Thursday, October 29, 2009

29th October Thursday







Goals for today:
  1. Earn at least 40 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 200 Points by entering and exiting short and/or long trades on a 1 Min Chart in a Decision Point Area from the 5 Min Chart.
  3. Earn at least 10 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.
Plan for today like last Thursday is going short on double tops and using an entry after new spike lows for 2 potential uptrends, so not more than 4 trades today.

Well we did not get new spike lows but double bottom on 5 am provided a good long entry point, also the flux capacitor prediction told me that from 4:54 till 9:40 there will be an uptrend...

The best thing today was that just around 8:30 we where at a 5 Min DP so entering long in the predicted direction of the flux capacitor indicator was very very good, especially with the predicted end of trend in the morning around 12:30 there was enough time to get some re-entries.

Profit 90Points MTP Manual DP System FDAX
Profit 110 Points MTP Manual DP System CL
Profit 8 Points MTP Manual DP System ES
Profit -20 Points Automatic Overbought & Oversold System FDAX

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