Tuesday, March 22, 2011

22th March Tuesday






Stock Market Indices:
Strategy for trading on tuesdays is to enter low risk trend trades after 3.00 am, 4.00 am, 6.00 am, 9.00 am, 10.00 am
Overnight trading shows a downtrend, but since we are oversold at the open first a move up is more likely.

Plan is to trade like last tuesday a trend continuation and a countertrend after 6.00 am.
  • 3.12 am LONG (fesx)
  • 6.38 am SHORT (fdax)
  • 8.32 am LONG (nasdaq)
after 9:30 am: oops short setup on daily chart suggest a short trend in the us session.
  • 9.41 am SHORT (fesx)
  • 10.30 am SHORT (fdax)
Currency Trades: I am looking for moves after 3.00 am, 4.00 am - 5.00 am, 7.00 am, 9.00 am, 11.00 am
  • 3.21 am LONG (pound)
  • 3.40 am SHORT (yen)
  • 8.36 am SHORT (euro)
  • 9.42 am SHORT (euro)
  • 11.43 am LONG (euro)
Commodities (mainly Crude Oil) Trades: I am looking for moves after 4.00 am, 8.00 am - 9 am and 10 am, 11.30 am, 2 pm
  • 3.20 am LONG (crude oil & natural gas)
  • 4.51 am SHORT
  • 6.03 am SHORT (gold)
  • 8.04 am SHORT
  • 9.19 am LONG
  • 10.23 am LONG
  • 10.43 am LONG (soybeans)
  • 2.13 pm LONG

    1 comment:

    1. where do you get your ohlc data for the fdax and the fesx and is there a place where they are all together.thanks

      ReplyDelete