Wednesday, March 30, 2011

30th 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 close till 7080, 7110
  • 2.45 am LONG
  • 3.31 am LONG
  • 5.05 am LONG
  • 8.04 am SHORT
after 9.30 am: Plan is watch the 7055 evel on the fdax and 2333, 2328 or prior high (2324) level on the nasdaq for possible long re-entries with 7110 or 2370 target. Otherwise I might just keep the short position.
  • 9.34 am SHORT (nasdaq)
  • 10.45 am LONG (dow)
  • 12.15 am LONG (fdax & nasdaq)
Currency Trades: I am looking for a move after 3.00 am, 5.00 am, 7.00 am - 8.00 am, 10-11 am
  • 2.19 am LONG (pound)
  • 4.03 am LONG (euro)
  • 5.24 am SHORT (euro)
  • 8.36 am SHORT (euro)
  • 10.44 am LONG (euro)
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
  • 3.57 am LONG
  • 4.56 am SHORT
  • 7.50 am LONG (gold)
  • 8.26 am LONG
  • 9.09 am SHORT
  • 11.20 am LONG
  • 12.56 pm SHORT

No comments:

Post a Comment