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There is a 30 point SL for "medium risk" - for "high risk" 40 points.
I am trading the Dax for several years now.
The daily intraday trades are posted on futures.io (formerly BMT) now for a year - on Twitter more than a year.
GFIs1
Can you help answer these questions from other members on NexusFi?
hehe... I know already about the Thursday trade ;-)
After a Hi/Lo of more than 150 points today -
there will be NO Thursday trade! This is fine as tomorrow
a ECB decision will mix up the markets...
So we will only have a week with three trades - so what.
Looking forward on a nice move on friday though.
I will also try to start a journal when I am used to futures.io (formerly BMT), I usually do 3-4 intraday trades on Dax so its great to also see your longer term planning thoughts.
Btw - I joined Twitter and set it to follow you ok, but nothing comes in, anything obvious I miss? (apart from brain...)
Thanks - my twitter input is only 3 tweets a day - direction / entry / exit & result
Here on futures.io (formerly BMT) the stuff is discussed a bit more in depth.
I only can encourage you to start your journal as soon as possible - the
questions and help from futures.io (formerly BMT) members will make you fit in no time.
Can I ask you what´s the actually reason is for not taking a trade the day after a Hi/Lo of more than 150 points?
Another question that I have is regarding Thursday short days. Have you made a statistic how often they percentaged occur? Thanks for sharing.