Why do you long days ahead and not further retracement to 7130 level. A very impulsive down bar is developing....

Hi @Eyalor8

Thanks for input - I am trading the Dax more than 3 years - this makes it easier to follow the sometimes
"weird" movements...

In answering your question: I have some trading rules connected with every weekday - it does not matter
where the levels are - as I am only trading with these rules. The result shows at least some consistency ;-)
Good trades!

GFIs1

Thanks GFI. I'm very lonely with the Dax here in Israel. So I guess I'll continue to follow your posts. Very interesting...

No GFIs1 trade for Thursday
as Wednesday trade was exceeding 150 points...
Looking forward to Friday's trade.

GFIs1

Concerning the Friday trade - am I right to assume your weekday rule is to go short? Just checking.

Eyalor8 

Concerning the Friday trade - am I right to assume your weekday rule is to go short? Just checking.

For the coming friday - I have no idea to where the journey goes...
The rule set looks for the first 30 minutes after the opening - so the entry time, exit time and SL
are fixed at 9:30 of any trading day.
Rules depend on the day itself (weekday), on the previous day - on eventual gaps, and on parts
of the Ichimoku chart plus on important upcoming announcements like ECB, FED etc.
Therefore I don't have one rule for every day but a set of rules depending on chart and events
as you can easily see when you look at past entry/exit times in this thread.

GFIs1

Dax long 09:30 to 13:30

entry @ 7193

exit @ 7160 (SL)

result minus 33 points

risk - medium

outlook - some back above 7200 highly possible

GFIs1

Thanks. I agree, but this is aiming for small profit and rather risky since this first wave is rather impulsive. The first wave is about to end soon I hope, and the peak of the 2nd wave could offer a less risky short. I believe the peak would come around 13:00 your time.

Eyal

Looks like a washout day... no more buyers here
Done for the week!


GFIs1

GFI, I honestly deeply appreciate your work. You need a lot of courage and discipline to put yourself on the line like that for all the world to see, almost each and every trading day for so long. I read almost every post in this thread and I can only say one thing: "chapeau". What I really like in this thread is your professional and positive attitude at all times. Keep the heads on approach. If you still need my vote - you have it.

Eyal