Dark Theme
Light Theme
Trading Articles
Article Categories
Article Tools
Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
GFIs1 Dax BIG MOVE Swing Trade Approach
Updated May 13, 2013
Top Posters
looks_one
GFIs1
with 45 posts (29 thanks)
looks_two
uexkuell
with 1 posts (0 thanks)
looks_3
loeser
with 1 posts (1 thanks)
looks_4
Quick Summary
with 1 posts (0 thanks)
trending_up
11,765 views
thumb_up
30 thanks given
group
14 followers
forum
47 posts
attach_file
8 attachments
GFIs1 Dax BIG MOVE Swing Trade Approach
August 27th, 2012, 10:22 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
GFIs1
As the 7000 had been passed (was no longer a strong
resistance )
I assume to see our first TP soon be reached.
Depending on how fast we reach the first TP - we might "let run" the
second long above the second TP.
This decision is foreseen for end of today or tomorrow. Expecting
a
reverse pricing on Wednesday.
GFIs1
TP Decision for the second car - 7130 :-)
Either that region will be reached tomorrow - or the trade will be
closed tomorrow evening - as expectation of a reversal on Wednesday
is still valid.
GFIs1
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
August 28th, 2012, 10:38 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Looks like the ambitious TP (of 7130) can not be reached now
Anyway - to forget about the not taken TP2 (@ 7050 which would have been filled yesterday)
we need to get out of the trade with the least damage:
This will happen between 21:00 and 21:30 tonight.
GFIs1
August 28th, 2012, 03:29 PM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Second car closed @ 7015
result plus 103 points (7015-6912)
First car plus 44 points
Total points for first trade (2 cars ): 147 points
Comment: previewed TP's were very good set - the
higher target for car 2 did not play out (lost 35 real points on this one)
GFIs1
Outlook wednesday - some retracement as described
No trade for this move previewed now.
August 30th, 2012, 11:43 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Took a Dax long @ 6898 after that nice retracement from this afternoon.
Looking for some quick points on the "polish day" - the LAST of the month
tomorrow.
GFIs1
August 31st, 2012, 06:21 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
If that bullish Dax move works liked planned - a TP of 6996 is set for today.
With this a result of 98 points is in view.
GFIs1
August 31st, 2012, 07:19 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
TP reached
That was fast - result plus 98 points :-)
GFIs1
no trade over the weekend - cu!
August 31st, 2012, 10:16 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Took three Dax cars (in two long trades): totalling 245 points
Result for 23.08.12 to 31.08.12:
GFIs1
September 3rd, 2012, 07:04 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
The third trade is the first SHORT trade here:
Took a Dax short @ 7000.
Lets see how it plays out...
GFIs1
September 4th, 2012, 10:34 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
A nice down move going on here..
Let's put a TP @ 6830 - either filled or needing to manually
close the trade.
GFIs1
edit: time window for TP til' wednesday evening
September 4th, 2012, 01:39 PM
Belgium/Antwerp
Experience: Beginner
Platform: Metatrader4
Trading: Eur/Usd, s&p, DAX, DOW
Posts: 20 since Apr 2012
Thanks Given: 3
Thanks Received: 11
I hold it first now to 6881.
Anyway thanks and good analyses and good predictions.
Last Updated on May 13, 2013