Thursday, April 21, 2011

21th April Thursday






Stock Market Indices:
Strategy for trading on thursday is to enter low risk trend trades after 3.00 am, 4.00 am, 5.00 am, 8.00 am, 9.00 am, 10.00 am, 11 am, 1 pm

Plan is to go long if we stay above 7280 up till 7360
. However if there is a clear sell signal I might make a short trade down to the 7264 level since the over night moves where up, down and up again.
  • 3.00 am SHORT
  • 4.01 am SHORT
  • 5.07 am LONG
  • 7.16 am SHORT
  • 8.14 am SHORT
after 9:30: Plan is to enter a long setup after 9.30 am if S&P stays above 1330,
another option would be to short the nasdaq down to at least 2267 and then long till close.

  • 9.30 am SHORT (fdax)
  • 9.30 am SHORT (nasdaq)
  • 10.26 am SHORT (nasdaq)
  • 11.07 am LONG (nasdaq)

  • 2.20 pm LONG (nasdaq)
Currency Trades: Plan is to trade the opening move around 8-9 am and then another trade after 9.30 am
  • 3.29 am LONG (pound)
  • 6.28 am SHORT
  • 10.20 am LONG
Commodities (mainly Crude Oil) Trades: Plan is to trade the opening move around 8-9 am and then another trade after 10.30 am
  • 3.02 am SHORT
  • 4.29 am SHORT
  • 8.04 am SHORT
  • 9.18 am SHORT
  • 10.43 am LONG
  • 11.39 am LONG

  • 2.06 am LONG

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