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US still no final result in the elections...
Strong movements in the morning in the DAX.
DAX long 10:30 to 16:30
entry @ 12108
exit @ 12078 (SL)
result -30 points
GFIs1
a) left some points on the table for the start
b) changed exit time
In between a Walzer signal started
Leg 1 long 10:00 to 11:00
entry @ 12007, exit 12154, result 147 points
Leg 2 short 11:00 to 12:00
entry @ 12155, exit @ 12108, result 47 points Walzer result + 194 points
c) Nasty "press conference" of DT was shaking the German markets - and will at least for the rest of the week too.
Yesterday the trade had a late entry but the direction and timing was right. With the high volume and volatility in the market - the stop loss setting was the killer...
Of course when a Walzer signal comes up some reset is within the pattern - thus the SL could have been taken out at the same time.
During cash hours we had a hi/low of 569 points.
This morning the DAX starts again with a up gap - >12350.
US elections are still not finished. Bullish mood in the markets might still hold.
DAX starts this morning with a up gap with price @ 12750 (8:15)
DAX short 9:30 to 14:00
entry @ 12691
exit @ 12741 (SL)
result - 50 points
GFIs1
and 12:30 - BOOOOOOM!!!!
DAX up to 13178
which is a gain of low of today by 506 points
Must be the announcement of Pfizer that the corona treatment has a positive result of 90%...