Dax short 11:30 to 15:30

entry @ 11923
exit @ 11845
result 78 points

GFIs1

left some points on the table

but as previewed yesterday - a good trade

Rugosoft 

Is drop and recover not a sign of strength? But you still expect a lower low ? Sent from my iPhone using futures.io

Good morning Rugosoft

Indeed - but only if drop and recover is for more than 1 day. That was only a intraday move.
Other signs for lower lows:
30m blocked by upper KUMO
1h has strong down Kumo ahead
daily dito

just my opinion
GFIs1

Today the hi/lo during cash hour (not finished yet) is 211 points.
This means tomorrow no trade (anyway).
But a Walzer is ahead - I will be on alert and take a Walzer if there is a signal.

Good trades
GFIs1

GFIs1 

High possibility to see some lower lows tomorrow... Today a drop and recover above is the right sign. Still 195 points hi/lo during cash hours. Which does not stop our trade: A typical Wednesday short! GFIs1

..but my warning from Tuesday had even been more worse:
Dax started with a large gap down @ 11545
IB 9:00 to 9:30 hi/lo 90 points (a Walzer quite possible)
A recovery is necessary but seems not durable.

At the moment there is a large field of lower numbers in the indices.
Until the end of the year and first two months 2019 the upper trend is
SHORT.

Being careful in taking the trades can help.

GFIs1

We had to wait long for the Walzer signal - but it came:

Watch here the development - trade still in action until 18:00 or 19:00 resp.:

GFIs1 HighVola Dax Journal Dax short 17:00 to 18:00 entry @ 11565 exit @ 11574 result -9 points eventually Dax long 18:00 to 19:00 No long trade - pattern broken Walzer result -9 points GFIs1

GFIs1

Dax long 9:30 to 13:30

entry @ 11659
exit @ 11629 (SL)
result -30 points

GFIs1

This week had 3 trades

Two positive: 35 + 78 points
One negative: -30 points
Weekly result 83 points

Points since week 1: 1582

GFIs1

Looks like we see another red week again.
The weekly chart shows quite a pattern for this - might turn later.

Bayern poll (Landtag) yesterday was very bad for CSU and a desaster for SPD - means the
Berlin coalition CDU/CSU/SPD gets problems...
In 2 weeks poll in Hessen - same development foreseen.

Why I am telling this: The Dax is very strong connected with the decisions of the parliament(s).
Uncertainty is poison for the stock holders - thus some larger scale selling is the consequence.

GFIs1

Dax short 9:30 to 14:00

entry @ 11484
exit @ 11514 (SL)
result -30 points

ATTENTION: Xetra had tech problems from 9:00 to now.
This means no futures trade could be taken - just floor trading was normal.
Volume was very low for IB - that made it difficult.

XETRA works again since 10:30

GFIs1

...was reached Friday 12th during after cash hours:

---> 12399

Quicker than thought January low was 12409

High possibility to see even lower lows until end of year.
GFIs1