06th January Wednesday

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.

Wednesday Theme for the Stock Market:

Clear Base then Rally then Sell Off after the Spike up

7 FDAX Trades:

• 3.00 long
• after 3.10 short
  
• after 5.00 trend entry
  
• 6.15 to 7.15 bullish (enter short after 7.15 to avoid chop)
  
• after 7.45 after trendline break reverse (interessting today the break occured not in a DP area so i did not went long)
  
• strong move and reversal (long after 9.00, or 9.30 in 1 min dp area, after 9.40 short)
  
• long after 10.30
  

5 Crude Oil Trades:

• 5.00 short
• 7.30 long (3 up moves each after trendline break) till 10.30
• 10.30 short scalp
  
• 10.54 long
  
• 13.45 long
  
• 14.15 short
  

Profit 50 Points MTP Manual DP System FDAX
Profit 50 Points MTP Manual DP System CL

Today was similar to the 9th of December the first Decision Point below prior days low was the perfect long entry.