Tuesday, April 26, 2011

26th 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 to go long at a good price (ideally at or below prior days low or in the 7200 - 7262 area)
  • 3.00 am LONG
  • 3.15 am SHORT
  • 3.26 am LONG
  • 6.11 am SHORT
  • 7.35 am LONG
after 9:30 am: Plan is to go long after 10.00 am after nasdaq or S&P bounced off prior days high.
  • 9.30 am SHORT (nasdaq)
  • 10.18 am LONG (fdax)
  • 10.20 am LONG (nasdaq)
  • 12.20 pm SHORT (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
  • 2.25 am LONG
  • 3.26 am LONG
  • 5.27 am SHORT (pound)
  • 8.07 am LONG
  • 10.17 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
  • 3.12 am LONG
  • 6.15 am SHORT
  • 7.38 am LONG
  • 8.17 am LONG
  • 9.05 am SHORT
  • 10.16 am LONG
  • 11.05 am SHORT

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