Friday trade

DAX long 9:30 to 14:30
entry@ 12270
exit @ 12245 (manual stop)
result -25 points

GFIs1

note to self: Friday rule didn't work again after a turbulent week...

Weekly result

This week had 4 trades
one negative: -25
one neutral: 0
two positive: +102 +247

Weekly result +324 points

Result 2020: 2789 points

GFIs1

Next week - plus next month

Two more trading days in June: Monday and Tuesday the last of first semester.
Will take a trade.

From there:
No trades in July. Not because of holiday but because of low volume. The past
experience has told that July weeks are bumpy and results most measly.

Happy weekend all
GFIs1

Monday trade

Very interesting situation in the IB 9:00 to 9:30 which triggers more rules:
IB 30m had a hi/lo of 134 points
Price started with a slight down gap to previous Friday
Battle on second to last day of semester to brush up the numbers

DAX short 9:30 to 16:30
entry @ 12158
exit @ 12188 (SL)
result -30 points

GFIs1

Tuesday trade

Last day of first semester - important for mid year numbers of the big companies.
Monday was totally inconsistent and atypical for a second to last day of month.

DAX long 9:30 to 16:30
entry @ 12246
exit @ 12271
result 25 points * lame duck!!!

GFIs1

Good trades!

12:30 - price went down to Pivot Point but not to 30m upper cloud - and turned up again...
upper resistance is @ 12428 - in reach for the trade but still no guarantee

Wednesday trade

Eurex in Frankfurt has broken data channels today. Realtime DAX has interruptions.
Not sure if taking a trade makes sense.
Some more before 10:30.
9:48 XETRA still down - just floor trading.
Just 0.2% up this morning (cash hours).

This is a very bad start into second semester

TRADE
DAX short 10:30 to 14:30
entry @ 12340 (filled 10:34) haha!
exit @ 12168
result + 172 points

Caution: not a recommendation for a trade today...

Trade channels open -- very high volatility
12:00 Now the volumes are back - price strong down - already in 30m Kumo.
Looks like some strong movement down in the previewed time.
13:13: PERFECT!!! Price crossed 30m Kumo already
next support S3 @ 12016
13:49: price still around S2 - will close the trade @ S3 or 14:30 which ever comes first

GFIs1

Half year result is nearing 3k points. Thus a nice last trade on Friday might cross the abyss
We will see...

Friday trade

Tomorrow US Independence day - US closed today. Yesterday the Nasdaq climbed up to all time high (ATH) despite the negative future with corona. Companies are cost shrinking to fit and slim their costs by firing a large part of workers. Which looks good for stock holders but not for the government with rising unenmployement. The "good" US numbers that were shown yesterday did not include the last 2 weeks when many bars and restaurants had to close again...

Trade
DAX long 9:30 to 16:30
entry @ 12626
exit @ 12596 (SL)
result -30 points

GFIs1

Weekly result

This week had 4 trades
two negative: -30 -30
two positive: +25 +172

Weekly result +137 points

Result 2020: 2926 points

GFIs1

Monday trade

DAX starts with a large up gap to Friday high. Asian markets in best condition today.
Such gives a trade

DAX long 9:30 to 15:30
entry @ 12808
exit @ 12878 (SL)
result -30 points

GFIs1

PS: the high flyer without power...

Tuesday trade

DAX started south of 30m Kumo. A correction is ahead - profit taking might be the trigger.
Thus a

Trade:

DAX short 10:00 to 16:30
entry @ 12640
exit @ 12615
result +25 points

GFIs1