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• normally the week before Christmas gives some valuable points
• 3rd Friday (here 21st) is triple witch - just before the weekend (attention!)
• The week after Christmas is a very short one - thus NO trades here!
As I will finish this journal thread - the last trade might being taken on 21st:
3 trades on Monday, Wednesday, Friday are ahead.
By then the yearly results are given as well.
Happy weekend
GFIs1
PS: the GFIs1 Hi/Lo thread (Walzer) will be supported in 2019. But no longer
as a signal (before taking a trade) thread. Just to sum up automated trades
taken by the system to see how volatile times may give some very interesting
positive results with normally low risk.
Next week again triple witch on (3rd Friday) @ 13:00h for the DAX.
Will not be so relevant: not much vola foreseen as the December rally happened reverse...
Last Dec trade on Wednesday - first March19 future trade on Friday.
FED tonight 20:00h, triple witch Friday 13:00h, tendency down until end of year...
Dax short - probably breaking out of trend channel on the down side - 9:30 to 15:30
Trade still on Dec18 contract (last trade with this contract, switching to Mar19 on Friday)
Looking back to my post from Dec. 10 where I showed my glimpse on 2019 we get some insight and learn about interesting points of how to read an Ichimoku chart properly:
There are really only few very important points:
1) to see price wading through the Kumo (cloud) properly - ALWAYS - if NOT the cloud stops further development
2) see pattern of 1-2-3 attempts to wade through... normally it is on 3rd. And Kumo needs to be horizontal on top for a (before) short price going long --- and vice versa
3) as long the (future) Kumo is still with both lines going in the same direction - price will not cross Kumo
Have a look onto the actual chart - the development is like said 2 weeks ago - and the proof is within this chart: