Monday, February 7, 2011

7th 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: Long above 7234, Short below 7223 or on Low Risk Entry Signal before the breakout. On daily charts we have a long continuation setup so looking forward to trade long up to 7288.
  • 3.05 am SHORT (till cash market close at 7220)
  • 3.22 am LONG (till target at 7262)
  • 4.27 am LONG (till target at 7288)
  • 7.42 am LONG (till high at 7286)
  • 9.05 am SHORT (till 50% at 7257)
after 9:30 am: Long above 7280, Short below 7280 or on Low Risk Entry Signal before the breakout
  • 10.21 am LONG (till 7300)
Euro Trades: I am looking for a move after 4.00-5.00 am, 8.00, 10 am, 1.30 pm
  • 4.11 am SHORT (till prior low at 1.3540)
  • 8.25 am SHORT (till target at 1.34)
  • 10.20 am LONG (till current day openat 1.3550)
Crude Oil: In addition to entry times that happen on stock market indices I am looking for moves after 4.00 am, 9.00 am, 10.00 am or 11 am, 12.00 pm, 1.30 pm
  • 8.26 am SHORT (till prior day low at 88.45)
  • 9.54 am SHORT(till target 87.45)
  • 10.00 am LONG (current day open at 89)
  • 11.32 am SHORT (till target at 87.45)

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