Week 10 Results

This week had 5 trades

1 positive: + 50 points
4 negative: - 40 -14 - 21 - 30 points

Weekly total - 55 points

Yearly result: 1175 - 50 = 1120 points

A very unusual week with battles at new all time highs + a lot of political influence.
There is a high probability to see more "usual trades" again in the next week.

GFIs1

Monday trade

Catastrophic elections in Germany for the CDU (Conservative) in the 2 counties Baden-Württemberg and in Rheinland-Pfalz. Performing Winners are the Green Party in BW and the SPD in RP. The CDU is on a historic low. This year the country parliament election will be held in September. Obviously the people are not happy about the Slalom of the politics in the whole country.

Asia most green. btc$ on new ATH this weekend: killed the 60k.
Biden speech this evening (18:00 CET).
The US billion stimulus will have an impact also on European exports. Means a positive development on prices for the next months. Of course in the DAX this is mostly priced in already.

DAX started pre cash 7:30 with a thin gap up to Friday. Price is above 30m Kumo.
Looking forward to cash start and on IB. Gap seems to be closed now before cash start.
9:00 start within Friday range - price again lower than 30m Kumo.

DAX short 9:30 to 14:00
entry @ 14534
exit @ 14505
result + 29 points

GFIs1

GFIs1 

Friday trade .... GFIs1 edit 12:00 - probable goals @ 14435 or 14412

Those 14412 had finally been reached as announced on Friday with a low of 14409 one hour ago...
That was the turning point of today.

Good trades
GFIs1

Tuesday

The 30m chart of the DAX shows a corrupted wading thru the Kumo: instead of going up thru long Kumo it had reversed last day. This is often a signal for further short. The goals here are 14200 and/or a new battle at 14k again.
Watching this morning the development - before deciding to take a trade.

GFIs1

Tuesday trade

Asia all green. btc$ down.
Some US numbers 13:30 CET.

DAX made the previewed up out of the 30m Kumo north.

DAX short 9:30 to 16:30
entry @ 14546
exit @ 14576 (SL)
result -30 points

GFIs1

9:55 - worked like a charm and all upon the rules so far.
Finally the push to higher...

Wednesday trade

Asia all thin red this morning. btc$ lower again.
News this evening (no influence of DAX today): US FED and FOMC protocol 19:00 CET.
No change of interest ahead though.

DAX short 10:30 to 1430
entry @ 14548
exit @ 14578 (SL)
result -30 points

GFIs1

Just sideways today.

Thursday

DAX close (cash) gave a new ATH @ 14600 in positive awaiting no interest change in the USA. Pre cash opening jumped up more than 100 points to 14712 after the FED decision which decided as expected. Result - Dow Jones new ATH > 33k. btc$ @ 58k.
The DAX will test 15k in the next days.
ECB Lagarde will talk about the European marktes 9:00 and 12:00 CET.
Asia strong green: more than 1%.

No decision yet about a trade as we are in nowhere land right now.
IB already in first minutes above 14700.
Depending on the colour of IB a trade will be taken.

GFIs1

Thursday trade

IB green - new ATH again.
Price needs to get back to 14648 before rising. Failed.
Gap will not being closed anyway.

DAX long 10:30 to 17:30
entry @ 14725
exit @ 14790
result + 65 points

GFIs1

14800 killed...
entry 1/2 hour too late - exit perfect.

Friday trade

Dax long 9:30 to 14:00
entry @ 14699
exit @ 14701
result +2 points

GFIs1

Week 11 Results

This week had 5 trades

3 positive: + 29 + 65 + 2 points
2 negative: - 30 - 30 points

Weekly total + 36 points

Yearly result: 1120 + 36 = 1156 points

GFIs1

Easter weeks ahead - means lower volumes. Erratic moves possible.

Happy weekend!