Wednesday trade

DAX short 9:00 to 15:30
entry @ 15454
exit @ 15461
result -7 points

GFIs1

Thursday - after FED

FED decision with leaving the ZERO interest strategy for the next months makes markets happy.
That a change of this policy in the very near future is highly probable doesn't influence the markets right now.

What does it mean?
With this flood of cheap money the last quarter will be profiting - means prices will shoot up - new ATH's very possible.
So looking forward to a year end rally which starts today.

Good trades
GFIs1

Friday

Asia mixed - small minus, Nikkei >2%
btc$ indecision
No important news today. **

DAX still on the up path.
GAP of 2 days now closed.

GFIs1

** the IFO numbers from today were already priced in since 2 weeks:
• delay of goods imported is known
• container ships not processed will be in conflict of Christmas business
• shortage in chip production sends German car makers into the desert
• not foreseeing those problems is a lack in the planning

Conclusion - the ongoing insecurity on above points will not help the DAX to see new highs immediately

Friday trade

DAX short 9:30 to 13:30
entry @ 15522
exit @ 15530
result -8 points

GFIs1

Week 38 result

This week had 3 trades:
One positive: + 105 points
two negative: - 7 - 8 points

Weekly result + 90 points
Yearly result: 2908 + 90 points = 2998 points

GFIs1

Monday

Last week of important 3rd quarter. Some window dressing ahead!

Asia slightly green - not much vola.
USA important numbers 14:30.
btc$ up.

GERMANY - elections ended yesterday. New chancellor not defined yet.
Discussions on the final standing will take some months for negotiations...
DAX jumped above Kumo again this morning.
8:19 - price above previous week - might give a gap up.

GFIs1

Monday trade

DAX long 9:00 to 14:30
entry @ 15702
exit @ 15594
result -108 points *

GFIs1

9:12 gap closed
had no stop and afk - no problem so far

Tuesday

Asia mixed - NIKK -2.07%.
No important numbers.
ECB Lagarde speech 14:00.
btc$ sideways.

DAX started within 1h Kumo.
4h Kumo is the roof above the start today - no way up.

GFIs1

edit 9:26 DAX out south of 1h Kumo already

edit 13:11 - a next support is @ 15266/77 - we will carefully watch that one

Oh yes - Why? This is the 261% FIB level - that easy

Tuesday trade

DAX short 9:00 to 15:30
entry @ 15544
exit @ 15401
result +143 points

GFIs1

wow - congrats!
just missed the first drop and did not want to jump in afterwards...

crossing fingers - have a good day