Friday, February 11, 2011

11th Febuary 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

after 3.00 am: Long above 7332 Short below 7322 or on Low Risk Entry Signal before the breakout. On Daily Chart it looks like we go first down the 7300 area to form a double bottom.
  • 3.22 am LONG (till cash market close at 7340)
  • 4.04 am SHORT (till swing low at 7293 )
  • 5.44 am LONG (till prior close at 7352)
after 9:30 am: Short below 7331, Long above 7342 or on Low Risk Entry Signal before the breakout
  • 9.35 am LONG (till target at 7372)
Euro Trades: I am looking for a move after 1.30 am, 4.00-5.00 am, 8.30 am, 10.00 am
  • 2.52 am SHORT (till swing low at 1.3504)
  • 9.05 am SHORT (till 1.3500)
  • 9.20 am LONG (till prior low at 1.3570)
  • 11.30 am SHORT
Crude Oil Trades: In addition to entry times that happen on the stock market indices I am also looking for moves after 8.00 am, 10.00, 12.00 am
  • 4.16 am SHORT (till swing low at 86.72)
  • 8.33 am SHORT (till prior low at 85.95)
  • 11.03 am SHORT (till target at at 85.03)

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