Dax long 09:30 to 14:30

entry @ 8105

exit @ 8090

result - minus 15 points (tight SL)

risk - medium

outlook - inside day expected - watching the downside carefully (tighter stop) - US numbers 14:30!

GFIs1

Edit: This week the signals were not in sync! So the slip in prices (as discussed in the other threads)
wiped out some "normal" behaviour. No problem here - this happens.
Looks like volume is ok - and the fear in the markets is accelerating. - This means some good moves
next week
Have a great weeend!

Edit II: @podski: YOU GOT the hat - I am taking the french mustard instead (pure of course)

Edit III: After having seen that price did not come back into previous day's range after 10h - the bulls
had not really an edge.

There will be hat eating in Brussels if that tight stop doesn't get taken out !!

Best of sporting luck !

p

edit: 10:01 ... Gulp !

Best to both of you!

We closed the open gap at 8110 yesterday, from 7/8 May, so an inside day consolidation would be reasonable, maybe some sort of fourth wave or a stronger reversal. There are two remaining open bull gaps from 29 and 30 Apr around 7815 and 7875 cash if it does accelerate strongly to the downside, but that may be a much later story as we have now started leaving bear gaps above us.

podski 

There will be hat eating in Brussels if that tight stop doesn't get taken out !! Best of sporting luck ! p edit: 10:01 ... Gulp !

I was a little worried about the brass buckle .. !!



p

the Dax had some weakness throughout the session.
Even when the (unbelieveable (fake as always?)) US numbers came up
the DAX price did NOT come back to yesterday's VWAP.
This sounds good for another dive next week.
That will also be the last days before rolling over contracts.

GFIs1

This week had three negative trades

two with SL of 30 and one with tight SL of 15 points
weekly result minus 75 points
result since week 2 (2013) plus 416 points

GFIs1

After having had good volume and some strong moves out of normal timeline
we have to be prepared for some other stronger moves before roll over on
June 21st. Expecting to see lower volumes then in July and August.
Friday range was higher than 150 points - so no normal GFIs1 trade on Monday!
Hope to see two good trades next week on Wednesday and Friday.

Great weekend
GFIs1

Your analysis all week was superb, unfortunately the daily rotations were unkind to your timing system, that's trading as you say so well, and sometimes the luck is missing.

Thanks a lot for all the brave work and here's to next week!

Hi GFIs1 and all


This is just an idea for tomorrow.




Good evening!

Hi @AnasParis

this is a good glimpse for a further upmove tomorrow - if it comes...
I am looking for a nice downmove on Wednesday (short as always)
and let the markets play tomorrow

Have a great evening - thanks for the great input!
GFIs1