d a x 

@GFIs1 Thank you for your thread and sharing your thoughts on the markets. I had a question relating to your initial analysis for the day. You state a bias, green or red. I then notice at times when you post your trade, it is against your initial bias. Is there a reason for this; and what generally changes your mind? Thank you d a x

Thanks @d a x

Well - the bias comes within the preparation time which is from 6:00 to 8:00
My decision for the trade derives from the rules - mostly from IB - sometimes already from 9:00 right on the start.
Thus bias and trade direction might differ - as we have seen in many shaky days.
So don't take my bias for a glimpse into the crystal ball...

Good trades!
GFIs1

GFIs1 

Thanks @d a x Well - the bias comes within the preparation time which is from 6:00 to 8:00 My decision for the trade derives from the rules - mostly from IB - sometimes already from 9:00 right on the start. Thus bias and trade direction might differ - as we have seen in many shaky days. So don't take my bias for a glimpse into the crystal ball... Good trades! GFIs1

Makes sense; and thank you for taking the time to explain.

Wednesday - last of month

Asia mixed: ALL RED Top flop Hang Seng > - 2%

Gold up to @ 1959!

Numbers: Germany Inflation numbers 10:00
USA beige book 20:00

Speeches: ECB President Lagarde 14:30

DAX pre cash 7:30 @ BOOM open much lower @ 15833

No Battle @ 16k

A goal for today is at least 15700 - and for the follow up 15500

Red bias for the moment as said yesterday evening + US debt ceiling decision today not sure
Outlook a lower entry and a slip down until end of cash hours

GFIs1

Wednesday trade

DAX short 9:00 to 16:30
entry @ 15778
exit @ 15818 (SL)
result - 40 points

GFIs1


edit 16:53 - my scenario from this morning finally came into light! Wednesday red, very red!

Thursday

Asia all thin green except Taiwan

Gold further up to @ 1964

Numbers: Germany retail sales 8:00
EUR consumer price index 11:00
USA ADP employment change 14:30

Speeches: ECB President Lagarde 11:30

DAX made yesterday a low @ 15624!

DAX pre cash 7:30 @ 15747

No Battle @ 16k today

"A goal for today is at least 15700 - and for the follow up 15500" - the first assumption held...

US debt ceiling decision came yesterday - which will calm the markets a bit - but the Senate has to vote for it as well... time is running quickly - Next week (June 5th) USA will be insolvent if not both houses are harmonius...

GFIs1

another note to the Turkish Lira: new low yesterday: 1$ = 0.048 Lira

edit 11:14 - to close the gap price needs to get up to 15885

Thursday trade

DAX long 9:30 to 13:30
entry @ 15801
exit @ 15821
result + 20 points

GFIs1

Friday

Asia all very green - Top Hang Seng + 4,12%

Gold further up to @ 1979

Numbers: USA employment outside of agriculture 14:30
USA unemployment rate 14:30

Speeches: none

DAX closed the gap to previous day but only after cash hour...

DAX pre cash 7:30 @ 15933 -> gap closed for sure

Battle @ 16k today

Today a green bias

US debt ceiling solved yesterday evening. One problem less? Or not?


GFIs1

Friday trade

DAX long 9:30 to 14:30 -> prolonged to 16:30
entry @ 15939
exit @ 16023
result + 84 points


GFIs1

edit 10:23 - the 16k have been reached!
edit 12:51 - there is a TP with FIB 200 as a next possible goal @ 16098

Week 22 result

More security in the market means better trades.
Even we had to wait for the last of the week...

This week had 4 trades
2 positive: + 20 + 84 + points
2 negative: - 40 - 40 points

Weekly result + 24 points
Yearly result 2327 + 24 points = 2351 points

GFIs1

Monday

Asia all green - Top NIKK + 1,7%%

Gold down to @ 1945

Numbers: just some basic ones - no influence on the DAX expected

Speeches: none

DAX pre cash 7:30 @ 16028 - very near to the 16k battle again

As price ended slightly above 16k - a small dip can cross the 16k today

Monday a green bias

GFIs1