* European Stock Markets: Indices like the FTSE 100, DAX, and CAC 40, as well as individual European stocks.
* Forex (EUR/USD, GBP/USD, etc.): Currency pairs involving the Euro and British Pound will likely be active.
* Cryptocurrency Markets: Still running 24/7.
* Commodities: Markets for oil, gold, and other commodities will be open.
Here are a few trading ideas across these markets, keeping in mind the time of day and potential market drivers. Remember, these are just ideas, and trading involves risk. Always do your own research and have a risk management strategy in place.
1. European Stock Market - Sector Rotation:
* Idea: Analyze the performance of different sectors within the European stock market (e.g., technology, energy, financials, consumer discretionary). Look for potential sector rotation where money might be flowing from one sector to another.
* How to approach: Check the performance of sector-specific ETFs or major stocks within different sectors. Look for sectors showing relative strength or weakness. Consider news or economic data that might favor one sector over another.
* Example: If recent economic data suggests rising inflation, you might look for opportunities in commodity-related stocks or financial stocks (which could benefit from potential interest rate hikes). Conversely, weaker economic data might favor defensive sectors like consumer staples or healthcare.
* Risk Management: Use stop-loss orders and consider diversifying your positions across different stocks or ETFs within the chosen sector.
2. Forex - EUR/USD Technical Breakout:
* Idea: Monitor the EUR/USD currency pair for potential technical breakouts.
* How to approach: Identify key support and resistance levels on an hourly or 4-hour chart. Look for the price to consolidate near these levels. A break above resistance with increasing volume could signal a buying opportunity, while a break below support could indicate a selling opportunity.