Thursday, January 14, 2010

14th January Thursday





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.

Thursdays Theme for the Stock Market:
Double top or bottom then sell off or rally (trending day)
5 FDAX Trades:
  • 2.45 am short (after 3.15 am upmoves)
  • short after 3.30 am (after 3.50 am upmoves)
  • long after 5.00 am,
  • after 6.10 am long
  • 8.30 news (= strong move, if sell-off long after 9, if rally short after 9)
  • short after 9.45 am
  • long after 10.00 am to DT
  • after 10.25 long
  • after 10.40 short
  • after 11.30 long
  • after 14.00 long
6 Crude Oil Trades:
  • after 2:15 am long
  • after 3:30 am long
  • after 4.45 am short
  • after 7.30 am long (attention 8.30 news!)
  • after 9.30 am short
  • 10:25 am long
  • 10:45 am short (new)
  • 11:25 am long
  • after 13:00 long
  • 14:00 am short
Profit 40 Points MTP Manual DP System FDAX
Profit 30 Points MTP Manual DP System CL

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