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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #6121 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,945 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,621

Monday

Today we got red around the worlds indexes:
Threat of Iran with bombing Israel is the reason for exploding oil prices.

DAX is in the battle around 18k...
Concerning the DAX we might see a spike to ~18024 after cash opening 9:00
to fall down with force into the 17k field.
Let's see...

Today a red bias

GFIs1

edit 9:08 - the spike came as expected... but after 5 minutes the force was 0 and the price went back. This is what we name a 'spike'.

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NinjaTrader
 
  #6122 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
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Trading: forget about it
Posts: 6,945 since Feb 2012
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Monday trade

DAX short 10:00 to 16:30
entry @ 18058
exit @ 17987 before cash closing 17:14
result + 71 points

GFIs1

edit 16:27 - the scenario hasn't played out - so the trade will not close 16:30
edit 18:15 - it came - later than expected - but still positive!

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  #6123 (permalink)
 Adapter 
Dublin, Ireland
 
Posts: 15 since Jan 2019
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GFIs1 View Post
Monday trade

DAX short 10:00 to 16:30
entry @ 18058
exit @ 17987 before cash closing 17:14
result + 71 points

GFIs1

edit 16:27 - the scenario hasn't played out - so the trade will not close 16:30
edit 18:15 - it came - later than expected - but still positive!

You don't typically hold through a 140 point drawdown. What gave you the confidence to hold through this time?

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  #6124 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,945 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,621


Adapter View Post
You don't typically hold through a 140 point drawdown. What gave you the confidence to hold through this time?

Very true - thanks for asking @Adapter
Today's bullish move went longer than previewed.
Nevertheless - the sending down of the DAX was to read out of the chart(s).
As I was not at the keyboard and haven't set stops - that was the only way
to get out of the trade.
Finally it worked.

My screen time will diminish dramatically - so I need a program that let me squeeze points out within given moves.
Hope you could profit in my former trades that worked fine.

Have a great evening
GFIs1

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  #6125 (permalink)
 Deetee 
Amsterdam, The Netherlands
Market Wizard
 
Experience: Intermediate
Platform: NinjaTrader / IB /Rithmic
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Welcome back GFIs1

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  #6126 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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Tuesday trade

DAX short 9:00 to 17:30
entry @ 17805
exit @ 17805 (SL) on 30m candle 13:00/30
result 0 points

GFIs1

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  #6127 (permalink)
 GFIs1 
who cares
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About some GAPs'

Here the actual chart of the DAX from yesterday's island and today's start:



GFIs1

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  #6128 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
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Trading: forget about it
Posts: 6,945 since Feb 2012
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Thanks Received: 15,621

Wednesday trade

DAX short 10:30 to 13:00
entry @ 17850
exit @ 17880 (SL)
result -30 points

Today the Wednesday special rule didn't work.

GFIs1

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  #6129 (permalink)
 ragic 
N. Yorks, UK
 
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On ES & NQ there were very large volumes just after Eurex Open (7.00amUK). At yesterdays LOD's. I wonder if we have a new low in place.

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  #6130 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,945 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,621


Thursday trade - within a sideways move

DAX short 10:30 to 12:00
entry @ 17781
exit @ 17767
result + 14 points

GFIs1

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Last Updated on April 29, 2024


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