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 long trade if the price stays above prior days closing price or a correction down till S&P hit prior days high.
- 2.54 am LONG
- 5.51 am LONG
- 8.30 am LONG
after 9:30 am: S&P opened above prior day close so a gap fill short trade (till 1325.75) could be the first trade, then maybe another move up. After 10.00 am it should be clear if we continue trading short or long for the rest of the day.
- 9.31 am SHORT (nasdaq)
- 10.01 am LONG (fdax)
- 12.30 pm SHORT (nasdaq)
- 3.13 am SHORT (yen£)
- 8.12 am SHORT (euro)
- 10.06 am LONG (euro)
- 12.50 am LONG (euro)
Commodities (mainly Crude Oil) Trades: I am looking for moves after 4.20 am, 8.00 am, 9.00 am, 10.00 am, 12.00 am
- 2.55 am LONG
- 6.50 am LONG
- 9.00 am SHORT
- 10.06 am LONG
- 2.00 pm LONG
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