Monday

BATTLE @ 18k: is no theme right now.
Asia all green
DAX pre cash 7:30 with gap up @ 18230

Tomorrow Tuesday - last of April! Window Dressing drives the markets.
The gap pre cash had been closed before the opening.
And the price formed a "Double Top" with April 24 high.

GFIs1

Monday trade

DAX long 9:00 to 16:30
entry @ 18208
exit @ 18178 (SL)
result - 30 points

GFIs1

Tuesday trade

DAX long 9:30 to 16:30
entry @ 18083
exit @ 18053 (SL)
result - 30 points

Trade start candle did not work upon rules
as it didn't reverse as planned...

GFIs1

Tomorrow 1st of May - Frankfurt closed!

Tomorrow 20h US FED Interest Decision!

Thursday trade

DAX short 9:00 to 17:30
entry @ 17945
exit @ 17906
result + 39 points

GFIs1

Friday trade

DAX long 9:30 to 17:00
entry @ 17943
exit @ 17974
result + 31 points

GFIs1

Battle @ 18k line in progress...

Week 17 result

This week had 4 trades

Two positive + 38 + 31 points
No neutral 0 points
Two negative - 30 - 30 points

Weekly result: + 10 points

Total 1250 + 10 = 1260 points

GFIs1

Monday trade

DAX long 10:00 to 14:30
entry @ 18020
exit @ 18192
result + 172 points

GFIs1

Reflection of Today's Trade

entry: PERFECT
exit: EXCELLENT
Gain: very good for a day trade

As you can see - the cookbook is sometimes without words...
and ALL written IN ADVANCE!

Good trades
GFIs1

The chart from the live trade here:

GFIs1 

Reflection of Today's Trade The chart from the live trade here: [/SIZE]

I see you drew the Fib retrace at levels that are not tops and bottoms of candles.
Do you use a different timeframe to draw the Fibs?
How do you determine where to place the Zero / 100 positions?

Thanks,

DavidHP 

I see you drew the Fib retrace at levels that are not tops and bottoms of candles. Do you use a different timeframe to draw the Fibs? How do you determine where to place the Zero / 100 positions? Thanks,

Hi @DavidHP - thx for the question

The FIB lines from today were not really handy as the 30m charts for a week to start were not adequate. Admitted.
It was therefore the candle count which made the trade: 9 (NINE) green candles in a row. As everyone can see in that chart.
That was from the cookbook. No FIB's were important here - that was just part of the original chart.

As you can see in earlier trades (March / April) you can see that the FIB previews were quite adequate...
FYI: I am taking the 'body' of the candle - not the wicks.

GFIs1