Wednesday, February 17, 2010

18th February 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.
2 FDAX Trades (The last 2 days this day of the month method did work out, yesterday the US session closed lower, the day before yesterday the US session closed higher and it was a trending day, only monday we had a holiday and the pattern did not work out. So today the 14th trading day we should see a trending day):
  • 2.30 am - 4.15 am short
  • 5.00 am - 6.20 am trend
  • 7.15 am - 8.30 am short
  • 9.00 am trend
  • 9.45 am long
  • 10.15 am short
  • after 11.00 am trend (if short then trend till 11.45 am)

2 Crude Oil Trades:
  • 3 am short
  • after 4.30 am - 5.30 am trend
  • after 7.55 am - 8.30 am short
  • 8.30 am trend
  • 10.15 am short
  • 11.00 am trend
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL

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