03th November Tuesday

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 100 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 with 2 contracts.
   
4. Don't make anymore trades once the profits are cashed in.

Plan to archive these goals:
Determine trend, entry and exit points, times where I have to make a decision.

Like last Tuesday my plan is to short the FDAX after the 3.00 am open then cover the short at the Decision Point, go long around 5:30 to get to the for the double top, short (same for S&P) around 7:30 and finally cover the short at a Decision Point or 10:05 am and from then long. Due to the high volatility after the open its wise to have already a position from the high of the day.

Profit 80 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL
Profit 11,75 Points MTP Manual DP System ES
Profit 28 Points Automatic Overbought & Oversold System FDAX

How it played out that we did not get a massive short after the 10 am news but we had to wait for the double top and then at the lower Decision Point a Rally into the Close.