Tuesday, May 10, 2011

10th May Tuesday





Stock Market Indices:

Plan is to go short at a good price (ideally at prior days close (7446 - 7466 area), target prior days low or the swing low at 7330. Long up to 7537 - 7567 is also possible in the morning session.
  • 2.37 am LONG
  • 3.25 am LONG
  • 4.19 am LONG
  • 6.01 am LONG
  • 8.44 am SHORT (nasdaq)
after 9:30 am: Plan is to go short to reach nasdaqs todays 50% (2392) or yesterdays closing price range (2389-2386) and then trading long till target is archived.
  • 9.52 am LONG (nadaq)
  • 10.14 am LONG (fdax)
  • 11.05 am SHORT (fdax)
  • 1.50 pm LONG (nasdaq)
Currency Trades (mainly EUR/USD) : Plan is to go long to get to prior days opening price, after 8.20 am plan is to go long above prior day open price or short below prior day closing price.
  • 3.23 am LONG
  • 3.15 am SHORT (swiss franc)
  • 7.30 am LONG
  • 9.06 am SHORT
  • 11.18 am SHORT (pound)
  • 1.21 pm LONG
Commodities (mainly Crude Oil) Trades: Plan is to reach prior days close and then continue either long or short. Alternative short down to yesterdays 50% line or to prior days open.
  • 2.17 am LONG
  • 3.24 am LONG
  • 4.54 am SHORT
  • 6.30 am LONG
  • 8.00 am LONG (bund)
  • 8.55 am SHORT
  • 10.00 am LONG
  • 1.41 pm LONG

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