NexusFi: Find Your Edge


Home Menu

 





GFIs1 1 DAX trade per day journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one GFIs1 with 4,733 posts (11,903 thanks)
    2. looks_two Symple with 89 posts (151 thanks)
    3. looks_3 ratfink with 83 posts (146 thanks)
    4. looks_4 CPRICE76 with 74 posts (30 thanks)
      Best Posters
    1. looks_one GFIs1 with 2.5 thanks per post
    2. looks_two choke35 with 2.5 thanks per post
    3. looks_3 ratfink with 1.8 thanks per post
    4. looks_4 Symple with 1.7 thanks per post
    1. trending_up 1,108,132 views
    2. thumb_up 13,619 thanks given
    3. group 260 followers
    1. forum 6,113 posts
    2. attach_file 430 attachments




 
Search this Thread

GFIs1 1 DAX trade per day journal

  #1481 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562

Yesterday some big players made another peak in the volume.
Strong dumping around 16h let the Dax drop... just as said
earlier this week. More than 93000 contracts were seen that day.
The hi/lo reached 149 points - near my stop trading rule
of 150
So tomorrow and Monday it could give more volatilty and
caution is needed when taking a trade.

GFIs1

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Exit Strategy
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
Deepmoney LLM
Elite Quantitative GenAI/LLM
NexusFi Journal Challenge - April 2024
Feedback and Announcements
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #1482 (permalink)
CPRICE76
LONDON
 
Posts: 93 since Apr 2013
Thanks Given: 110
Thanks Received: 37


GFIs1 View Post
Yesterday some big players made another peak in the volume.
Strong dumping around 16h let the Dax drop... just as said
earlier this week. More than 93000 contracts were seen that day.
The hi/lo reached 149 points - near my stop trading rule
of 150
So tomorrow and Monday it could give more volatilty and
caution is needed when taking a trade.

GFIs1



Tmmrw is a saturday, the markets are closed !

Reply With Quote
  #1483 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562



CPRICE76 View Post
Tmmrw is a saturday, the markets are closed !

...today
thx!

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #1484 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562

Dax long 09:30 to 13:30

entry @ 9820
exit @ 9820 (moved SL to BE)
result 0 points

IB vol ok..
very thin signal
tight stop

GFIs1

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #1485 (permalink)
CPRICE76
LONDON
 
Posts: 93 since Apr 2013
Thanks Given: 110
Thanks Received: 37


GFIs1 View Post
Dax long 09:30 to 13:30

entry @ 9820
exit @
result

IB vol ok..
very thin signal
tight stop

GFIs1



How many points is a "TIGHT STOP" ? 15?

Thanks

Reply With Quote
  #1486 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562


CPRICE76 View Post
How many points is a "TIGHT STOP" ? 15?

Thanks

Originally SL was 15 points. As an exception I moved it to break even
to not get any minus trade more this week.
Looks like the price is going in the desired region hopefully +/- 40 points until 13:30.

Good trades
GFIs1

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #1487 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562

This week had 3 trades

two negative (-30 -15 points)
one neutral (0 point)
weekly result minus 45 points

Points since week 2: 547

Very low volume in the Friday trade after IB
Was clear after the downmove yesterday with 149 points...
Thin signal was indicating too..
Can be still shaky on coming Monday (trade will be 09:30 to 13:30)
LAST DAY of half Year!
Direction will be given 09:30

Conclusion:
Very big indecision - some bigger parties were playing the music this week...
One more week or two ahead - are maybe there to jump in - the rest will be vacation time
with no indication of the (GFIs1) rules as the volume will be too low.
Summer rallye as expected may happen but not really on the main weekdays.
So staying foreseen at the sidelines if volume is low: <5K for IB 30min.

Have a great weekend
GFIs1

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:
  #1488 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562

We have already seen one very quick dump of futures this week -
yesterday we have seen the second one.
Now today the start seemed meaningful - but the rest didn't work.
Here the chart when the big price movements happend (not the same daytime of course):



Expecting not much more cosmetics on Monday though.

GFIs1

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #1489 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562

Today last day of month and half year.

Dax long 09:30 to 16:30

entry @ 9888
exit @ 9858 (SL)
result -30 points

IB very good

GFIs1

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #1490 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,921 since Feb 2012
Thanks Given: 6,181
Thanks Received: 15,562



GFIs1 View Post
Today last day of month and half year.

Dax long 09:30 to 16:30
...
IB very good

GFIs1

IB was too good

This trade was of course not as previewed. Time of entry and I assume even time of exit
are perfect - but the direction of this trade was wrong.

Have revised the rule for the last of month.

Mea culpa - next time we are ready.

GFIs1

looking forward to Wednesday - the last trade this week.

Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on March 27, 2024


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts