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We have reached all three target levels now. (Third target 6450 was missed by 2.5 points)
This area seems to be a resistance area - some move back to make higher highs
is natural. That pullback scenario should happen tomorrow.
So tomorrow's trade will most likely be a short.
GFIs1
Can you help answer these questions from other members on NexusFi?
Looking for the bigger picture in the Dax - I tend to see that the downside here has ended for now.
Lowest price did not test 6200 and the daily Ichimoku shows that the downmovement below the
cloud is balanced for that week. The weekly cloud shows hard support @ 6200.
To make it short - rising prices in the Dax should be seen in the months to come.
This does not influence the movements from day to day though. In the long run there are some weak
resistancies below 6800 and 7000 (as usual here).
Looking forward for some nice up movements to come.
but recovered - and the trade is on track.
This is why a Stoploss is set far away enough to avoid negative results when
the volatility is not in "sync" with the entry/exit time of the system.
Four of the trades were positive and
one trade was neutral.
Total weekly result plus 122 points.
So the may result came after the
mixed results of the previous weeks
to plus 118 points.
Happy long weekend
and cheers to all "Independent Green
Card holders".
Starting on december 19 2011 to twitter one daliy GFIs1 trade with
a previewed entry AND exit time we look back on the posted trades
with total winning points after 6 months:
Result: plus 758 points plus or 9 points for every trading day.
This net result is reaching 18950 €...
...with only one dax traded - original investment of 8K €.
