Monday, March 21, 2011

21th March Monday






Stock Market Indices:
Strategy for trading on mondays is to enter low risk trend trades after 2.05 am, 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: Plan is to enter long setup to continue the long trend that started last wednesday. Overnight trading action suggest a rally then a consolidation followed by another rally.
  • 2.07 am LONG (fesx)
  • 3.22 am LONG (fesx)
after 9:30 am: Planing to go long again.
  • 9.33 am LONG (nasdaq)
  • 11.01 am LONG (nasdaq)
Currency Trades: I am looking for moves after 3.00-5.00 am, 8.00, 10 am, 1.30 pm
  • 3.10 am SHORT (yen)
  • 3.26 am LONG (aussie dollar)
  • 8.20 am LONG (yen)
  • 9.10 am SHORT (yen)
  • 12.11 am LONG (euro)
Commodities (mainly crude oil): I am looking for moves after 2.45 am, 9.00 am, 10.00 am or 11 am, 12.00 pm, 1.30 pm
  • 2.47 am SHORT
  • 4.39 am LONG
  • 7.12 am LONG (gold)
  • 8.10 am SHORT (natural gas)
  • 9.23 am SHORT
  • 10.11 am SHORT
  • 10.39 am SHORT (soybeans)
  • 11.38 am SHORT

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