GFIs1 

Yesterday - for the last of month - I could not take a trade due to a day off.. Today Dax short 11:30 to 15:30 entry @ 11228 exit @ result IB vol ok GFIs1

Just a short question - why did you ignore the Walzer today? There were two strong green candles after 10.30 an you went short at 11.30 as per normal day trade plan. It is proving to be right, but I'm confused. Thanks!

Quxil 

Just a short question - why did you ignore the Walzer today? There were two strong green candles after 10.30 an you went short at 11.30 as per normal day trade plan. It is proving to be right, but I'm confused. Thanks!

That was a "crippled" Walzer:
The second green candle had >20k contracts in 30 minutes!!!

So - a normal pattern is NOT possible - instead after the "pulse in" -
with such pressure a pullback is quite normal.

But - you ask: "WHY I have NOT taken the Walzer?"
If my normal (WEDNESDAY) trade is to go short 11:30 - then a
Walzer is conflicting with my very stable rule for the day trade.

GFIs1

GFIs1 

That was a "crippled" Walzer: The second green candle had >20k contracts in 30 minutes!!! So - a normal pattern is NOT possible - instead after the "pulse in" - with such pressure a pullback is quite normal. But - you ask: "WHY I have NOT taken the Walzer?" If my normal (WEDNESDAY) trade is to go short 11:30 - then a Walzer is conflicting with my very stable rule for the day trade. GFIs1

You having a laugh? seems to be many conflicting " rules" here.

GFIs1 

That was a "crippled" Walzer: The second green candle had >20k contracts in 30 minutes!!! So - a normal pattern is NOT possible - instead after the "pulse in" - with such pressure a pullback is quite normal. But - you ask: "WHY I have NOT taken the Walzer?" If my normal (WEDNESDAY) trade is to go short 11:30 - then a Walzer is conflicting with my very stable rule for the day trade. GFIs1

ps I thought the rule was short on a wednesday at 09.30 not 11.30??

Dax short 9:30 to 13:30

THIN signal - low volume - US only half day trading..

entry @ 11108
exit @ 11120
result -12 points

risk high
IB vol low

GFIs1

Read my wednesday trades back in this journal:
There are many rules with different timing - depending
on the given situation.

The wednesday rule plan is the most complicated - but it gives
the best points within a week.

I will bring the weekday statistics updated in one of my next posts.

GFIs1

GFIs1 

Read my wednesday trades back in this journal: There are many rules with different timing - depending on the given situation. The wednesday rule plan is the most complicated - but it gives the best points within a week. I will bring the weekday statistics updated in one of my next posts. GFIs1

Cheers GFIs1,

may I add another question as to today's trade - how come you've entered today, given the 160 points movement yesterday. Isn't that a rule for the Walzer only?

Thanks!

GFIs1 

Read my wednesday trades back in this journal: There are many rules with different timing - depending on the given situation. The wednesday rule plan is the most complicated - but it gives the best points within a week. I will bring the weekday statistics updated in one of my next posts. GFIs1

Surely a rule is a rule.Hence the definition of the word.No good changing a " rule" all the time!!!!!! Hence it is NOT a" RULE".

CPRICE76 

Surely a rule is a rule.Hence the definition of the word.No good changing a " rule" all the time!!!!!! Hence it is NOT a" RULE".

SORRY!
I can not help you on this one!
As told - There Are Several Rules for a Wednesday.
There are never "changing" rules - as you can read -
just the appropriate one according to the actual moment:
ALL depending on circumstances.
Just READ what is written in THIS journal.


and if there are ANY doubts - just ask @ratfink - he
is our expert.

Good trades!
GFIs1

Quxil 

Cheers GFIs1, may I add another question as to today's trade - how come you've entered today, given the 160 points movement yesterday. Isn't that a rule for the Walzer only? Thanks!

IT was a TRY! within a difficult area - where we find NO volume but a lot of volatility during the day.
I was putting a stop of 20 points - and it was nearly taken out too...
You are right - there is normally better to no trade in this...
But coming weeks will be weaker in volume and then some moves are not predictable any more.
This is why I announced in the post that it is higher risk

GFIs1