finally down!
Tuesday trade

DAX short 9:30 to 16:30
entry @ 12763
exit @ 12613
result +120 points

GFIs1

Export numbers in Germany down minus >30%!
BIP numbers EUR will be announced 11:00h
Price of DAX back in 30m Kumo on IB
VW down 4% (CEO Diess of VW group lost his throne on direct control VW)
IB 30m 141 points down (Hi/Lo)
The rally of the DAX ended yesterday on a high of 12916. This is the point
of low of Jan 31st! 13k was not reached...

Some weekly strategy:

If Monday did not work and a good move followed on a Tuesday - then normally a Thursday stronger move is ahead. So maybe the Wednesday 'normal short' might not work. Instead a Thursday trade plus a Friday trade might be following the trading rules.
There is a rule of thumb: Tue + Thu make the points - or Mo/We/Fr. But not ALL of them.
So we will have a closer look on tomorrow with the option to take NO trade by then.

GFIs1

THE WALZER

If you thought to see a Walzer instead of a normal trade: YOU are RIGHT!
The pattern was indeed the same with the slip in the morning 1h after cash open:
1) Short 10:00 to 11:00 - 12704 to 12540 (+164 points)
reversal
2) LONG 11:00 to 12:00 - 12540 to 12573 (+33 points)

WALZER total 164 + 33 points = 196 points

which is even better than than the GFIs1 result

Just to sum it up - today some good points were to collect - either way!

GFIs1

Wednesday

After a strong move down yesterday a trade is foreseen - depending on the development next hour.
Tonight US: FED 20:00 CET as well as FOMC same time.

GFIs1

Wednesday trade

DAX short 10:00 to 14:30
entry @ 12711
exit @ 12616
result +95 points

GFIs1

edit 12:45 - if we take the downmove during cash hours from yesterday in a row (-374p) and repeat the same today then I have a take profit line @ 12403.
So - the trade will be stopped on given time or take profit - depending on what comes first.

edit 14:53 - entry was perfect - exit too late

Thursday

FED decision from yesterday was a no brainer - 0! But the outlook Powell made was the hammer: This ZERO will happen for the next years. Which means the FED will do: nothing... This outlook is freightening.
The bull run on the markets seemed to be stopped instantly.

DAX open will start with a large gap down @ ~12300.
This is the point in the daily when the DAX since 18th of May gets down on Tenkan Sen line again.
A support of the Kumo is shrinking too for the next days.

9:00 start @ 12267
next goal: 12066*
Kijun Sen as next (weak) support is actual @ 11547

Lufthansa to kill 26000 jobs: stock down 10,8% this morning to yesterday

edit 16:55 - the *goal above of 12066 had been reached

edit 18:00 - 11933...

GFIs1

Thursday trade

DAX short 9:30 to 16:30
entry @ 12213
exit @ 12086
result 127 points

GFIs1

GFIs1 

Some weekly strategy: If Monday did not work and a good move followed on a Tuesday - then normally a Thursday stronger move is ahead. So maybe the Wednesday 'normal short' might not work. Instead a Thursday trade plus a Friday trade might be following the trading rules. There is a rule of thumb: Tue + Thu make the points - or Mo/We/Fr. But not ALL of them. GFIs1

Remember this viewpoint 2 days ago? So today the second flush came and with it lots of points...
This is a crazy week!
Good trades

GFIs1

Friday

GDP UK (month to month) -20,4% which is highest minus since 1997!
Industry prod. Japan (mtm) -20.3%

US consumer confidence (Michigan) - 16:00h!

DAX scenario outlook
Open 9:00 with down gap:
Today a short push over 12k this morning to ~12055 (high was 12063) and then
down to next goal ~11640
edit 9:23 - gap to yesterday is closed

GFIs1

Friday trade

DAX short 9:30 to 14:30

entry @ 12000
exit @ 12050 (SL)
result -50 points

GFIs1

Friday rule (like Monday) did not work - not to self