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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #3121 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

This week had 3 trades:

All red: -13 -30 -30 points
Weekly points -73

Points since week 1: 1128

GFIs1

No problem so far - see next post

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  #3122 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

at the Friday possibilities:

Morning: LOW volume - as announced in my trading journal
Means leave fingers away from hot buttons... or you are burned

That was it - exactly - lol - meaning my own sad trade

Then with some driving to the "higher, higher" votes (as said 2 posts back) I took
a very prosperous trade on the US numbers 14:30. This trade is not revealed here
and does not count in this journal either.

Have a great weekend!
GFIs1

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  #3123 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617


Looks not good for a trade:
Friday range was 200 points...

Volumes still on the lower side this morning.
But the floor can be ready for a new Walzer - lets see.
Waiting for the signal(s)

Good trades
GFIs1

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  #3124 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

Instead of waiting for the invisible Walzer - watching the 1h chart - I decided
to squeeze out some points on a short in very little time: Result 34 points (€ 859)



Of course this trade will not count here - as it is NOT a GFIs1 trade announced in advance.
GFIs1

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  #3125 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

with decision to enter when price is lower than previous lows after the high.
Exit was on 1h Kijun Sen - which worked nicely:



GFIs1

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  #3126 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

Answer to your question:
Middle between red and green cycle of the spiral is normally a good point to get out
as price might reverse. Just a hint for some indicators (that of course do not have most
impact).

GFIs1

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  #3127 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

Took a DAX short 10:30 @ 12252

As 10:30 normally is a turning point - there is some potential to sniff some points.
No regular rule trade though - just a try. With a tight stop.

Let's see where the travel goes - foreseen 14:30

edit: or Take profit @ 12196

result @ 13:37h: TP 12196, 56 points

GFIs1

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  #3128 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

Chart for this 56 points voyage:



No more trades today

GFIs1

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  #3129 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

might reach 12050...
Trend is given. Especially for mid week.

GFIs1

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  #3130 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617


Opening pre cash hour - with a gap down. (7:50h)
Lower prices will be seen today - the 12k in sight!

Dax short 10:30 to NEW 14:30h
entry @ 12160
exit @ 12113
result 47 points

IB vol ok: 6710 contracts

GFIs1

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