Yesterday the bullish move exceeded the daily range where GFIs1 rules allow a normal trade the day after.

Therefore NO trade will be made today.
Not to forget: The NEXT trade will be on Friday.

GFIs1

This friday is IFO day.

Expectations:
"Erwartet wird der deutsche ifo Geschäftsklimaindex bei 105,0 nach zuvor 104,2.
Der Index zur aktuellen Lage wird mit 108,5 erwartet, nach 108 im Vormonat."

..which means a better climate than last month.
I doubt about it

DAX short 10:30 to 16:00

entry @ 7639

exit @ 7669

result minus 30 points (SL)

risk - medium

outlook - after good IFO numbers - further short on the downleg


GFIs1

a last word about NEWS-pages: "www.derivatecheck.de" has still "IFO 10:30"... but numbers were out 10:00
looks like copy/paste every month

This week had 2 trades:

one positive (plus 58 points)
one negative (minus 30 SL)

Total weekly result +28 points
Total since week 1: 151 points

GFIs1

GFIs1 

This week had 2 trades: one positive (plus 59 points) one negative (minus 30 SL) Total weekly result +29 points Total since week 1: 159 points GFIs1

Very nice!!! And congratulations on your new title and new rules. I think you truly deserve this mainly because of your persistency, consistency and heads on approach. you are also doing a great service to the Dax traders community, by bringing Dax trading to the forefront. between the lines I can also see your true love of trading.
Do you already have a take on Monday?

cheers,

Eyalor8 

Very nice!!! And congratulations on your new title and new rules. I think you truly deserve this mainly because of your persistency, consistency and heads on approach. you are also doing a great service to the Dax traders community, by bringing Dax trading to the forefront. between the lines I can also see your true love of trading. Do you already have a take on Monday? cheers,

Thanks @Eyalor8
For Monday there is no preview taken - I hope to see it clear at the opening.
Nice weekend

GFIs1

Dax long 10:30 to 13:00

entry @ 7734

exit @ 7846

result plus 112 points

risk - medium

outlook - out of daily Kumo (north) - further bullish expexted

GFIs1

So, GFI, what does the Ichimoku say in face of such a strong opening. A bit scary to go short... no?

GFIs1 

Dax long 10:30 to 13:00 entry @ exit @ result risk - medium outlook - out of daily Kumo (north) - further bullish expexted GFIs1

Oooops, sorry. didn't see your post...
Yes, I agree. but this maybe very short lived, since this leg up is very ripe to turn around. Maybe even today around the US open... according to my calculations....

Eyalor8 

Oooops, sorry. didn't see your post... Yes, I agree. but this maybe very short lived, since this leg up is very ripe to turn around. Maybe even today around the US open... according to my calculations....

...that is why the trade will take the "second" wave with less movement and end 13:00...

GFIs1

G'day GFIs1 , I've been following your trades for a while off line so thought I better join Big Mikes forum and say well done for being brave and posting your entry and exits .
100 points above your entry today so doubly well done .
I do cringe at times when u hang in there and trade your time and not the price but if it works long term for u then well done .
cheers and good trades gg