Monday, February 28, 2011

28th February 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: Plan is to enter a 10 min chart setup to continue fridays long trend. So Long from below 7163 to reach prior close or high. If we break above prior day high trying to exit at the close or above 7250.
  • 2.47 am SHORT
  • 4.03 am LONG
  • 5.10 am LONG
after 9:30 am: Planing to go long on a new 10 min setup
  • 9.36 am LONG
  • 10.23 am SHORT
Euro Trades: I am looking for a move after 3.00-5.00 am, 8.00, 10 am, 1.30 pm
  • 3.44 am LONG
  • 9.48 am SHORT
Crude Oil: I am looking for moves after 4.00 am, 9.00 am, 10.00 am or 11 am, 12.00 pm, 1.30 pm
  • 3.00 am SHORT
  • 7.59 am SHORT
  • 9.48 am SHORT
  • 10.00 am LONG
  • 12.30 pm LONG
  • 2.06 pm SHORT

    Sunday, February 27, 2011

    Trading Plan: Donchian Channel

    Trading Plan: Using volume for exiting trades




    Its valid to hold a long position till 6000 contracts are traded in the last 10 min, this
    way choppy market conditions can simple be ignored.

    On the crude oil chart you can see thats its important to look at rising volume as it can forecast where the the next move will go.

    Saturday, February 26, 2011

    Friday, February 25, 2011

    25th February Friday



    FDAX:
    Strategy for trading on fridays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.30 am (on news days), 9.00 am, 10.00 am, 11.00 am

    Like last friday I am looking a 10 min setup continue trading long.

    • 3.45 am LONG
    • 8.30 am SHORT
    after 9:30 am: trying to hold the position till 11.30 am
    • 9.35 am LONG
    • 12.18 pm LONG
    Euro Trades: I am looking for a move after 3.00 am, 4.00-5.00 am, 7.40 am, 8.30 am, 10.00 am
    • 3.30 am SHORT
    • 5.00 am SHORT
    • 8.02 am SHORT
    • 8.49 am SHORT
    • 10.34 am LONG
    Crude Oil Trades: I am looking for moves after 4.20 am, 6.00 am, 8.00 am, 10.00, 12.00 am
    • 3.14 am SHORT
    • 8.10 am SHORT
    • 9.00 am LONG
    • 13.28 pm LONG

      Thursday, February 24, 2011

      24th February Thursday




      FDAX:
      Strategy for trading on thursday is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.00 am, 9.00 am, 10.00 am, 11 am

      Plan is to short till 10.00 am and then go long holding a position till the close or 7210.

      • 2.12 am SHORT
      • 3.50 am SHORT
      • 5.13 am SHORT
      • 8.35 am LONG
      after 9:30: Enter a setup after the 10 am news try to hold the position till the close.
      • 9.36 am LONG
      • 10.30 am SHORT
      • 10.58 am SHORT
      Euro Trades: I am looking for a move after 3.00 am, 5.00 am, 7.30 am, 8.00 am, 10.00 am, 11.00 am
      • 3.22 am LONG
      • 5.33 am SHORT
      • 7.41 am LONG
      • 8.35 am LONG
      • 10.43 am SHORT
      Crude Oil Trades: I am looking for a move after 4.00 am, 5.00 am, 8.00 am, 9.00 am, 10 am, 11 am and 12.00 pm
      • 2.24 am LONG
      • 4.22 am SHORT
      • 9.00 am SHORT
      • 9.43 am SHORT
      • 2.03 pm SHORT

        Wednesday, February 23, 2011

        23th February Wednesday






        FDAX:
        Strategy for trading on wednesday is to enter low risk trend trades after 3.00 am, 3.30 am, 4.00 am, 5.00 am, 8.00 am, 9.00 am and 10.00 am.

        Like last wednesday plan is to trade the move up and then down again.
        • 2.23 am LONG (till 50% at 7304)
        • 3.40 am SHORT
        • 4.02 am SHORT (till current day low at 7280)
        • 7.56 am SHORT
        • 9.02 am SHORT
        after 9.30 am: Since we broke below current day open trading the short trend continuation is the plan.
        • 9.42 am SHORT
        • 10.12 am LONG
        • 11.27 am SHORT
        Euro Trades: I am looking for a move after 3.00 am, 5.30 am, 7.00 am - 8.00 am, 10-11 am
        • 5.28 am LONG
        • 9.05 am SHORT
        • 9.49 am LONG
        • 11.53 am SHORT
        Crude Oil Trades: I am looking for moves at 4.00 am, 8.00 am, 9.00 am, 11.00 am, 1.00 pm
        • 3.10 am LONG
        • 5.40 am LONG
        • 7.43 am SHORT
        • 8.50 am LONG
        • 9.30 am LONG
        • 11.08 am LONG

        Tuesday, February 22, 2011

        22th February Tuesday






        FDAX:
        Strategy for trading on tuesdays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.20 am, 9.00 am, 11.00 am

        Plan is to trade the trend continuation from monday, so looking forward to short double tops on the 10 min chart to reach the 7266 target.
        • 2.54 am SHORT
        • 3.29 am LONG
        • 4.22 am LONG
        • 7.06 am LONG
        • 8.44 am SHORT
        after 9:30 am: looking forward to enter is a short setup on 10 min chart once the S&P finished its upmove..
        • 9.37 am LONG
        • 10.06 am LONG
        • 10.58 am SHORT
        Euro Trades: I am looking for a move after 3.00 am, 4.00 am - 5.00 am, 7.00 am, 9.00 am, 11.00 am
        • 2.03 am SHORT
        • 3.21 am LONG
        • 6.47 am LONG
        • 11.03 am SHORT
        Crude Oil Trades: I am looking for moves after 5.00 am, 8.00 am - 9 am and 10 am, 11.45 am
        • 3.02 am LONG
        • 4.24 am SHORT
        • 8.23 am LONG
        • 9.02 am SHORT
        • 10.32 am SHORT
        • 11.30 am SHORT

          Monday, February 21, 2011

          21th February 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: Plan is to enter a 10 min chart setup to continue fridays long trend. So Long from below 7411 till 7443 would be ideal. Then looking forward to short a rally down to prior day low.
          • 3.03 am SHORT
          • 3.20 am LONG
          • 4.23 am SHORT
          • 5.37 am SHORT
          after 9:30 am: Planing to go short on a new 10 min setup
          • 9.50 am SHORT
          Euro Trades: I am looking for a move after 3.00-5.00 am, 8.00, 10 am, 1.30 pm
          • 3.23 am LONG
          • 4.31 am SHORT
          • 10.45 am LONG
          Crude Oil: I am looking for moves after 4.00 am, 9.00 am, 10.00 am or 11 am, 12.00 pm, 1.30 pm
          • 2.40 am LONG
          • 5.09 am LONG
          • 10.03 am LONG
          • 11.54 am LONG

            Sunday, February 20, 2011

            Trading Plan: Using BidAsk volume delta as confirmation








            In general high volume on a breakout is a chance to go with the breakout
            but if the buying volume declines after the breakout (more people enter at the bid) then it might be just a double top > ideal place to go short.

            Trading Plan: Looking at volume to determine the opening move


            Saturday, February 19, 2011

            Trading Plan: trades after 8.20 am on FGBL




            After the US Bond market opens at 8.20 am the german bund contract often times allows very low risk entries and good trends.

            Week 07 FDAX Sideways, Nasdaq LONG, Crude Oil & Euro SHORT & LONG








            I learned this week to exit trades on Crude Oil if we are in a range day at the opening range + opening range.

            I also learned to pay close attention to the volume as it can indicate when trends start and end.

            Across all markets I can see the stochastic indicator providing good entry and exit signals if we are in a range bound not trending situation. So on the lower timeframes (30 sec) especially divergencies on the stochastics (14/28) indicator give excellent re-entry chances. On the 10 min chart the stochastics lets you short rallies (at double tops) and buy dips.

            On the euro the fibonccie levels (38,2% 50% 61,8% of prior days range) was very important, once there was a short setup at the 50% level the market traded sharply downward but on thursday bounced off the 38,2% level and on tuesday off the 61,8% level)

            Friday, February 18, 2011

            18th February Friday




            FDAX:
            Strategy for trading on fridays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.30 am (on news days), 9.00 am, 10.00 am, 11.00 am

            Like last friday I am looking forward to first short the market down to 7390 level and then enter a 10 min long setup after 5 am and holding the position till the close.

            • 3.12 am SHORT
            • 4.44 am SHORT (to prior day 9.30 am price at 7389)
            • 5.50 am LONG
            after 9:30 am: re-entry long below 7411 and hold the position till 11.30 am
            • 10.38 am LONG
            Euro Trades: I am looking for a move after 3.00 am, 4.00-5.00 am, 7.40 am, 8.30 am, 10.00 am
            • 2.53 am SHORT
            • 7.42 am LONG
            • 9.08 am SHORT
            • 11.14 am LONG
            Crude Oil Trades: I am looking for moves after 4.20 am, 6.00 am, 8.00 am, 10.00, 12.00 am
            • 4.30 am SHORT
            • 6.10 am LONG
            • 7.54 am LONG
            • 9.00 am LONG
            • 12.28 am SHORT

              Thursday, February 17, 2011

              17th February Thursday




              FDAX:
              Strategy for trading on thursday is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 7.15 am, 8.00 am, 9.00 am, 10.00 am, 11 am

              Plan is to short till 10.00 am and then go long holding a position till the close.

              • 3.10 am SHORT
              • 3.53 am SHORT
              • 5.45 am SHORT
              • 8.22 am SHORT
              • 8.42 am SHORT
              after 9:30: Wait till volatility comes down to trade a low risk 10 min setup holding the long position till the close.
              • 10.06 am SHORT
              • 11.00 am LONG
              Euro Trades: I am looking for a move after 3.00 am, 5.00 am, 8.00 am, 10.00 am, 11.00 am
              • 3.19 am SHORT
              • 5.48 am SHORT
              • 8.31 am LONG
              • 9.15 am LONG
              • 11.13 am LONG
              Crude Oil Trades: I am looking for a move after 4.00 am, 5.00 am, 8.00 am, 9.00 am, 10 am, 11 am and 12.00 pm
              • 3.11 am SHORT
              • 7.30 am LONG
              • 10.51 am LONG

                Wednesday, February 16, 2011

                16th February Wednesday


                FDAX:
                Strategy for trading on wednesday is to enter low risk trend trades after 3.00 am, 3.30 am, 4.00 am, 5.00 am, 8.00 am, 9.00 am and 10.00 am.

                Like last wednesday plan is to trade the move up and then down again.
                • 3.04 am LONG (till high at 7440)
                • 4.34 am SHORT
                • 8.14 am LONG
                • 9.02 am SHORT
                after 9.30 am: Like last wednesday plan is to trade the move up and then down again.
                • 10.06 am LONG
                • 11.10 am SHORT
                Euro Trades: I am looking for a move after 3.00 am, 5.30 am, 7.00 am - 8.00 am, 10-11 am
                • 3.00 am LONG
                • 5.00 am SHORT
                • 8.25 am SHORT
                • 10.32 am LONG
                Crude Oil Trades: I am looking for moves at 4.00 am, 8.00 am, 9.00 am, 11.00 am, 1.00 pm
                • 5.30 am SHORT
                • 7.51 am LONG
                • 9.00 am LONG
                • 11.30 am LONG

                Tuesday, February 15, 2011

                15th February Tuesday




                FDAX:
                Strategy for trading on tuesdays is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.20 am, 9.00 am, 10.20 am

                Plan is to trade the trend continuation from monday, so like last tuesday first long, after 5.30 am short and after 11 am long again.
                • 3.22 am LONG (till prior close at 7425)
                • 4.46 am SHORT (till 7400)
                • 8.30 am SHORT
                after 9:30 am: chance to sell the 7415 swing high to continue long from 7385
                • 10.05 am SHORT
                • 10.28 am LONG
                Euro Trades: I am looking for a move after 3.00 am, 4.00 am - 5.00 am, 7.00 am, 9.00 am, 10.20 am
                • 1.50 am SHORT (till prior close at 1.3477)
                • 3.00 am LONG
                • 7.32 am SHORT
                • 10.01 am SHORT
                Crude Oil Trades: I am looking for moves after 5.00 am, 8.00 am - 9 am and 10 am, 11.45 am
                • 5.21 am LONG
                • 8.05 am LONG
                • 9.03 am SHORT
                • 10.32 am LONG
                • 11.30 am SHORT