GFIs1 

First Thought - The big Picture first Instead of testing every new indicator back and forth on any or many market(s) it is more useful to find the few markets that move with certain patterns. If we can see some patterns we can form some rules for repeating movements. Getting the big picture of a market first and examine the details within can be very lucrative. Forex markets are highly influenced from various forces and are therefore the most difficult markets to above experiments. Many new traders have to deal with the most difficult animal. The "profits" then are only flowing to the brokers and the marketing people. What is marketed as the simplest trading-market proofs to be the most unpredictable thus the one with the highest risk and loss. Finally let us find the market first that fits our needs and personality and then find the right tools to do the trades - not vice versa. (to be continued) Agent provocateur GFIs1

interesante

Thursday

Asia 5:3 RED (New catalog of 8 Asian Stock Exchanges) - Top Shenzen Comp + 1.03% - Flop NIKK -1.59 %

Gold down @ 2035
btc$ down @ 42712

Numbers: US Gross Domestic Product GDP 14:30 & some working numbers
Speeches: none

DAX pre cash 7:30 @ 16669 ! a gap down after a slip of 154 points (EOD cash) to the low in the night - triggered by US and later Asian stocks.
Opening pre cash here in the lower part of night prices

Today a red bias

GFIs1

Thursday trade

DAX short 9:00 to 14:30
entry @ 16665
exit @ 16675
result - 10 points


GFIs1

edit 11:22 - price must touch next lower FIB line (161.80%)) @ 16600 at least to continue

edit 11:57 - next FIB level right after is with FIB (261.8%) @ 16422) maybe in the next day's

Friday

Asia 4:4 (New catalog of 8 Asian Stock Exchanges) - Top Bombay + 0.5% - Flop Hang Seng -1.53 % in total low vola

Gold up @ 2047
btc$ up up @ 44241

Numbers: US PCE Indicator for personal consuming 14:30 - US Uni Michigan consumer confidence 14:30
Speeches: none

DAX pre cash 7:30 @ 16671

Today a red bias
GFIs1

Friday trade

DAX short 9:30 to 14:30
entry @ 16681
exit @ 16711
result - 30 points


GFIs1

Week 51 result

This week had 5 trades

One positive: + 84 points
No neutral: 0 points
Four negative: - 30 - 30 - 10 - 30 points

Weekly result: - 16 points

GFIs1

Hey GFIs1,
Maybe this was asked before but I do not know how I search in such a big thread, but where do you base your bias one, if I may ask?

nilserik 

Hey GFIs1, Maybe this was asked before but I do not know how I search in such a big thread, but where do you base your bias one, if I may ask?

Hi @nilserik - thanks for the question.
Well BIAS is not connected with my rules. A bias is given by previous markets US (over night) and especially the ASIA markets (60%) in the morning of EU hours. Then upcoming numbers in Germany and US on the trading day are very important to reveal some market up's or down's. That is weighing 40%.
As said - my rules are the base for a trade. The Bias may not be influencing a trade over all.
Hope this helps!

Happy Christmas
GFIs1

GFIs1 Year 2023 Final Result

Back to a special Week 42 where @Big Mike changed the platform to NexusFi.
My trading reports got spoiled as I used a lot of time to get into the new layout of the site and to document live probable faults and / or difficulties to get the trade content into the site.
A main lack in my journal was obviously some missing results - especially the weekly total and the year to date intermediate total numbers. Now as things got back to normal - the site is really well done now and has gotten more beneficial handling - I present now the missing piece since Week 41 when my weekly posts lost the main result.

Here it comes with Final Result 2023:



GFIs1

GFIs1 Overview of the Daily Trade 2012 to 2023



Result: Easy to see the winners following the higher DAX over time!

Walzer trades
and
btc$ trades
from my other threads are not included here.

GFIs1
@kevinkdog: see post 1 for the yearly summaries