GFIs1 

Looking @ Dax daily some obvious "W" pattern is on its way - which might get with high probability some up to nearly 13200 until Sep starting Oct. Have a look at the chart - indicating this... (does not mean tomorrow's trade will be a long ) GFIs1

Above scenario may be smoked:
The "W" is far from reached. Instead the price went lower than the double bottom mentioned.
So things will likely head down in the next few months.
In fact - the positive about it - is to get easier points on the shorts...

GFIs1

Dax short 9:30 to 15:30

entry @ 11995
exit @ 12025 (SL)
result -30 points

GFIs1

Countertrade No 2: Dax short 11:00 to 13:00
entry @ 12033
exit @ 12000
result 33 points

daily result: 3 points


Tomorrow ECB decision (no change awaited)
Some vola is/was foreseen

here we go DAX back to 12000, it was just a stop run ... looks like at least.
your pattern interpretation was right

guidoisot 

here we go DAX back to 12000, it was just a stop run ... looks like at least. your pattern interpretation was right

Ciao guidoisot
I see it the same - stop hunting - and then the reversal.
Thats why I took a countertrade 11-13h see above.
Is my normal Wednesday rule when things are tricky like strong range on previous day or after a gap @ open.

Good trades
GFIs1

Ciao.

12033 was way up, right at the double top, when it could 50/50 continue up or retrace
what made you decide for the short?
a candle pattern? a divergence? a market profile analysis? Order flow? ...
what timeframe chart were you using for deciding?
.... if I may ask.
thx

guidoisot 

Ciao. 12033 was way up, right at the double top, when it could 50/50 continue up or retrace what made you decide for the short? a candle pattern? a divergence? a market profile analysis? Order flow? ... what timeframe chart were you using for deciding? .... if I may ask. thx

Of course you can ask: Wednesday in my pattern system is >90% short.
Just the entry and exit times may change depending on what happened the day before
and on the IB 9:00 to 9:30.
As my rule (extended time length) did not work - I switched to my normal rule.
That went good today - but no more trades...

GFIs1

thank you.
sounds interesting!
good to know your trade turned positive.

ps. one days we shall perhpas know how you came up with your nickname, shall we not?

guidoisot 

thank you. sounds interesting! ... ps. one days we shall perhpas know how you came up with your nickname, shall we not?

Yep - this IS the day. Easy
GFIs1 stands for "Go For It System 1"

GFIs1

Dax short 9:30 to 13:30

entry @ 12114
exit @ 12082
result 32 points

GFIs1

attention - next week triple witch on Friday 21st

This week had 4 trades (2 on Wednesday)

Positive: 33 + 32 points
Negative: -30 -30 points

Weekly result 5 points

Points since first week: 1388 points

GFIs1