Wednesday, March 9, 2011

9th March Wednesday




FDAX:
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.

Like last wednesday plan is to trade the donchian channel break to the short and long side to get 30 point in the morning
  • 2.02 am LONG (gap fill at 7171)
  • 3.19 am SHORT
  • 4.04 am LONG
  • 5.30 am LONG
  • 6.50 am SHORT
  • 8.23 am SHORT
after 9.30 am: Plan is to trade just a move after the US market opens.
  • 9.37 am SHORT
  • 10.18 am LONG
  • 10.36 am SHORT
  • 11.34 am LONG
Euro Trades: I am looking for a move after 3.00 am, 5.00 am, 7.00 am - 8.00 am, 10-11 am
  • 3.09 am SHORT
  • 4.15 am LONG
  • 8.34 am SHORT
  • 10.01 am LONG
  • 11.11 am SHORT
Crude Oil Trades: I am looking for moves at 4.00 am, 8.00 am, 9.00 am, 11.00 am, 1.00 pm
  • 3.46 am LONG
  • 8.04 am LONG
  • 9.30 am SHORT
  • 10.45 am LONG
  • 11.11 am SHORT

3 comments:

  1. Hi, i'm also doing DAX futures, still yet to find consistency. However i kinda curious what are those timing after 3am, 4am, etc. help you in?

    ReplyDelete
  2. the theory is that the DAX has every weekday specific times where most people enter postion.

    so for example if last monday had a big move after 6.30 am (new york time) then most likely
    this monday we will also see a big move

    so instead of trading any setup I focus on specific times where moves most likely will occur.

    ReplyDelete
  3. Thanks for the information. I didn't know DAX has such characteristic. Good trading, cheers!

    ReplyDelete