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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #3911 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
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Posts: 6,943 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,617

Dax short 9:30 to 16:30

entry @ 11952
exit @ 11952 - stopped out on entry
result 0 points

GFIs1

edit 10:00 - after 1hour more than 200 points down - extreme!

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  #3912 (permalink)
 
lemons's Avatar
 lemons 
Tallinn, Estonia
 
Experience: Beginner
Platform: SC
Trading: NAS100
Posts: 959 since Nov 2010


GFIs1 View Post
Actual corona infected persons worldwide: confirmed 83.389, deaths 2.858, recovered 36.571

Germany: confirmed 48, recovered 16, existing 32
Italy: confirmed 655, deaths 17, recovered 45, existing 593
USA: confirmed 60, recovered 6, existing 54 - cases in Chicago, San Diego County, Santa Clara, Tampa, Seattle and more

All continents now show infections by this week.

Check the map with real time statistics by country plus development since start here:

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html

GFIs1


Perspective.

Every year in Italy ca. 4000 dies on seasonal flu and in world appox 500 000.
Its crazy, maps and apps for corona and real time no 15 min delayed data

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  #3913 (permalink)
 GFIs1 
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lemons View Post
Perspective.

Every year in Italy ca. 4000 dies on seasonal flu and in world appox 500 000.
Its crazy, maps and apps for corona and real time no 15 min delayed data

You are right - the flu infection kills mostly elderly persons as well as those that have severe medical problems.
If you see in Germany 3500 dead per year in the streets (lowest number since 2010) - the perspective is nearly back
GFIs1

Just fyi - Government of Switzerland has just announced that every event with more than 1000 people is forbidden from now as an exception rule to reduce contamination. Means no expos, no car show in Geneva, no carnival in Basel, no football with more than 1000 visitors, no sport events (ski marathon in the mountains with 15000 cross-country skiers...

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  #3914 (permalink)
 GFIs1 
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This week with extreme volatility showed the some limits in both my systems / threads here. Fortunately I lost only some points this week following the written rules. As I like the vola there is a lack of one rule - the TAKE PROFIT rule. My entry and exit points were fine, just some intermediate peaks could not be taken.
It is said that in the DAX a very far limit of 5% movement (normally down) is seen when markets are very red. On Friday a slip to 5% to previous day close had been seen. My active trade went with it (more than 200 points) to just reverse and all the points were gone. So I decided to bring in one rule more for my system in this thread:

Take profit rule: when price change from last close to actual reaches 5% during the day (and I am in trade) then buy on short or sell on long - means closing the position omitting the end time rule.

With this very rare occasion I will at least profit from the high risk moment.

GFIs1

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  #3915 (permalink)
 GFIs1 
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This week had 2 trades:
One negative with SL: -30 points
One neutral: 0 points

Weekly result -30 points

The Walzer trade brought 13 points

Total of both strategies: -17 points

Conclusion: the systems could not profit during this high vola week but did not make troubles either.

GFIs1

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  #3916 (permalink)
 GFIs1 
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Dax short from 10:00 to 13:30

entry @ 12016
exit @ 11718
result 298 points

GFIs1

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  #3917 (permalink)
 tr8er 
Europe
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congrats, another world-class trade

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  #3918 (permalink)
 harry737 
london, UK
 
Experience: Intermediate
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Trading: Stocks, Bonds
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Excellent trade, why did you exit at 1pm ET rather than 5:30pm, as you previously use to.

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  #3919 (permalink)
 GFIs1 
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harry737 View Post
Excellent trade, why did you exit at 1pm ET rather than 5:30pm, as you previously use to.

Hi @harry737
was just the Monday rule for high vola... - I mean better to cash in nearly 300 points without big risk in a short time than to expose the trade for a longer time plus the entry of US markets in the afternoon under incertainty.
Good trades
GFIs1

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  #3920 (permalink)
 harry737 
london, UK
 
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Totally agree, have been a long time follower of your thread, and with US and Europe having different strengths in the economy. I wonder if you ever ran the comparison of PNL for 1pm, and Europe close 5/4:30pm.

Just going through some of your old posts

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