Friday, March 12, 2010

12th March Friday



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.

5 FDAX Trades:
  • 3.00 am trend
  • 4.10 am - 5.00 am trend
  • 5.00 am trend
  • 6.00 am - 7.45 am trend
  • 8.20 am long
  • 9.00 am short
  • 9.40 am long
  • 9.55 am short
  • after 10.00 am trend
  • 11.00 am trend
  • after 12.40 am trend
  • after 2.30 pm - 3.30 pm long
4 Crude Oil Trades:
  • 3:30 am long
  • after 4:30 am trend
  • after 7.00 am trend
  • after 8.30 am long
  • 9.02 am - 9.30 am short
  • 9.30 am trend
  • after 10.05 am trend
  • 11.30 am short
  • 1.45 pm trend
  • after 2.05 pm long
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL

5 comments:

  1. NFP news? You mean unemployment? :))

    ReplyDelete
  2. and its of course not 4.10 short but a trend will happen after 4.10 like every friday

    ReplyDelete
  3. :-)

    you're done for today? Noticed you had the charts up already.

    ReplyDelete
  4. yes, I had to leave early today so no more daytrading, only swing trading short like i wrote here:
    http://dailyelliot.blogspot.com/

    ReplyDelete