Wednesday, January 5, 2011

5th January Wednesday







FDAX:
Strategy for trading on wednesday is to enter low risk trend trades after 3.05 am, 3.30 am, 4.05 am, 5.00 am, 8.10 am, 9.00 am and 10.30 am.

after 3.00 am: Short below 6970, Long above 6977 or on low risk entry signal before the breakout. Maybe a sell off to 6928 if we break below current days opening price.
  • 3.29 am SHORT
  • 4.51 am SHORT
  • 8.14 am LONG
after 9.30 am: Short below 6900, Long above 6916
  • 10.00 am LONG
  • 11.08 am LONG
Crude Oil Trades: In addition to entry times that happen on stock market indices I am looking for moves at 9.00 am and after 10.30 am news so around 10.45 am
  • 3.01 am SHORT
  • 8.14 am LONG
  • 11.08 am LONG
Trading Centrals Prediction was:
  • Correct for the S&P as a long setup did move the price up to the 1272 target.
  • Correct for the Euro as a short setup moved the price down to the 1.3125 target.
  • Correct for the T-Bond as a short setup moved the price down to the 120.26 target.
  • Correct for Crude Oil as a long setup did move the price down to the 90.50 target.
  • Wrong for the FDAX as there was no short setup that moved move the price down to the 6852 target.

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