5th May Thursday

Stock Market Indices:

Plan is to go first short down to 7391 (cash market closing price)then going long from there. Goal is to get at least 20 points from the first down move and then a long position till at least prior days 50% price (7469) if we go again above current opening price. Alternative I trade a short continuation setup below prior closing price with 7370 as first target and 7260 as 2nd target.

• 3.11 am LONG
• 3.55 am SHORT
• 5.38 am SHORT
• 8.30 am SHORT (nasdaq)
  

after 9:30: Plan is to enter a long setup after 9.30 am to reach 2388 (prior resistance) or 2384 (prior close) and then maybe again short or long till close (or till short target has been reached)

• 9.18 am LONG (fdax)
• 9.24 am LONG (nasdaq)
• 10.35 am LONG (nasdaq)
• 11.07 am SHORT (nasdaq)
  
• 11.30 am LONG (fdax & nasdaq)
• 2.48 pm SHORT (nasdaq)

Currency Trades: Plan is to the upmove in the currencies till resistance levels (1.4900 on EURUSD) is reached and from there a short correction till prior day low. The euro future can be traded short from 1.4810 or 1.4833 till 1.4702.

• 2.45 am LONG (swish franc)
• 4.02 am SHORT (pound)
• 5.19 am SHORT
• 8.30 am SHORT

Commodities (mainly Crude Oil) Trades: Plan is to trade the trend continuation in the morning, with 106.73 as target. Goal is to reach prior days low after 9 am and then either up till prior days close or down reaching the short target for today.

• 4.02 am SHORT
• 5.37 am LONG (bund)
  
• 8.30 am SHORT
• 9.00 am SHORT
• 10.30 am SHORT (natural gas)
• 10.46 am SHORT
• 1.36 pm SHORT