Tuesday, April 19, 2011

19th 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 7206 or 7100), since we are in a slight uptrend at the open, looks like we go first long till we hit th 50% line on the fdax or S&P
  • 3.00 am LONG
  • 5.39 am LONG
  • 6.11 am SHORT
  • 7.12 am LONG
after 9:30 am: Plan is to go short at the open since we are already over the 50% line, S&P should be a buy at 1300 to continue its uptrend till 1317.

  • 9.46 am SHORT (nasdaq)
  • 10.30 am SHORT (fdax)
  • 10.37 am SHORT (nasdaq)
  • 12.51 pm LONG (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
  • 4.34 am LONG
  • 4.51 am LONG (pound)
  • 9.55 am LONG (pound)
Commodities (mainly Crude Oil) Trades: Plan is to trade the opening move around 8-9 am and then another trade after 10.30 am
  • 3.29 am SHORT
  • 7.09 am LONG
  • 8.15 am SHORT
  • 9.16 am LONG
  • 10.40 am SHORT
  • 11.24 am LONG

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