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

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