Tuesday trade

Asia mixed - Japan closed (holiday)
DAX with indecision.

DAX short 9:30 to 16:00
entry @ 15212
exit @ 14966 (TP) before end of trade
result + 246 points*

GFIs1

edit 14:30 - roller coaster today! But very nice vola - that makes a trade getting bold:
Having a take profit (TP) in sight: 14966 which is the 161.8% Fibo of the range.
*edit 15:20 - took the TP.

HAPPY TUESDAY

PS: left some money on the table: DAX 16:00 14924 (still on the downmove) theor. +288 points
still happy with the result on a "silent day"!

thanks GFI - unfortunately, I moved my SL for positive gain and now I got kicked out ...
however, crossing fingers for you until 4 PM

Why the DAX and other indexes are on the slip

Prices were getting weak - while China crossed with army planes the border of Taiwan again...

DAX went south back to the price before April of this year.

More movements now ahead!

Volatility is the base for trader's paradise. So stay tuned.

GFIs1

Illustration of the development of the DAX - with a important history

The DAX was sliding down...
Thanks to FIBO a nice TP was at hand! Even before the trade ended (see time stamp here).



GFIs1

Wednesday

New pic of the world right now: all important indexes red!
Nikkei made the flush down yesterday too!
btc$ stabilized on level 55k.
Numbers today: 14:15 US jobs - a jump up expected

DAX on the retrace path (up) from a low during the night @ 14828 (!)
Price 8:00 - 14964.5 (2 points off my TP from yesterday), means
back to the 161.8% in the FIB

GFIs1

Wednesday trade

DAX short 10:30 to 14:30
entry @ 15062
exit @ 15079
result -17 points

GFIs1

About strong movements on weekdays

Out of experience we can see that when on a Tuesday a high vola is to see then the next is on the Thursday.
Looking forward to see the counterpart to yesterday.
Traders like that much more than sideways moves.

Sunny trading days!
GFIs1

edit 19:15 - part of the rebounce came in the afternoon and after cash hours...
Some points up this week are still possible.

Thursday

Asia green.
News: 13:25h speech of Lagarde, G-Britain Interest Rate Decision 13h.


GFIs1

Thanks for sharing

Thursday trade

DAX went back on IB to the level before the dip... hence a trade

DAX short 9:30 to 13:30
entry @ 15276
exit @ 15164
result + 112 points

GFIs1