Chapeau

GFIs1

Happy weekend!

Monday

FDAX
Gap: no gap
Gap closed during IB: x
Position price at 9:30: inside prior day HL
IB direction: long

DAX Long trade
Entry 10:30 @ 15420
Exit 14:30 @ 15372 (SL)
SL 48 pts
Result -48 pts

Historical results with this setup:
SumR 475 (33 trades/win% 67%)

So, SumR translates to a relative (to current FDAX price) result of 22 points per trade (SumR/No of trades/10000*9am open price >> 475/33/10000*15489)

Let’s see




FESX: Long 10:30-11:30 SL13 >> Result; -13 (SL)


edit 18:55: It looked so promissing today, trading in GFIs1 direction and with the same entry time> tomorrow another day

Tuesday

Considering yesterday's extreme values, and IFO at 10am today, there is no trade today

Markets seem not to move a lot today...
But the certain change in the interest rates in USA will change direction in many markets around the world. Be prepared.

GFIs1

Good trades!

Wednesday

FDAX
Gap: up gap
Gap closed during IB: no
Position price at 9:30: above prior day HL
IB direction: Very long

The gap up that didn't close doesn't give many historical trades, but adding this huge IB > no trade.

FESX same story

Beautiful Open Drive opening type in the DAX this morning.

homerus 

Beautiful Open Drive opening type in the DAX this morning.

Yeah, catching one like that is great. I just watched it happening

Thursday

FDAX
Gap: down gap
Gap closed during IB: yes
Position price at 9:30: below prior day HL
IB direction: long

The down gap that closed during IB only gives a few historical days, when combined with the base filters. So, no trade

FESX same story

Thanks for your journal, Deetee. Can you tell me what session close time do you use for DAX 17:30 or 22:00 CET?