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Asia mixed this morning. btc$ still battle @ 50k.
DAX30 first time check today of the composition of the 30 companies:
2 might get thrown out: Heidelberg Cement and Beiersdorf.
Those might be replaced by hello fresh and Siemens.
Important change in September: DAX30 will change into DAX40 - means
40 companies will be part of the DAX40 - which might flatten the vola a bit.
Interestingly today's announcement that the German BAFIN investigates
EY (former Ernst & Young) for not having seen false numbers of wirecard
many years. That company with its extreme bankruptcy last year is the
first DAX30 company that had quit this index caused by bankruptcy since
the beginning of the DAX.
DAX started higher this morning - with a probable up gap.
Made a new ATH @ 14182 after 10 minutes cash trading.
So the setup is ok.
DAX short 9:30 to 14:30*
entry @ 14165
exit @ 14012
result + 153 points
GFIs1
* the down move came very late - prolonged time to 16:30
The battle @ 14k is not over yet!
Silently the page views of this simple Journal has topped 600k!
Many thanks to the followers here!
Without you the effort of my typing would have given no results
In fact the new year has shown very interesting edges for lots of traders like us.
Focusing on the DAX within this journal plus the Walzer one could earn quite steadily.
For those who are not familiar with the Walzer which is shown with rules in a separate thread
please refer to this link: