Stock Market Indices:
Strategy for trading on fridays is to enter low risk trend trades after 3.00 am, 4.00 am, 6.20 am, 8.30 am (on news days), 9.00 am, 10.00 am, 11.00 am
My plan is to make a long trade if we trade above todays opening price or a correction down till S&P hit prior day high.
- 3.31 am LONG
- 4.43 am SHORT (Decision Point)
- 8.35 am LONG
- 9.24 am SHORT
after 9:30 am: S&P opened above prior day high so a gap fill short trade will be the first trade, then maybe another move up to the 50% level or a short trend continuation.
- 10.01 am SHORT
- 11.20 am SHORT
- 2.15 pm LONG
- 3.00 am LONG
- 4.45 am SHORT (Decision Point)
- 5.47 am LONG
- 12.11 am LONG
Commodities (mainly Crude Oil) Trades: I am looking for moves after 4.20 am, 8.00 am, 9.00 am, 10.00 am, 12.00 am
- 3.22 am LONG
- 4.47 am SHORT
- 6.03 am SHORT
- 7.22 am LONG
- 8.38 am SHORT
- 10.36 am LONG
- 12.09 am SHORT
- 1.39 pm LONG
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