Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Triple witch week with many numbers, news, speeches.
Asia mixed - strong differences.
btc$ up - nearing 40k again.
G7 ended, today and tomorrow NATO meeting in Brussels.
Wednesday Biden Putin Meeting in Geneva.
US no important numbers today.
DAX started pre cash in the zone of ATH.
Looking until Friday some window dressing is obvious - means up.
DAX back to above entry of yesterday (IB before new ATH).
Good support from Kumo 30 & 60m for today.
Might give better predictable trades on Tuesday and Thursday.
Asia mostly green.
btc$ stable above 40k.
US important numbers 14:30 and 16:30.
No speeches.
US Biden lands in Geneva for Putin meeting tomorrow.
Geneva totally locked down since yesterday: because US, Russia
and Switzerland made a security area like never before in the small country.
DAX long 9:30 to 16:30
entry @ 15775
exit @ 15735 (SL)
result -40 points
GFIs1
edit 18:40 - DAX went up early near the ATH from yesterday - but didn't get further. After that the sideways on the 2 previous day ranges was the result. There is in fact nothing that prevents from higher prices and new ATH's. Of course this trend is not to copy/paste into the trading day ahead.
First of all thanks for your tradelog.. Really enjoy reading it and learning from it.
I have a question regarding your next resistance when it is an all time high.
How can you come up with a resistance when the dax enters uncharted territory? Bc no volume have been traded obviously at those levels.
Not trying to steal your trade algo. So np if you dont want to share. I was just curious.
Nothing to hide here: a goal for a further ATH was charted with the Fibo levels on the latest up - the 261% is the number you are curious about. Normally this is a take profit (TP) line as well. It works like a turning point - even in uncharted area. Works nearly always.