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.
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: (5th trading day seams to be a bearish day before the NFP news)
- 3.00 am trend
- 4.10 am - 5.00 am short
- 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 10.05 am long
- 10.30 am short
- 11.00 am long
- 13.00 long
- after 15.10 long
4 Crude Oil Trades:
- 3:30 am long
- 4:55 am trend
- after 7.00 am trend
- after 8.30 am long
- 9.05 am - 9.30 am short
- 9.30 am trend
- after 10.05 am trend
- 13.55 trend till 14.30
Profit 40 Points MTP Manual DP System FDAX
Profit 100 Points MTP Manual DP System CL
Profit 100 Points MTP Manual DP System CL
Morning,
ReplyDeleteFrankly, I'm a bit confused here. What did you mean by ''trend'' again? :-)
Do you mean some overall trend (maybe from 4H charts or smth)? Cause it's quite impossible to read any kind of trend out of one hour moves in the morning. :))
Cheers!
trend just means at 3 am and at 5 am I am expecting a trend to start (long or short depending on the blue or red bars that will appear at that time), like it did the last fridays. When I write 6 - 8 am trend, than in this very long timeframe a trend will start so I am paying attention how the price behaves in decision areas...
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