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In fact - I was checking my best weekdays to trade the Dax
with this system.
Found that Wednesdeay is the best (counting 18 months) where
trades gave double of Monday and of Friday - over all weeks.
In this case...
a) sleep well on Sunday
b) do not get up on bloody Mondays
c) stretch all day long on Tuesdays
d) Put ALL IN on Wednsdays...
and
e) spend all gain on the long weekend
Hmmm...I think I could get used to this kind of life(style).
Thank for this thread and your great work !
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
After having seen some impressive upmoves recently, we are now exactly
before killing the 9'000 in the DAX. Another ATH then.
If it is seen today - ok.
In any case some pullback will arrive tomorrow.
Up to the moment the day had a range of 127 points - a trade
tomorrow will be ok.
Have checked the Fib Levels for the Dax out of the last movements here:
Seems that 9K is not ripe just now.
Fib-Levels are
61,8%: 8'999
100%: 9'142
161%: 9374
Some extra bullish power needed to reach next levels above.
Normally the bigger moves in the Dax are seen on Monday, Wednesday and Friday.
This week the first attempt to kill 9K was on Tuesday with a big boost.
Tomorrow Friday we will see IFO numbers (10:00).
Scenario could be: today attempt to make the jump over 9K - turning at 9033.
Friday's IFO is then alreday "included" and some retracing under 9K could
finish this shaky week.
Above scenario did not really work..
There was a peak in the Dax future over 9000 yesterday @ 12:08 but closed quickly lower. The
Dax itself did only reach 12 points under 9K.
Today is IFO day (good numbers expected).
Dax long 09:30 to 14:30
entry @ 8958
exit @ 8995
result plus 37
signal not so strong - SL tight
Good possible that today it works...
a) end of week
b) US numbers 14:30 (should be good as well)
c) the Dax future broke it already shortly - the Dax can follow now