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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #3281 (permalink)
 
Sazon's Avatar
 Sazon 
Roswell, GA
 
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Just be careful...my experience in doing that kind of analysis is that it only results in curve-fitting.

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  #3282 (permalink)
 
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 bobwest 
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Sazon View Post
Just be careful...my experience in doing that kind of analysis is that it only results in curve-fitting.

My feeling too. It's a pattern, but will it repeat? Next year, different weeks may be up or down. Seasonality is real, but is not necessarily always really reliable.

An interesting analysis, but do be careful.

Bob.

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  #3283 (permalink)
 GFIs1 
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Thanks @Sazon and @bobwest
Very happy to get response on that matter from my longtime followers.

Of course I know about historic / forward calculating etc. curve fitting systems.
That is not so in my case.
My results over 6 years documented here in this thread were giving me hints about low volume and more
risky - often sideways times. As well as strong and very strong moments. All that included I am relying on
the 6 last years my system went on and on.

Just to declare that there are important weeks in every year - just as the fact that we have strong weekdays
when money flows into the markets (Monday), shake on Wednesdays and get out on Fridays.
As described in my initial post from 2012. The same thing happens for quarter ends (window dressing of
companies) as well as for triple witch weeks that dictate a lot - means newbies might crack on those
up and downs.
Nothing has changed since 2012 regarding those patterns.

Therefore my always given warnings on low volumes will have an effect on the given week as well.
Means staying at the sidelines to prevent from loss.

My intention is to reduce my trades in the near future anyway - that insight given above came in handy.
Will tell here more about that progress without having losing weeks when I see it obviously from my large
table of data on one view.

Happy holidays
GFIs1

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  #3284 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
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Impressive work !

I see the daily hard work, as a subscriber to this thread..

congratulations

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  #3285 (permalink)
 GFIs1 
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rleplae View Post
Impressive work !

I see the daily hard work, as a subscriber to this thread..

congratulations

Thanks @rleplae

Very true: keeping a own journal on the tracks for a long time (not only during BigMike's contests)
is quite time consuming. You are doing the same thanks for it as well!
But having such a journal here on futures.io gives oneself much more thoughts on how to improve -
even after years of trading.

Such said and repeating - keeping an eye also on journals and not only on live trading - is a very
high valuable thing for every trader who wants to get consistent and stepping forward.

GFIs1

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  #3286 (permalink)
 
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 bobwest 
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rleplae View Post
Impressive work !

I see the daily hard work, as a subscriber to this thread..

congratulations

Agree with this. Well done.

Bob.

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  #3287 (permalink)
 GFIs1 
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Dax has started again. With low volume as normal.
A short week ahead:
Just until Friday 14:00!

GFIs1

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  #3288 (permalink)
 
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 Renkotrader 
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Viel Glück für Deine Trades! I will start trading Dax again after this low volume time at Monday, the 8.01.2018

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  #3289 (permalink)
 GFIs1 
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Renkotrader View Post
Viel Glück für Deine Trades! I will start trading Dax again after this low volume time at Monday, the 8.01.2018

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Thanks Renkotrader
This will be most reasonable for sure.
But beware of week one and week 8 of 2018 - maybe you should have a look @ week 1 to see
some nice extra fishing
This time it looks like holding back the new ATH for end of February.

Have great holidays ("e guete Rutsch!")
GFIs1

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  #3290 (permalink)
 
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 Renkotrader 
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Hey GFIs1,

thanks a lot for this information - I will do Hm, no one will be sure, whre the DAX is going in this timeframe. I made for myself the forcast, that we will see in November and Dezember a big long run - but what I think is not the meaning from the real marketmovers.

Habe einen guten Rutsch ebenso und weiterhin viel Erfolg!

Best regards,
Renkotrader

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