GFIs1 

Thanks rat for the flowers - appreciate them :-) To be driven now to say 9350 should be seen VERY soon. ... GFIs1

Price dropping quite fast.
In another post I said with Ichimoku hints that 8650 is the next bigger support.

For a the summer months with normally low volume we can see big volume and
quite some volatility.

GFIs1

so that was a real pain in the ass yesterday. never expected such a dip. I even made minus 10 points... no comment on that... I hope at least someone in here got the jackpot....
have a nice weekend.

GFIs1 

The above posts say the 9600 is a crucial zone. That can be seen of the Ichimoku cloud (daily price) at 9608. If this line is broken some FIRST downmove to 9350 will be obvious. A second drop to 8650 can happen - of course a reversal near 9600 should be made first. GFIs1

Now as volume came in plus some interesting INline moves down
we kill in no time so many points that were made up in many months.

In the quote above I saw 8650 "CAN HAPPEN" which is now changed
to "WILL HAPPEN". Maybe not in one direct leg but really soon.
With this the overpriced market in the Dax will have the correction
needed before it can go up to higher levels - but then hopefully
on a better and solid base.

GFIs1

PS: admitting that the system in this thread does not follow these
honey pots - as most of the intraday ranges exceed the system's
rules within sharp moves with high volume.
Here the manual trader with nerves of steel could jump in to get to the jackpot!

As always: Market will be there tomorrow

Attention today - ECB day on the 1st of the month.
Announcements at 13:45 und 14:30h might shake the markets.

Next GFIs1 trade tomorrow Friday.

GFIs1

Dax short 09:30 to 13:30

entry @ 8949
exit @ 8979 (SL)
result -30 points

IB volume good

GFIs1

the gap to yesterday could not be closed
selling volume high in this first hour

up to now gap not closed to yesterday (missing 2 points)

This week had 1 trade

negative -30 points stop loss
weekly result -30 points
Points since week 2: 532

GFIs1

..does not happen as Friday's range exceeded limit.

Good trades
GFIs1

Dax short 10:30 to 14:30

entry @ 9157
exit @
result

IB vol ok

GFIs1

Dax short 09:30 to 14:30

entry @ 9258
exit @ 9273 (SL)
result -15 points

IB Vol low
SL tight

GFIs1

This week had two trades

both negative with -15 points (SL)
weekly result -30 points
Points since week 2: 502

Still choppy market - some caution still needed.

Good trades
GFIs1