Goals for today:
- Trade according to my Plan with good feelings about the outcome.
- 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.
- 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.
- Don't make anymore trades once the profits are cashed in.
7 FDAX Trades (Short in the morning, long after US market opens like last month:
5 Crude Oil Trades:- 3 am trend
- after 4.10 am trend
- 5.00 am -5.30 am trend
- after 6.25 am trend
- 8.15 am downmove
- 8.30 am upmove
- after 9.30 am trend
- 9.50 am long
- 10.55 am trend
- 11.30 am trend
- 2.30 pm trend
- 2 am long
- after 3.15 am trend
- 4.00 am - 4.30 am long
- after 5.15 am trend
- 8.30 am - 9.30 am long
- 10.00 am trend
- 10.30 am trend
- after 11.20 am trend
- after 12.30 am trend
- ater 1.30 pm trend
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL
Profit 100 Points MTP Manual DP System CL
Hi,
ReplyDeleteI know you've explained this many times, but your ''trend'' still is quite the mystery. Take yesterday; for example, I really can't read any trend out of those moves.
I remember when I first found your blog, you wrote long, short, short, long, ..., and I understood what you meant. Unfortunately, now it doesn't make much sense. :)
Have a great one! :-)
:-)))))))
ReplyDeletethats trading, i removed the long and short because, if price is overbought and I am expecting a trend to happen at a certain time then its much likly to be short (all i know in advance that there will be a trend at a certain time but how the price behaves in a decision point area at that time will determine where it goes)
PLUS
this and next week will be 1 hour offset for the dax since the US is already at summer time. (dax opens now at 4 am)
above 5942 i would go long (have a look at the magenta color, so tuesday is historical a long day, after the dip in the morning
ReplyDeleteyeah.. and you know what I don't really enjoy? The fact that ATR has really come down. Now the daily moving average is about 72 points (when it used to be 100-110).
ReplyDeleteEven if it is long above 5942 - for how long? 5951? These points look really small because I've used to get 20-30 (40-50) points out of a trade. Huhh :)))
yes you are correct from 5942 to 5951
ReplyDeletejust 9 points (but 9 save points)