Tuesday, January 4, 2011

4th January Tuesday








FDAX:
Strategy for trading on tuesdays is to enter low risk trend trades after 2.45 am, 3.20 am, 5.30 am, 7.05 am - 8.20 am, 8.45 am, 9.30 am, 10.20 am

after 3 am:
Long above 6997 Short below 6986 or on low risk entry signal before the breakout. In a downtrend (the prior 6 sessions where bearish) goal is to reach double bottom, so looking for a short postion near prior days 50% line (around 7009) or cash market exit price 7000. If we go much higher than 7010 looking forward to reach prior days high...
  • 3.16 am LONG
  • 3.45 am SHORT
  • 4.16 am LONG
after 9:30 am: Short below 7023, Long above 7025 or on low risk entry signal before the breakout
  • 9.41 am SHORT
  • 10.46 am SHORT
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves after 9.00 am and 12.10 pm
  • 8.24 am SHORT
  • 9.35 am SHORT
  • 10.20 am SHORT
Trading Centrals Prediction was:
  • Wrong for the S&P as a long setup did not move the price up to the 1272 target
  • Correct for the Euro as a long setup moved the price up to the 1.3425 target and reached the short target at 1,3315
  • Correct for the T-Bond as a long setup moved the price up to the 121'18 target.
  • Correct for the Crude Oil as a short setup moved the price down to the 89,80 target.
  • Wrong for the FDAX as a long setup did not move the price up to the 7042 target.

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