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

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