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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #5891 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652

Thursday

Asia 4:2 green, Top NIKK + 1.7%, Flop Hang Seng - 0.27% - low vola

Gold down @ 1949
btc$ up @ 36611

Numbers: none
Speeches: ECB Lane 9:10, ECB Lagarde 18:30, US FED Powell 20:00

DAX pre cash 7:30 @ 15210

Today no bias

GFIs1

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  #5892 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
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Trading: forget about it
Posts: 6,962 since Feb 2012
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Thursday trade

DAX long 9:00 to 17:30
entry @ 15209
exit @ 15347
result + 138 points

GFIs1

a goal of 15557 today or tomorrow expected

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  #5893 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
Broker: EdgeClear / InteractiveBrokers / Rithmic
Trading: DAX / (M)NQ / (M)ES
Frequency: Daily
Duration: Hours
Posts: 631 since Jul 2019
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Hi @GFIs1, good to see you today.
I'm wondering, at 7:15am you don't have a bias, but then before 9am you announce a long trade.
Could you say something what happens in that 1,5hr that makes you take this decission?
Thank you,
Deetee

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  #5894 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652


Deetee View Post
Hi @GFIs1, good to see you today.
I'm wondering, at 7:15am you don't have a bias, but then before 9am you announce a long trade.
Could you say something what happens in that 1,5hr that makes you take this decission?
Thank you,
Deetee

Hi @Deetee - a longtime follower
Thanks for the question.
Was some day's or parts of them not at the keyboard. Today I could start in the morning and had time to follow the charts. So I examined the daily chart to find my goal for today before market started live @ 9:00.
Here my daily chart to present my LONG decision: of course it is a 'big picture chart' and shows where the 1 - 2 - 3 movement to break a trendline leads to a basic change of direction.



That was the moment to start long in the morning. And it was not a bad decision - right?
Tomorrow I might be away from keyboard (afk) - so no trade from my side might happen.
But as you know my Friday rule of course: WATCHING 9:00 to 9:30 direction - and you reverse it on 9:30 to 13:30 or 14:30 in (reverse) direction (GFIs1 rule for Friday) shhh - you can make some money.

Good trades!
GFIs1

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  #5895 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652

Tomorrow Friday

Looking forward to a day which might have some indecision - I am looking for a LONG trade from 9:30 to ...
As of the Friday rule "watching the move 9:00 to reverse 9:30 to a probable end of the dayly trade.

This is not a recommendation but a highly probable move of the DAX before the weekend.

Good trades
GFIs1

PS: will be discussed after the movements tomorrow

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  #5896 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652

Friday

Asia all red - Flop Hang Seng - 1.41%

Gold up @ 1957
btc$ up @ 36649

Numbers: US Consumer Confidence 16:00
Speeches: ECB Lagarde 13:30 again

DAX pre cash 7:30 @ 15294

Today a green bias

GFIs1

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  #5897 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652

Friday trade

DAX long 9:30 to 16:00
entry @ 15277
exit @ 15237 (SL)
result - 40 points

GFIs1

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  #5898 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652

Tuesday

Asia 4:2 - Top AUS + 0.91%, Flop Hang Seng - 0.05% (low vola)

Gold @ 1944
btc$ @ 36587

Numbers: EU Gross domestic product GDP 11:00
US Verbraucherpreisindex Consumer Price Index CPI 14:30
Speeches: some in USA and EU

DAX pre cash 7:30 @ 15340

Today a green bias

GFIs1

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  #5899 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652

Tuesday trade

DAX long 9:30 to 14:30 // got out 15:00 as US numbers seemed to perform stable
entry @ 15370
exit @ 15554
result + 184 points

GFIs1

edit 9:22 - gap closed - the setup seems positive
edit 15:10 - one of the better GFIs1 trades
edit 15:24 - the double top in this "W" had been reached exactly

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  #5900 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,962 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,652


Wednesday

Asia ALL green - Top Hang Seng +3.2% !!, good vola

Gold up @ 1969 (2k soon to reach again)
btc$ @ 36583

Numbers: US Producer Price Index PPI 14:30
Speeches:none
DAX pre cash 7:30 @ 15340

Today a red bias (Wednesday rule)

After a gap up (plus a rally Tuesday) some rebound ahead
Even the trend line is still up - we see 2 gaps in a row not yet closed...

GFIs1

edit 8:22 - the up gap from today is closed now

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Last Updated on May 17, 2024


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