21th October Wednesday

Goals for today:

1. Earn at least 10 Points by entering and exiting short and/or long trades on 1 min FDAX chart in a Decision Point Area from the 5 Min Chart.
2. Earn at least 25 Points by entering and exiting short and/or long trades on a 1 min CL chart in a Decision Point Area from the 5 Min Chart.
   
3. Earn at least 2,5 Points by entering and exiting short and/or long trades on 5 min ES chart in a Decision Point Area
4. Don't make anymore trades once the profits are cashed in.

The opening of today looks like the 1st of October, so till we don't see prices above 1088 on the S&P we are pretty much in a downtrend. Indeed the S&P fall all the way down to 1081 so no early rally like yesterday was possible.

Then just before the US cash market open a wedge pattern formed, price broke out of the lower trendline into a decision point on the 1 min and from then rallied all the way up to the HIGH of the morning, the move ended with a typical hook reversal.

Profit 80 Points MTP Manual DP System FDAX
Profit 85 Points MTP Manual DP System CL
Profit 16 Points MTP Manual DP System ES
Profit 120 Points Automatic Overbought & Oversold System FDAX