After the previewed down gap and price in daily Kumo:
Dax long 9:30 to 15:30

entry @ 12915
exit @ 12927
result 12 points

IB vol ok

GFIs1

The "low" scenario described above came into play - just 3 points away from my forecast:



Good trades!
GFIs1

In post #3248 the bigger picture of the DAX was given on November 20th.
Now some days left to see the triple witch on Dec 17th.
Can there be a new high?

Answer - yes - quite possible to see the final end of year rally - have a look:



GFIs1

Friday started in first minutes today with a nice up gap to reach 13167 already.

Looks good as a continuation of the year end rally as described in yesterday's posts.

Just 365 points to go for last ATH...

Good trades
GFIs1

PS: price out of daily cloud again

Dax long 9:30 to 16:30

entry @ 13165
exit @ 13152
result -13 points

IB vol good

GFIs1

This week had 3 trades:

One positive +12 points
Two negative -4 -13 points
Weekly result -5 points

Points since week 1: 1513

GFIs1

Important days upcoming:

• Wednesday - Yellen speech - probable shift of interest into a band of 1.25 to 1.5%
• Thursday - Draghi speech in response - probable leave at it is for Europe
• Friday - Triple Witch - end of December futures contracts

With all this on the plate - some caution is needeed. Better to stay at the sidelines if not sure.
Watch out for volumes to decide to jump into the markets.

GFIs1

There were no trades during this shaky week with resulting price stucks in daily Kumo...

Today the triple witch will close with the Dec future of the DAX @ 13:00.

I am on the new March future already.

So a Friday trade is on the plate:
DAX short 10:30 to 14:30

entry @ 13025
exit @
result

IB vol low

GFIs1 who took the chance to travel for some days to Bordeaux

Friday trade ended in SL (-30 points)

This week had 1 trade
Weekly result -30 points

Points since week 1: 1483

GFIs1

Dax opened with a nice gap up - but still in daily Kumo.

Dax long 9:30 to 14:00

entry @ 13226
exit @ 13298
result 72

IB vol ok

GFIs1