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

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