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Goals for today:- Only take trades that are in my trade plan and trade with positive feelings about the outcome of every trade.
- 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.
- 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.
- 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.
Fridays Theme for the Stock Market:
Rally into the 8.30 News then Sell off the Overbought Market.
On the FDAX Bullish / Sideway in the morning (long after it dips after the 3 am open) and bearish or neutral after 5 am or a move down at 4 am like last week. Like the 2nd friday last month (13th november) ago we could see a sell off at 7 am a rally on the 8.30 news another sell off at 9.30 and finally after the 10 am news a big uptrend. Important to avoid chop like last friday where only 4 trades where possible 3 am, 4 am, 8.30 am, 9.30 am and the counter move after 10.15 am.
Profit 30 Points MTP Manual DP System FDAX
Loss -21 Points MTP Manual DP System CL
Rally into the 8.30 News then Sell off the Overbought Market.
On the FDAX Bullish / Sideway in the morning (long after it dips after the 3 am open) and bearish or neutral after 5 am or a move down at 4 am like last week. Like the 2nd friday last month (13th november) ago we could see a sell off at 7 am a rally on the 8.30 news another sell off at 9.30 and finally after the 10 am news a big uptrend. Important to avoid chop like last friday where only 4 trades where possible 3 am, 4 am, 8.30 am, 9.30 am and the counter move after 10.15 am.
Profit 30 Points MTP Manual DP System FDAX
Loss -21 Points MTP Manual DP System CL
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