Wednesday, March 16, 2011

16th March Wednesday








Stock Market Indices:
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 10.30 am.

Plan is to either trade a long trend above prior days high or the sell off down to prior day close / low. Overnight trading suggest an early rally stopping at prior day top followed by a sell off.
  • 2.02 am LONG
  • 3.25 am LONG
  • 5.22 am SHORT
  • 7.52 am LONG
  • 8.26 am SHORT
  • 9.10 am SHORT
after 9.30 am: Plan is to trade just one short trend after the US market opens and double tops (fills the gap).
  • 9.37 am SHORT
  • 10.01 am LONG (nasdaq)
  • 10.27 am LONG
  • 10.56 am SHORT
Currency Trades: I am looking for a move after 3.00 am, 5.00 am, 7.00 am - 8.00 am, 10-11 am
  • 3.25 am SHORT
  • 7.53 am LONG
  • 9.15 am SHORT
  • 10.58 am SHORT
Commodities (mainly Crude Oil) Trades: I am looking for moves at 4.00 am, 8.00 am, 9.00 am, 11.00 am, 1.00 pm
  • 2.16 am LONG
  • 3.42 am LONG
  • 5.30 am LONG
  • 8.05 am SHORT
  • 9.00 am SHORT
  • 9.42 am LONG
  • 10.52 am SHORT

2 comments:

  1. I have been following your blog and i like your tradeing method..it rare to see anyone reward them selves any more when trading is finished . Do you have contact info that you could share i would like to get in touch with you...i am a little new to the fdax but have been trading full time for 4 years ..tahnks

    ReplyDelete
  2. just give we me your email and we can chat

    ReplyDelete