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DAX long 9:00 to 16:30
entry @ 15827
exit @ 15796
result - 31 points
GFIs1
A new year 2023 high from Friday reached 15843. This goal can be reached easily from today's pre cash numbers.
edit 9:04 - IB killed the mentioned year high in the first 2 minutes...
edit 9:08 - quite a jump up of 57 points in the first ten minutes with a new year high 2023
ATH of the DAX we find with 16271 - in the year 2022 - which is not so far away now
AI question about trading support with answer from AI
Can AI support me in my intraday decisions in the DAX?
"Yes, AI models can be helpful in supporting intraday decisions in the DAX. There are different approaches how AI models can be used to make or support decisions.
One approach is to use historical data on the DAX and other relevant indicators to build predictive models. These models can then be used to make predictions about the future development of the DAX and thus support buy or sell decisions.
Another approach is to use machine learning to identify patterns in market and trading data and make decisions automatically. Here, for example, AI can use algorithms based on technical indicators such as moving averages or momentum to generate trading signals.
However, it is important to note that using AI to make trading decisions in the DAX does not guarantee profits. AI models can only make decisions based on the available data and parameters and cannot take into account all the factors that influence the markets. It is therefore important to always include human expertise and experience when using AI models."
Speeches: some speeches - not of importance for the DAX
DAX pre cash 7:30 @ 15877 which is in lower and in the middle of yesterday
GFIs1
edit 8:45 - Asia went up a bit to more green around '0'.
Indecision in the markets with this silly sideways is not inspiring.
Tomorrow Friday little witch.
With the steep red IB I changed my opinion.
DAX short 9:30 to 13:00
entry @ 15817
exit @ 15774
result + 43 points
GFIs1
Yesterday's mentioned support level @ 15740 is in reach now
TP for today @ 15736
What ever comes first
The DAX went down after the announcement of minus numbers down in 1st quarter (Tesla):
Tesla in Germany -6,7%, BMW, Mercedes, VW down > -3%...
well: German cars are no longer top - especially with actually a crash in electric vehicles in China...
Did you know that VW has 38 production facilities in China? - Those employed are missing of course in Germany - so nothing to win in GERmania. No numbers from Mercedes, BMW et al though
