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