DAX / FESX / BUND Daily Trade Plan

DAX Daily Trade Plan

Hi,

Been posting on another thread on this forum for a few days but as usual on these things it has a sociopath or two 😆

The point of this journal is to share my daily trade plan.

My trade plan is not an exact crystal ball prediction of the market movement, it is a guide to help me make decisions during the day and have pre-determined targets and potential entry points as well as an overall direction.

I'm a full-time professional trader using auction market theory and seasonal cycle strategies.

No exact entries or stop loss locations will be provided as that is a decision that every trader has to make on their own based on their own risk profile and trading methodology.

Last but not least I have selected an option to only allow people on my contact list to post here.

This is to discouraged EGO posts and MrKnowItAll posters. This is from a bunch of traders yelling "I am short at 10,XXX"..."Yippee, just hit my target"..."Damn just got stopped!..."Taking another short".. Never do this and never do that... Blah Blah Blah!

I have NO interest in this sort of thing.

DAX Trade plan ahead of 4th November 2015

Overall I'm looking to sell into rallies and false breakouts for the eventual breakdown of 10,882 for a pulse to 10,807/10 then eventually 10,725/40.

Currently short @ 10,961 & 10,980

Pre-market auction failed on the volume profile, last nights comment "sell into rallies and false breakouts"

Staying with shorts as per trade plan for now.