Thursday, February 10, 2011

10th 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

after 3 am
: Long above 7324, Short below 7318. Oops Setup on Daily chart so first a move down to 50% is likely.
  • 3.00 am LONG (till prior close at 7340)
  • 3.15 am SHORT (till 7300)
  • 5.05 am LONG (till 50% at 7306)
  • 8.40 am SHORT
after 9:30: Short below 7287, Long above 7302 or on low risk entry signal before the breakout.
  • 9.11 am LONG
  • 10.03 am LONG (till prior low at 7318)
  • 11.03 am LONG (till prior close at 7340)
Euro Trades: I am looking for a move after 3.00 am, 5.00 am, 8.00 am, 10.00 am, 11.00 am
  • 2.57 am SHORT (till swing low at 1.3610)
  • 7.50 am SHORT (till target at )
  • 9.44 am SHORT (till target at 1.3542)
  • 11.03 am LONG
Crude Oil Trades: In addition to entry times that happen on stock market indices 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
  • 2.20 am SHORT (till prior lowat 86.30)
  • 5.02 am LONG (till prior days close at 86.77)
  • 9.11 am LONG (till prior days close at 86.77)
  • 10.15 am LONG (till prior day high at 87.81)
  • 12.00 pm SHORT (till close)

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