Third Week Results

This week had 4 trades

1 positive: + 32 points
2 neutral: 0 + 0 points
1 negative: - 29 points

Weekly total + 3 points

Yearly result: 338 + 3 = 341 points

GFIs1

A week with so many big news - difficult to see normal patterns

Monday trade

Interesting constellation this morning in the DAX:
Started with up gap. IB made a wading thru 1h Kumo south and rests @ ~13900.
Lagarde speaking this morning and later in the afternoon...

Previewed trade: (watch entry time)

DAX short 12:30 to 15:00
entry @ 13847 (on track)
exit @ 13667
result + 180 points

GFIs1

edit 13:38 - a goal for 15:00 is a max of 13596 - we will see
edit 15:41 - a rarely used rule for this trade - but it worked well
and was announced before taking the trade

Finally - repeating myself: take what the market giveths to you

perfect timing

Tuesday trade

DAX is forming a "W" form - strong long

DAX long 9:30 to 14:30
entry @ 13749
exit @ 13924 - closed manually 13:40 (goal more than reached)
result + 175 points

GFIs1

edit 11:40 - on track - goal for 14:30 13896

Wednesday outlook

After 2 very positive days it is not sure if tomorrow Wednesday the volatility continues. Quite possible to not take a trade - depending on the start in the morning.
The pattern trading like used in this journal tells that when a Tuesday is very strong - the Thursday works like an echo to Tuesday.
So far a very good first month which might bring some extra points.

Good trades!
GFIs1

Wednesday trade

Asia mixed. No volatility. US numbers 14:30.
"W" in the DAX finished. Wednesday's short.

Preparing a trade - depending on the development next 2 hours:

DAX short 11:30 to 14:30
entry @ 13803
exit @ 13651
result + 152 points

GFIs1

edit 13:00 - 3rd day in a row traders paradise
Left some points on entry exit -

it looks like this week will become (or is already ) a monster-week

Thursday

Asia red - between -1.8 to 3% down this morning

Important Numbers today (stronger moves):
Germany harmonized consumer price index (Year) 14:00
US GDP (BIP) 14:30

DAX is nearing stronger support from Kumo in the daily chart

Looks not good for a normal trade today.
Checking for Walzer pattern(s) instead.

Good trades
GFIs1

edit 8:30 - pre cash lower lows than yesterday (down gap)
edit 9:30 - no down gap on IB
edit 10:05 - price now sitting on daily Kumo

Friday

Special end of month: Friday AND last of month...
Means special rule.

Asia all red this morning.
DAX higher yesterday. Might be a signal for a second attempt to dive into the daily Kumo.
We will see on the opening 9:00 plus IB 9 to 9:30.

GFIs1

Friday trade

DAX short 9:30 to 16:30
entry @ 13514
exit @ 13570
result -56 points

Goal 1: 13388
evt.
goal 2: 13146
goal 3: 12980

Good trades

GFIs1

edit 10:25 - some indecision in the market as price 30m is in Kumo. From entry 9:30 it went up to KijunSen @ 13563 just to turn down south.
edit 16:35 - scenario didn't work at all - Corona vaccines (EU) overruled everything today