17th 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.

On Tuesday this usually means consolidation at the open looking to go short once price is above prior close or high and then a sell off and an after noon rally.

Starting with a sideways market I am expecting the DAX to trade lower into the US market open and from then rally and make another move down, so that after 12 am we can see rising prices till the end.

Crude Oil slowly rising and then a sell off.

Profit 20 Points MTP Manual DP System FDAX
Profit 60 Points MTP Manual DP System CL
Profit 8 Points MTP Manual DP System ES
Profit 10 Points Automatic Overbought & Oversold System FDAX

How it played out was that crude oil was falling in the morning and then rallying after 7.45 am. The DAX traded as expected sideways in the morning and then after the sell off a nice uptrend into the close.