Stock Market Indices:
Strategy for trading on wednesday is to enter low risk trend trades after 3.00 am, 3.30 am, 4.00 am, 5.00 am, 8.00 am, 9.00 am and 10.30 am.
Plan is to either trade a long trend above prior days high till 7268, 7237 or short down to prior days close (7199) or 50% line at 7183.
- 2.30 am LONG (opening trade)
- 3.46 am SHORT (oops setup till 50%)
- 5.07 am LONG (50% entry)
after 9.30 am: Plan is to watch the fdax/nasdaq come down till prior day high and then re-entry a long position till close. S&P is also a buy at 1332, after 10.30 am it should be pretty clear where to enter.
- 9.37 am LONG (nasdaq trend)
- 10.12 am SHORT(nasdaq opening trade)
- 10.40 am LONG (fdax timing)
- 11.03 am SHORT (nasdaq oops setup till 50% at 2330 or below prior day low)
- 2.51 am LONG (euro trend)
- 8.14 am SHORT (pound)
- 9.46 am LONG (euro timing)
Commodities (mainly Crude Oil) Trades: Plan is to trade the opening move around 8-9 am and then another trade after 10.30 am
- 3.04 am LONG (trend)
- 5.32 am SHORT (oops setup till 50%)
- 8.00 am LONG (50% entry)
- 9.44 am LONG (trend)
- 10.36 am SHORT (scalping)
- 11.18 am LONG (trend)
- 12.15 pm SHORT (oops setup till 50%)
- 1.33 pm LONG (50% entry)
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