Monday, November 23, 2009

23th November Monday









Goals for today:
  1. Earn at least 40 Points by entering and exiting short and/or long trades on a 1 min FDAX chart inside a Decision Point Area projected from the highs and lows from the 3 Min Chart.
  2. Earn at least 100 Points by entering and exiting short and/or long trades on a 1 min CL chart inside a Decision Point Area projected from the highs and lows from the 5 Min Chart.
  3. Earn at least 10 Points by entering and exiting short and/or long trades on a 5 min ES chart inside a Decision Point Area projected from the highs and lows from the 5 Min Chart.
  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.

Profit 138 Points MTP Manual DP System FDAX
Profit 210 Points MTP Manual DP System CL
Profit 6 Points MTP Manual DP System ES
Profit 0 Points Automatic Overbought & Oversold System FDAX

Monday Morning was tricky, so it really pays out trading the 1 Min DPs at the open and not wait for the price to be in a 3 Min DP Area.

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