Expectation proofed to be wrong.
But the trade rule might be a winner:

Taking a DAX SHORT from 09:30 to 13:30 today

entry @ 7020

looking for a bottom in the daily @ 6912 area

GFIs1

Todays DAX trade
closed 13:30 @ 6967
result (plus 53 points)

Was a good week!

Next week the GFIs1 rules should synchronize with US as the Eurozone
changes this weekend to Summertime (UTC +2) or Daylight Savings
Zone.

Weekly results and review will follow.
Happy weekend

GFIs1

Here the results from the last week which I haven't posted:

Five trades
Three trades negative (one of them hit stoploss)
Two positive trades
Total week result minus 37 points

GFIs1

This week's result:

Total five trades
One trade was negative
Four positive trades
Total week plus 176 points

Wednesday trade was top of this month with 67 points.
Interestingly all weeks trades were short trades.

GFIs1

Looking at the big picture and focusing on smaller time frames we
may see some high probabilities for a future move and its direction.
Unfortunately...
...we do not know by WHEN.
With that knowledge and being alerted - our very next trade may
go to the other direction than expected!
For this I use my signals of the the beginning of a session to decide
to take the very next trade even if we see the big pictures elements.
Our final results are only a result of taking a trade and an exit + SL
included. As long as we do not want to trade overnight - the
day trade(s) result are the only one that count(s).
Even if other traders do not share the same opinion - the setup to take
a trade on some significant past movements on a weekday to decide when
to enter and when to go flat means a high probabilty to make some bucks.
That is - in my opinion - all it needs to
a) Get some extra dollars / euros / roubles
b) To stay alive in the market
c) To be enough motivated to take the very next trade

GFIs1

PS: I am a longtime follower of FT71 and I am very happy about his
indepth comments / explanations about trading - live and in webinars.
Although I see his points - I am still a fan of past movements gives us
the whole story of setting SL and of entry and exit times to survive in
a foggy market.

Today's GFIs1 DAX trade will be a SHORT
from 10:30 to 13:00
Euro Time is synchronized again with US time.

GFIs1

<< entry short @ 6998 >>
<< exit 11:00 manually @ 7007 (minus 9 points) - closed because of a rule conflict today (IFO numbers) >>

YESTERDAY...

... I left some nice money on the table. BUT
to stop a wrong trade with a little loss instead
of seeing the stoploss being hit is the best I
can take out of yesterday.
Nothing to worry about though.
As there is one trade per day only I have
to look forward to TODAY's trade.

GFIs1

Today's DAX trade will be a SHORT from 10:00 to 13:30

GFIs1

PS: short again? :-)

DAX short 10:00 @ 7138
exit @ 7136
result (plus 2 points)

"ridicule" for the day - at least with a plus.

GFIs1

Very week signal this morning
DAX long from 09:30 to 12:30
entry taken @ 7069

in view of that undecided signal setting SL to 20 points

GFIs1