Friday, April 15, 2011

15th April Friday






Stock Market Indices:
Strategy for trading on fridays is to enter low risk trend trades after 3.00 am, 4.00 am, 6.20 am, 8.30 am (on news days), 9.00 am, 10.00 am, 11.00 am

My plan is to make a short trade
from prior close down thursdays 50% line (7159) and
then to go long till thursdays high (over 7200)
  • 2.28 am LONG (opening trade)
  • 3.22 am SHORT (selling the high of the positive 3.10 am bar)
  • 3.48 am SHORT (trend)
  • 5.46 am LONG (trend)
  • 7.29 am SHORT
after 9:30 am: S&P at prior days closing price, so it looks like long continuation, but maybe we get a short signal (just above) prior days high. Best long entry would be like on the fdax in the morning at prior days 50% level, but only crude oil is at that level so looks like it will be the best trade.
  • 9.33 am SHORT (nasdaq)
  • 10.46 am LONG (fdax)
  • 10.55 am LONG (nasdaq)
  • 13.11 pm SHORT (nasdaq)
Currency Trades: Plan is to trade the opening move around 8-9 am and then another trade after 9.30 am
  • 3.14 am LONG
  • 4.22 am SHORT
  • 8.05 am SHORT
  • 11.19 am LONG
  • 12.43 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
  • 3.24 am SHORT
  • 6.27 am LONG
  • 7.41 am SHORT
  • 9.03 am LONG
  • 9.55 am LONG
  • 2.29 pm SHORT

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