Tuesday, May 17, 2011

17th May Tuesday








Todays Plans:
  • Plan for the FDAX is to trade short down to 7274
  • Plan for trading crude oil is to trade short down to 96.00
  • Plan for trading the euro is trade short down to 1.4022
  • Plan for trading the bund is to trade long up to prior day 50% line and then short position down to 124.03
After 8 am:
  • Plan for trading crude oil is to trade short down to 96.00/95.00 and long up to 97.22 (prior low)
  • Plan for trading the euro is to trade the short trend down below prior days low then up to 1.4228
  • Plan for trading the bund is to trade long up to 124.46
  • Plan for trading the nasdaq is to trade long up to 2334 (prior cash market closing price) and then trade short down to 2304.

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