Week 4 results

This week had 5 trades
Two positive: + 33 + 185 points
Three negative: - 30 - 52 - 50 points
Weekly result: + 36 points

Yearly result: 624 + 36 points = 660 points *

GFIs1

* The first month adventure trip has nearly finished - Monday the last to await

More volatility

...means more gain and or eventually loss.
During 2020 the mean of a month was 323 points.
Today we see 660 points for the first month.
That's just a result of the tremendous vola at battle lines during this month.
Of course that will flatten over time - especially in the summer when the pressure is out of the market(s).
As said here - the gain may be tempting but the losses are not far from this.
So being happy on some points forward and for certain it doesn't make greedy.

Good trades
GFIs1

I noticed something similar when setting up a range study in SC today.

Coming from trading crypto the past few years, and watching DAX actively this past week, this volatility suits my routine, and am actively considering moving back to this (traditional) market.
However if and when this markets goes back to it's normal (less volatile) behaviour I am not sure if that would be a decent fit for me. Thanks for the perspective.

Monday the last of January

Asia green, not all markets open today
btc$ lower to 37k

DAX opened 7:30 on the high level of Thursday

Numbers EU 11:00 BIP (Gross Domestic Product)
D 14:00 Consumer Price Index

No speeches

GFIs1

edit 9:10 - IB started with gap up - not yet closed

Monday trade

DAX long 11:30 to 16:00
entry @ 15465
exit @ 15396 (SL)
result -69 points

GFIs1

edit 11:33 - the gap is closed now
edit 12:30 - the pattern didn't work today

Tuesday

Asia green
btc$ up

DAX pre cash up

Looks like a bullish day

Some numbers - for the DAX during cash hours not important*
No speeches

GFIs1

*10:00 EUR: "The Bank Credit Survey was launched for the Eurozone in 2003. The main objective is to gain a better insight into the financing conditions in the euro area. The BLS feeds into the ECB's monetary policy decisions."

Tuesday trade

DAX long 9:00 to 13:00
entry @ 15563
exit @ 15633
result + 70 points

GFIs1

edit 14:16 - a next goal for today might be 15712

Wednesday

Asia mixed, but more green
btc$ slowly up

The mentioned DAX goal of 15712 had been reached after hours end of US session with 15714...

Some numbers today - consumer price EUR 11:00
no speeches during cash hours

DAX started this morning on the upper level of yesterday.

Good trades
GFIs1

Wednesday trade

DAX short 11:30 to 15:30
entry @ 15688
exit @ 15644
result + 44 points

GFIs1

Thursday - ECB day

Asia red
btc$ sideways
US stocks slump after hours

DAX started much lower after cruising thru 30m Kumo

ECB decision 13:45, press conference 14:30 - important day today as some decision for the next months will be presented

no numbers so far

DAX started with gap down - and on the opening closed that one

GFIs1