Goals for today:- 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.
- 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.
- 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.
- Don't make anymore trades once the profits are cashed in.
Determine trend, entry and exit points, times where I have to make a decision and trade my plan with a live account without hesitation.
Waiting for 10.30 news in the crude oil market then doing one trend trade that last till tomorrow morning.
On the FDAX a trending down move after the 3 am open (but this wednesday a scalp long since we are in a bull flag before the open) into a consolidation level (Notice on wednesday morning double bottom is a valid exit target for the first short trade, dont expect the trade to go to the Dp area) .Then waiting for double bottom for a rally before the 8.15 news that often is the high of the week and a sell off before and after the US open. Then around 10 am long but this one is most of the time not a trend trade so expect to exit or reverse if high potential around 10.30 am to 12 am.
Profit 148 Points MTP Manual DP System FDAX
Profit 90 Points MTP Manual DP System CL
Profit 11 Points MTP Manual DP System ES
Profit 148 Points MTP Manual DP System FDAX
Profit 90 Points MTP Manual DP System CL
Profit 11 Points MTP Manual DP System ES
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