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

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