Monday trade

Assuming that THIS new gap will not being closed today plus expecting a good speech of Lagarde:

DAX long 9:00 to 17:30
entry @16389 GAP CLOSED ON ENTRY
exit @ 16412
result + 23 points
...well - sideways after a peak @ the beginning
The push should come soon

GFIs1

A glimpse @ the rallying DAX this morning and a probable goal:



Please see actual adaption of the FIB projections to the last posted chart.
Good trades!
GFIs1

Dear colleague @GFIs1

I don't want to spoil your enjoyment of a "Bull market", but I would like to draw your attention to these charts. I can't say how quickly they will materialize, but something is coming.





Symple

Tuesday

Asia 5:1 red - Top Mumbai +0.33%, Flop Hang Seng - 2.0%

Gold down @ 2034
btc$ up up @ 41653 !!

Numbers: US ISM numbers 16:00
Speeches: none

DAX pre cash 7:30 @ 16414 - in the middle of yesterday's range

Today a red bias

GFIs1

Tuesday trade

DAX long 9:30 to 14:30
entry @ 16424
exit @ 16473
result + 49 points

GFIs1

edit 11:15 - the FIB 261 (16460) had been killed - yesterday just touched.
DAX ATH sits @ 16529
Looking foward to see this goal reached soon - less than 70 points to go.

New ATH (s) in the DAX

Yesterday in the last trading hour - a new ATH in the DAX reached 16547

In this rally we see no end though.

Reasons for a positive Nov/December in the DAX:
- most important is the stop of rising interest rates with a possibility to see lowering in 2024
- there is a big liquidity in the stock market(s), gold and Coins.
- end of November people get 13th rate of salary. If the stocks are in a good condition - that extra money will flow into the market
means more liquidity and often a signal for rising numbers (getting some extra in the last month of the year)


GFIs1

Wednesday

Asia all green - Top NIKK +2.04%

Gold down @ 2025
btc$ up up @ 43735 !!

Numbers: EU Retail Sales 11:00, US ADP Employment change 14:15
Speeches: none

DAX pre cash 7:30 @ 16563 - gap up and new ATH
DAX 261% FIB sits @ 15582 which should be reached quickly

Today a green bias

GFIs1

Wednesday trade

DAX long 9:00 to 16:30
entry @ 16563 (gap up)
exit @ 16652 (15:06: TP) @ 16652 (FIB)
result + 89 points

GFIs1

edit 9:08 - the gap to yesterday is closed
edit 12:01 - there we go: up! Sitting @ the 261% FIB line
edit 15:09 - got out on upper FIB line. Now preparing for St. Nikolaus with the children...

Good trades!

ATH - Development on the DAX with a glimpse on FIB projections

the Chart:



It hasn't finished yet...

GFIs1

My decision of closing 16:30 was the jackpot

As announced before I left the desk, DAX price is running up.
And it did.
There are no worries - just looking to get the most out of the chart.

This was it for the week. Movements will not being seen with this force we had.

Happy wins

GFIs1