Wednesday, April 13, 2011

13th April 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 continuation till S&P hits prior day high or short (entry at 50% of prior days range) down to prior days close (7130)
  • 4.04 am LONG
  • 5.41 am LONG
  • 7.20 am LONG
after 9.30 am: Plan is to watch the fdax/nasdaq come down till prior day high and then re-entry a long position till close. S&P is also a buy at 1315 and 1312.5, after 10.30 am it should be pretty clear where to enter.
  • 9.33 am SHORT (nasdaq)
  • 9.41 am SHORT (fdax)
  • 10.20 am LONG (nasdaq)
  • 11.10 am SHORT (nasdaq)
  • 11.23 am SHORT (fdax)
  • 2.24 pm LONG (nasdaq)
Currency (mainly euro) Trades : Plan is to trade the opening move around 8-9 am and then another trade after 10.30 am
  • 2.37 am LONG (euro trend & aussie dollar swing trade entry)
  • 4.39am SHORT (pound)
  • 9.24 am SHORT (euro)
  • 10.22 am LONG (euro)
  • 12.30 pm 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
  • 3.34 am SHORT
  • 4.23 am LONG
  • 8.39 am LONG
  • 9.22 am SHORT
  • 10.45 am LONG
  • 11.55 am SHORT
  • 12.30 pm SHORT
  • 1.33 pm LONG

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