pm.
  • 4.26 am LONG
  • 9.38 am LONG
  • 2.10 am SHORT
Trading Centrals Prediction was:
  • Correct for the S&P as a long setup did move the price almost up to the 1270 target.
  • Correct for the Euro as a long setup did move the price up to the 1.3375 target.
  • Correct for the Bonds as a short setup did move the price down to the 120.18 target.
  • Wrong for Crude Oil as a long setup did not move the price up to the 92.95 target.
  • Wrong for the FDAX as a long setup did not move the price up to the 7057 target.

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