Thursday, December 31, 2009

Review 4rd Week of December

Crude Oil:






























DAX:

Wednesday, December 30, 2009

30th December Wednesday





Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 FDAX Points by entering and exiting short and/or long trades on 1 min chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Crude Oil Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas 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 and trade my plan with a live account without hesitation.

Wednesday Theme for the Stock Market:
Clear Base then Rally then Sell Off after the Spike up

7 FDAX Trades:
  • 3.00 long
  • after 3.15 short
  • after 5.00 trend entry
  • 6.15 to 7.45 bullish (enter after 7.30 to avoid chop)
  • short after 7.45 after trendline break down
  • strong move and reversal (long after 9.00, after 9.40 short)
  • long after 10.30
5 Crude Oil Trades:
  • 5.00 short
  • 7.30 long (3 up moves each after trendline break) till 10.30
  • 10.54 long
  • 13.45 long
  • 14.15 short
Profit 30 Points MTP Manual DP System FDAX
Profit 15 Points MTP Manual DP System CL

Tuesday, December 29, 2009

29th December Tuesday



Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 FDAX Points by entering and exiting short and/or long trades on 1 min chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Crude Oil Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas 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 and trade my plan with a live account without hesitation.


Tuesdays Theme for the Stock Market:
Double top then short or Double bottom then long
8 FDAX Trades::
  • 3.00 short
  • after 3.45 trendline break short
  • 5.45 long
  • 7.30 short till 8.30
  • after 8.30 long
  • 2n long after 10.00
  • after 10.20 short
  • long after 11.20
7 Crude Oil Trades:
  • after 3.30 short
  • after 5.30 looking for short setups
  • after 8.00 long till 9.10 (if there are no news, looking for long setups ealier, after 7.00)
  • after 9.15 short
  • after 10.30 2nd short
  • after 11.00 long
  • 14.15 short

Profit 05 Points MTP Manual DP System FDAX
Profit 40 Points MTP Manual DP System CL

Monday, December 28, 2009

28th December Monday




Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 Points by entering and exiting short and/or long trades on 1 min FDAX chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas from the 3 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 and trade my plan with a live account without hesitation.

Mondays Theme for the Stock Market:
Short 3 am till 6.30 am, after 9.30 Long then Short and after 11 am long.

5 FDAX Trades:
  • 2.50 am short till 4 am or trendline break
  • after 3.30 am long after trendline break
  • 9.20 am long
  • after 2nd swing up (at dp area) trade in direction of todays trend (short)
  • 10.15 reverse
5 Crude Oil Trades:
  • 1.50 am to 3.30 am short
  • 4 am to 6.30 am move in direction of todays trend (long)
  • 8.15 am long
  • 11 am short
  • after 12.00 am 2nd short

Profit 0 Points MTP Manual DP System FDAX
Profit 20 Points MTP Manual DP System CL

Like on the 14th December we had a gap up and then the typical slow down trend, therefore I did not take the long trade after 3.30 am.

Thursday, December 24, 2009

Review 3rd Week of December




DAX:

Wednesday, December 23, 2009

23th December Wednesday



Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 FDAX Points by entering and exiting short and/or long trades on 1 min chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Crude Oil Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas 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 and trade my plan with a live account without hesitation.

Wednesday Theme for the Stock Market:
Clear Base then Rally then Sell Off after the Spike up

5 FDAX Trades:
  • 3.00 long
  • 2nd long after 3.25
  • 5.00 to 6.00 or 7.00 trend
  • short after 8.20 after trendline break down
  • strong move and reversal (long after 9.00, after 9.40 short)
  • long after 10.30
  • trend after 11.00 till 11.45
  • long after 13.45
5 Crude Oil Trades:
  • 3.00 long
  • 5.00 to 6.00 or 7.00 trend
  • short after 8.20 after trendline break down
  • 9.00 long
  • after 11.00 looking for short setups
  • 13.30 short
Profit 30 Points MTP Manual DP System FDAX
Profit 50 Points MTP Manual DP System CL

Tuesday, December 22, 2009

22th December Tuesday





Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 FDAX Points by entering and exiting short and/or long trades on 1 min chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Crude Oil Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas 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 and trade my plan with a live account without hesitation.


Tuesdays Theme for the Stock Market:
Double top then short or Double bottom then long
5 FDAX Trades::
  • 3.00 short, 3.20 long
  • after 3.40 looking for short setups till 7.30
  • 2nd short 8.10 till 8.30
  • after 8.30 long
  • 2n long after 9.50
  • after 10.30 short till 13.00 then sideways (on bullish days maybe one more long)
5 Crude Oil Trades:
  • 3.10 long
  • 5.00 trend
  • 8.30 long till 10.30
  • 12.45 long
  • 14.00 short

Profit 50 Points MTP Manual DP System FDAX
Profit 40 Points MTP Manual DP System CL

Monday, December 21, 2009

21th December Monday




Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 Points by entering and exiting short and/or long trades on 1 min FDAX chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas from the 3 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 and trade my plan with a live account without hesitation.

Mondays Theme for the Stock Market:
Short 3 am till 6.30 am, after 9.30 Long then Short and after 11 am long.

6 FDAX Trades:
  • 2.50 am short till 4 am or trendline break
  • after 3.30 am long after trendline break
  • after 5.30 am move in direction of todays trend (long)
  • 9.30 am till 10 am long
  • after 9.54 am move in direction of todays trend (long)
  • 11.10 am long
5 Crude Oil Trades:
  • 2.30 am to 4 am short
  • 5 am to 7.30 am move in direction of todays trend (long)
  • 9.10 am strong move
  • 11 am short
  • after 12.00 am 2nd short

Profit 40 Points MTP Manual DP System FDAX
Profit 60 Points MTP Manual DP System CL

Sunday, December 20, 2009

Review 2nd Week of December

DAX:



Saturday, December 19, 2009

Review 2nd Week of December






Crude Oil:

Friday, December 18, 2009

18th December Friday





Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 FDAX Points by entering and exiting short and/or long trades on 1 min chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Crude Oil Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas 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 and trade my plan with a live account without hesitation.

Fridays Theme for the Stock Market:
Rally into the 8.30 News then Sell off the Overbought Market.

BUT today is options expiration so like friday last month this means:
  • Rally till 5.30 then sell off,
  • long after 7 am till 9.50 or
  • doubletop from 10 to 11 am then another sell off
  • long trend after 11.45 am till monday

7 FDAX Trades:
  • 2.50 am long (3 waves)
  • 5.50 am short (if overbought)
  • long after 6.55 am
  • short after 8.30 am
  • long after 9.30 am
  • after 10.20 am short after a double top (with void, so it can be shorted with low risk)
    2nd short entry after 11 am till 11.30 am.
  • long trend after 11.50am till 15.40
5 Crude Oil Trades:
  • 3 am up
  • 6 to 7 trend
  • 8.30 move in direction of trend (on news)
  • 9.00 to 11.20 short
  • 11.20 to 13.40 long
Profit 75 Points MTP Manual DP System FDAX
Profit 70 Points MTP Manual DP System CL

Thursday, December 17, 2009

17th December Thursday





Goals for today:

  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 FDAX Points by entering and exiting short and/or long trades on 1 min chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Crude Oil Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas 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 and trade my plan with a live account without hesitation.

Thursdays Theme for the Stock Market:
Double top or bottom then sell off or rally (trending day)
5 FDAX Trades:
  • 3.00 am long
  • short after 4.20 am after trendline break
  • long after 6.30 am trendline break
  • short after 9.40 am
  • long after 10.45 am
4 Crude Oil Trades:
  • after 2:15 am short
  • after 3:30 am long
  • after 5.15 am short
  • after 9.00 am long

Profit 25 Points MTP Manual DP System FDAX
Profit 36 Points MTP Manual DP System CL

Wednesday, December 16, 2009

16th December Wednesday




Goals for today:
  1. Trade according to my Plan with good feelings about the outcome.
  2. Earn at least 40 FDAX Points by entering and exiting short and/or long trades on 1 min chart in the Decision Point Areas from the 3 Min Chart.
  3. Earn at least 100 Crude Oil Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas 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 and trade my plan with a live account without hesitation.

Wednesday Theme for the Stock Market:
Clear Base then Rally then Sell Off after the Spike up

5 FDAX Trades:
  • 3 am long
  • long after trendine break after 3.45 am
  • long after trendine break after 6.30 am
  • short after 8.20 after trendline break down
  • long 9.30
  • long after 10.30
  • short after 11.30
  • long after 13.45
3 Crude Oil Trades:
  • 3 am long
  • 9 am long
  • 13.30 am short
Profit 70 Points MTP Manual DP System FDAX
Profit 130 Points MTP Manual DP System CL
I detected the pattern chance in the morning and traded the 2 additional moves up. Nevertheless after a double top there might now be a shorting opportunity, the method to use the trend line break as a confirmation is great! On the curde oil market the trendline method protected my from taking a short trade that I would have done in the past.
A thing to remember is to always let the trade from the crude oil news event at 10.30 am run till the close especially if you have a valid target (5th elliot wave target) like today.