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DAX long 9:00 to 15:30
entry @ 15356
exit @ 15361
result + 5 points
GFIs1
edit 11:08 - the vola in the last 3 days show the importance of a 3rd quarter to find the final end price. Assuming to see tomorrow the last shifts - Friday will no longer be important as we will not see pressure and volumes.
Looking forward to the results today - looks not bad - and deciding for tomorrow.
edit 16:25 - the afternoon was not a hit! Anyway my SL was sitting on entry.
This is one of the few threads where the trader looks at the calendar. (I know not the only one, @Deetee ).
I'm surprised that people will trade equities and equty futures without paying attention to the business side of the equity markets, as well as related calendar events such as options exprirations.
Maybe they just never heard of them, but these things are out there and will affect price at particular times.
Just wanted to make note of this here, after reading this morning.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
My pattern systems are based on events before the event as well as AFTER event.
So the rules are part of such special settings - and the results are speaking for themselves.
Even I am preparing my trades BEFORE they happen - I want to steer the readers to be aware of the market CONDITIONS.
Given such - the rest is just jumping in - and OUT.
LAST day of important 3rd quarter - window dressing!
Asia slightly green except Hang Seng.
Numbers:
Germany - 14:00 Price index monthly - rising expected from 3,4 to 4%
USA - 14:30 gross domestic product (GDP) - no change expected
USA - 14:30 Initial jobless claims 4 weeks - no details
btc$ up
DAX
Start 07:30 higher than previous day
IB started with up gap and made a slip south... (9:12)
edit 9:55 - indecision in the market - price around upper 30m Kumo
Window dressing is over!
Markets at lower levels again.
Asia mostly red - NIKK -2,2% before closing.
US may be blocked to widen the debt limit. Makes pressure on all markets.
No important numbers ahead.
btc$ slowly up - swims still in the middle of daily Kumo.
DAX started with a gap down to 15100 level which we had seen some weeks back.
The 15k level will be tested!
edit 8:35 - nearing the 15k already pre cash.