My plan to close the open Swing Trade

As Tuesday works like described (price has made a new lower low to yesterday) - the trade shall be closed 17:00 today.

Quite possible that we are moving into a sideways phase for a some time.

GFIs1

Closing the Swing Trade

entry short (Tuesday) 14027
closing today 17:00 @ 13346
result: + 681 points

GFIs1

Looking to Wednesday

Even a Wednesday is normally a red day - we need to watch this from a different angle. There is a high possibility to see tomorrow Wednesday as a reversal day - means getting green.
As announced here on the weekend.
Not really important for my trades here - but a hint for those who think a Wednesday is always with a bearish movement.

That might be THE exception within this month.
Good trades

GFIs1

Wednesday trade

Scenario today as described. Thus

DAX long 9:00 to 14:30
entry @ 13458
exit @ 13433
result -25 points

GFIs1

14:30 US retail numbers & controlling numbers
18:20 EU ECB Lagarde speech
20:00 FED interest decision & outlook
20:00 US FOMC

A heavy and most important day...

US interest up 0.75%

very strong for those weak markets...

GFIs1

Thursday trade

DAX short 9:00 to 17:00
entry @ 13450
exit @ 13012 (TP!!) - low on this leg was 13007...
result + 438 points

GFIs1

edit 9:40 - wading thru same Kumo (30m) in reverse manner is a violation. Means a acceleration of the price - here down...
Looks like that strong move in 40 minutes during cash hours will give new lower levels today.

edit 9:57 - IB 1 hour made a hi/lo (13514 - 13183) a record of 331 points

edit 11:35 - have set a TP @ 13012. What ever comes first...

Week 24 result

These extended weeks had 4 trades
two negative: -30 -25 points
two positive: + 681 (end of swing trade) + 438 (day trade)
weekly result: + 1064 points

yearly result: 3248 + 1064 = 4312 points

GFIs1

No trade tomorrow!

Happy long weekend

Today

The TP on my chart showed 13006. Fibo line 261%.
Decision for security (this time) was 13012.
Low was 13007 -

Everything fine!
GFIs1

edit 17:55 After cash hours the 13k were killed - low 12996...

LOL - agian, I missed the entry and decided not to run after the trend. big mistake. again.
however, congrats to your trade.

GFIs1 

Thursday trade DAX short 9:00 to 17:00 entry @ 13450 exit @ 13012 (TP!!) - low on this leg was 13007... result + 438 points GFIs1 edit 9:40 - wading thru same Kumo (30m) in reverse manner is a violation. Means a acceleration of the price - here down... Looks like that strong move in 40 minutes during cash hours will give new lower levels today. edit 9:57 - IB 1 hour made a hi/lo (13514 - 13183) a record of 331 points edit 11:35 - have set a TP @ 13012. What ever comes first...

Just for the documentation of charts beside the results from @GFIs1. There is one interesting hint in the daily chart you may see.





Symple