Tuesday, April 12, 2011

12th April 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

Plan is like last tuesday to go short at a good price (ideally at prior days 50% line at 7210 or 7200), since we are overbought at the open, looks like we go first long and after 4 am short.
  • 3.17 am LONG (fdax)
  • 4.19 am SHORT (fdax)
  • 5.30 am FLAT (fdax)
  • 8.30 am SHORT (fdax)
after 9:30 am: Plan is to go long like last tuesday and then short again in the 2302 - 2312 area
  • 8.50 am LONG (nasdaq)
  • 9.55 am SHORT (nasdaq)
  • 10.44 am SHORT (nasdaq)
  • 11.23 am LONG (fdax)
  • 2.32 pm SHORT (nasdaq)
Currency Trades (mainly EUR/USD) : Plan is to trade the opening move around 8-9 am and then another trade after 9.30 am
  • 3.17 am LONG
  • 4.31 am SHORT (pound)
  • 7.50 am LONG (pound)
  • 10.30 am SHORT (pound)
  • 11.03 am SHORT
Commodities (mainly Crude Oil) Trades: Plan is to trade the opening move around 8-9 am and then another trade after 10.30 am
  • 2.26 am LONG
  • 6.27 am SHORT
  • 7.34 am LONG (bund)
  • 8.58 am SHORT
  • 9.50 am SHORT
  • 2.00 pm SHORT

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