Wednesday, May 11, 2011

11th May Wednesday








Stock Market Indices:

Plan is to trade long till new high of the year after a correction to prior cash market close at 7517.
  • 2.02 am LONG
  • 3.50 am LONG
  • 5.00 am LONG
  • 7.50 am SHORT
  • 9.10 am SHORT
after 9.30 am: Plan is to trade short below 2408 to 2395.
  • 9.43 am LONG (nasdaq)
  • 9.58 am SHORT (fdax)
  • 10.50 am LONG (fdax)
  • 11.37 am SHORT (fdax & nasdaq)
Currency (mainly euro) Trades : Plan is to hold the long position till 1.4500 above prior close. Alternative I will trade short below 1.4380 down to prior day 50% or 1.4300.
  • 3.00 am SHORT
  • 4.00 am SHORT (USDCAD)
  • 5.00 am LONG (pound)
  • 6.00 am SHORT
  • 8.18 am SHORT
  • 10.28 am SHORT
Commodities (mainly Crude Oil) Trades: Plan is to trade long above 102.44 $ with 103.80 $ as first target. Alternative we I will trade short below prior close 102.44 $ down to prior open at 101.60 or target at 99.75
  • 2.21 am LONG
  • 3.06 am SHORT
  • 6.30 am SHORT
  • 9.10 am SHORT
  • 11.37 am SHORT

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