Goals for today:
- Trade according to my Plan with good feelings about the outcome.
- Earn at least 40 Points by entering and exiting short and/or long trades on 1 min FDAX chart in the Decision Point Areas from the 3 Min Chart.
- Earn at least 100 Points by entering and exiting short and/or long trades on a 1 Min Chart in the Decision Point Areas from the 3 Min Chart.
- Don't make anymore trades once the profits are cashed in.
Determine trend, entry and exit points, times where I have to make a decision and trade my plan with a live account without hesitation.
Mondays Theme for the Stock Market:
Bearish in the morning after 9.30 am Bullish.5 FDAX Trades:
- 3.00 am long
- 3.05 am short till 4 am or trendline break
- after 3.30 am long after trendline break
- 9.20 am long
- after 2nd swing up (at dp area) trade in direction of todays trend (long)
- 10.15 reverse (if linear trend up this one can end, if spike down after news this can mean trend continuation)
- 1.50 am to 3.30 am short
- 3.00 am to 6.30 am move in direction of todays trend (long)
- 8.15 am long
- 10.45 am short
- after 11.45 am long
- 14.15 short
Profit 36 Points MTP Manual DP System FDAX
Profit 40 Points MTP Manual DP System CL
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