podski 

It is a public holiday in Germany and a lot of other European countries ... so will anyone turn up or can we all have a day off ? :-) p

You can always have any day off - necessary and compulsory for brain health!.

ratfink 

You can always have any day off - necessary and compulsory for brain health!.

Thanks man ...it's good to know that it has been signed off !

:-)

p

GFIs1 

Hi @CPRICE76 - thanks for following 1) only IFO and ZEW have special entry rules. Trades are made on IFO and ZEW days 2) no 3) there is slippage possible but I have very rarely trades where SL does not hold Good trades GFIs1

Thanks for the reply.Just to let you know I have positioned myself ahead of ZEW . Hoping I do not suffer major slippage if the number comes out weaker than expected. I am using a 12 tick stop @8241 in the cash not the future.

Dax short 10:30 to 13:00

entry @ 8345

exit @ 8354

result -9 points

risk - medium

outlook - Wednesday conso - new alltime high already seen in this first IB..

GFIs1

edit: difficult at the alltimehigh to get some neat shorts....
BUT: for those who are still waiting for positive points - get out @ 14:30 @8336

Had promised some posts ago to show the bigger picture with the daily Dax
to get a feeling where price might go:
--> GFIs1 is leaning again out of the window
-> who bets against? lol



Chart speaks it's own language...
GFIs1

Dax short 09:30 to 16:00

entry @ 8352

exit @ 8382 SL

result minus 30 points

risk - medium

outlook - conso before a long weekend

GFIs1

Dax made another 8404 top - we hope to see a double top
this might be the turning point for lower prices... - lets follow!

So Monday will be NO GFIs1 trade (Pfingsten) and Wednesday is the
first day to look at again.

Have some nice days over Pfingsten
GFIs1


PS II: after having seen the top - some more normal days in Dax trading
will be for sure

This week had three trades:

one positive: 1 point
two negative: -9 - 30(SL) = -39
Total weekly points: - 38

Since week 2: +372 points

Not very encouraging week during this bullish move to new alltime highs.
As a conclusion how to trade near highs: be careful and lower your risk...

Looking forward to next week (no trade on Monday though)

GFIs1

PS: "For sell in May and go away"... it is too late now

Dax short 9:30 to 15:30

entry @ 8464

exit @ 8464

result 0 points

risk - medium

outlook - downmove for today expected

GFIs1

Dax short 09:30 to 14:30

entry @ 8378

exit @ 8326

result plus 52 points

risk - medium

outlook - tricky day with IFO numbers @ 10:00 plus Monday US memorial day (no GFIs1 trade then) - further downmove expected but waiting for the setup first.

GFIs1

Nice trade! have a great w/e, Cheers