Friday trade

Dax short 9:30 to 16:30
entry @ 13042
exit @ 13082 (SL)
result -40 points


GFIs1

Weekly results

This shaky week had 5 trades

all negative: - 50 - 30 - 14 - 40 - 40 points

Weekly total - 174 points

Yearly result 3664 - 174 points = 3490 points

GFIs1

Biggest draw down week this year

Monday trade

DAX started this morning with a up gap to get near the highs of last week (Nov 9) with price @ 13240.
This is due to the fact that US elections now have consistent results after the counting nearly has finished. The not yet available vaccines are no longer a pushing candidate...

9:06 a slump down - gap not closed
gap was closed with the 30m candle from 9:30

DAX short 10:30 to 13:30
entry @ 13141
exit @ 13181 (SL)
result -40 points

well - see the development below

GFIs1

DAX illustration during the trade



Guess what happened after :



the trade went into stop loss (SL)

GFIs1

Why such a jump up?

Markets are most volatile right now. Some unexpected news can shake up those markets in no time. This is always a trader's risk.

BREAKING: 12:30
A new vaccine from "MODERNA" shall come onto the market(s) soon with 94% positive effect - and britzzzzzzz... the price of the DAX is exploding for nearly 30 minutes... - aha!!

Result a jump of
136 points up in 30m...

No Walzer expected as this bladder is already over.

Shaky markets sometimes push small traders (like me) at the sidelines

GFIs1

Tuesday trade

DAX started in previous day range - trend down

DAX short 9:30 to 16:30
entry @ 13136
exit @ 13101 (stopped man. after the reversal 16:00)
result + 35 points

GFIs1

edit 16:48h
Shaky movements still are ahead! Caution within this indecision period

Wednesday trade

DAX short 10:30 to 14:30
entry @ 13140
exit @ 13170 (SL)
result -30 points

well - this time it did not work! The bullish strength at the moment is still 2/3 against 1/3.

GFIs1

Thursday trade

DAX long 9:30 to 13:30
entry @ 13124
exit @ 13094 (SL)
result -30 points

GFIs1

Friday trade

Battle around 13k again...

DAX short 9:30 to 13:30
entry @ 13109
exit @ 13139 (SL)
result -30 points

GFIs1

Weekly results

Again a shaky week with 5 trades

negative: - 40 - 30 - 30 - 30 points
positive: +35 points

Weekly total - 95 points

Yearly result 3490 - 95 points = 3395 points

GFIs1