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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #1071 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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The Dax is in a very strong correction phase right now.
Today we had 9089.5 in the Future as a intermediate low.
Looks like the needed low for reversal is not yet reached:
8950 has to be hit (watching the 4h chart) to see
the next (little) reversal.
The scenario described in previous post is no longer valid:
New Alltime Highs within this month are no longer possible.

Good trades!
GFIs1

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Can you help answer these questions
from other members on NexusFi?
Trade idea based off three indicators.
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Pivot Indicator like the old SwingTemp by Big Mike
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  #1072 (permalink)
 GFIs1 
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Dax short 09:30 to 13:30

entry @ 9141
exit @ 9124
result plus 17 points

tight stop

GFIs1

...for a 29 point day range

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  #1073 (permalink)
 GFIs1 
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This week had 2 trades

positive +13 + 17 points
weekly result + 30 points
Points since week 2: 975

GFIs1

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  #1074 (permalink)
 
xelaar's Avatar
 xelaar 
prague, czech republic
 
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Do you disregard NFP completely and just trade this day as usual?

Trade to live. Not live to trade.
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  #1075 (permalink)
 GFIs1 
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xelaar View Post
Do you disregard NFP completely and just trade this day as usual?

My trade is always after Initial Balance (30 minutes) and exit BEFORE US numbers.
This prevents from surprises.
Of course price (after US numbers) might bring gains in new hights - BUT: not always
So being on the secure side means sometimes less plus points but for sure:
LESS minus points during hectic markets too.

Happy weekend
GFIs1

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  #1076 (permalink)
 
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 ratfink 
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GFIs1 View Post
result plus 17 points

tight stop

GFIs1

...for a 29 point day range

Always remarkable, very best wishes to you from Fuertaventura

Travel Well
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  #1077 (permalink)
 
xelaar's Avatar
 xelaar 
prague, czech republic
 
Experience: Intermediate
Platform: NT7, MT4
Broker: LMAX
Trading: DAX, Gold, Euro
Posts: 1,505 since Feb 2013
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Thanks Received: 2,568


GFIs1 View Post
My trade is always after Initial Balance (30 minutes) and exit BEFORE US numbers.
This prevents from surprises.
Of course price (after US numbers) might bring gains in new hights - BUT: not always
So being on the secure side means sometimes less plus points but for sure:
LESS minus points during hectic markets too.

Happy weekend
GFIs1

Right, but the volatility usually contracts before NFP is out and often run stops closely before the news.

Trade to live. Not live to trade.
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  #1078 (permalink)
 GFIs1 
who cares
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No trade today because of conflicting rules.

GFIs1

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  #1079 (permalink)
 GFIs1 
who cares
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Dax short 09:30 to 13:30

entry @ 9028
exit @ 9048 (Stop) stopped out on the tick
result -20 points

Thin signal - stop tight

GFIs1

PS: the missing Wednesday trade did not happen due to very low volume on open

PS II: thin day range of 34 points only...

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  #1080 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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Trading: forget about it
Posts: 6,937 since Feb 2012
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Thanks Received: 15,599


This week had one trade

Friday's short stopped out on tight stop - 20 points

Points since week 2: 955

GFIs1

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Last Updated on April 23, 2024


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