Monday trade

DAX long 9:30 to 17:00
entry @ 14122
exit @ 14092 (SL)
result - 30 points

GFIs1

Don't be fooled by high volume and especially high volatility.
If not sure to take a trade - stay at the sidelines.
edit 9:16 - gap to Friday closed - some getting back to Friday close is on the way
edit 10:10 - price climbing again from its Pivot Point which shows 14064 today.
Oil price again above $60/barrel - in hope of economy relief in USA

PS: at least the btc$ made it to new highs - already tipped 44777 - châpeau!

Tuesday

Bitcoin rallied this morning up to $48269... Those who said at the beginning of the year with prices of $19500 btc might go up to 100k in 2021 were very rare. Interesting how quickly electronic coins are turning the markets... not finished yet!

DAX started this morning with a gap down. Looks good for a trade when the scenario lasts on IB.

GFIs1

Tuesday trade

DAX short 9:30 to 16:30
entry @ 14049
exit @ 14014
result + 35 points

GFIs1

GFIs1 

Tuesday Bitcoin rallied this morning up to $48269... Those who said at the beginning of the year with prices of $19500 btc might go up to 100k in 2021 were very rare. Interesting how quickly electronic coins are turning the markets... not finished yet! DAX started this morning with a gap down. Looks good for a trade when the scenario lasts on IB. GFIs1

The "Elon Musk" move in Bitcoin is still valid

Wednesday trade

DAX long 10:30 to 15:30
entry @ 13998
exit @ 14030
result + 32 points

GFIs1

Thursday trade

DAX short 11:30 to 17:30
entry @ 13988
exit @ 14018 (SL)
result -30 points

Thin signal - tendency horizontal with no clear direction.
Rule gives short for the afternoon.
Sideways - didn't work...

Good trades
GFIs1

edit 10:05 - battle @14k again in one move up - therefore new exit time.

a possible scenario:

Friday trade

Asia mixed - low vola
USA zero movement
China closed for days (New Year)
Germany DAX battle @ 14k (again )
Not too much to expect

DAX long 9:30 to 14:30
entry @ 13969
exit @ 13994
result +25 points

GFIs1

Week 6 Results

This week had 5 trades

3 positive: + 35 + 32 + 25 points
2 negative: - 30 - 30 points

Weekly total + 32 points

Yearly result: 812 + 32 = 844 points

GFIs1

Not a nice week as the index battle around 14k made most sideways moves. Unpredictable and without any direction. Hope to see more vola and at least a clear direction for next week(s).
We take what the market has to offer.
So far we are on track - nearing + 1k points within less than 2 months...

A glimpse on BTC$

We saw in the morning a new ATH @ 48945.
Possible to see 50k in the next weeks.

Younger coins are making big jumps up too at the moment - we need to watch where the beef is.

Have a great weekend!
GFIs1

Monday - US Presidents Day

Asia all green.
DAX pre cash with strong gap up - to 14150 area.
BTC$ with new ATH.

No trade today as US is closed. - Unpredictable moves and no patterns that work.

Good trades and / or happy holiday!
GFIs1

edit 9:30
except watching a upcoming Walzer

As no Walzer pattern formed I took a fun trade on the up gap rule
DAX short 10:00 to 13:30
entry @ 14110
exit @ 14103
result + 7 points! Thanks for the fun

Well - the low volume is not pushing much...