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Today FDAX opened inside prior day HL range (no gap) and IB ended inside prior day’s HL range. IB is long 2pts.
DAX Long trade
Entry 10:30 @ 16167
Exit 11:30 @ 16153 (SL)
SL 14 pts
Result -14 pts
Historical results with this setup:
182 pts (14 trades/win% 86%)
Let’s see
The ATR is low, so the SL as well. 12% for this trade is 14 pts, which is small and risky. I would review the SL at the entry, but I have an appointment, so will just let is be.
For FESX, it turned out I only uploaded data from 2015 instead of 2010. This probably explains why there had been so little opportunities for a trade. Now the complete data is in the database, so I'm looking forward for more trades. But not today.
Also NQ data is in the database and ready to go. ES still needs some work.
edit 12:09: SL of 26 would have survived. Will think about these days with a low ATR, as the max SL of 24% would have been 28 pts, which is not high. I could for instance take ATR based on 60 days.
Today IFO announcement at 10:00. Tomorrow US Thanksgiving. Friday Black Friday.
Today FDAX opened inside prior day HL range (no gap) and IB ended inside prior day’s HL range. IB is short.
Again, I'm remember to analyse the IFO days, so I could trade. There is a short trade at 10:30 that looks good enough, but with IFO....I don't know. So, no trade.
For FESX, not good enough.
For Thanksgiving day, I have a filter, so will see tomorrow morning if there is a trade. Same for Black Friday.
Black Friday. Today FDAX opened far below prior day HL range (down gap), the gap was not closed during IB, so IB ended below prior day’s HL range. IB is short. IB volume is very high.
