Yesterday some big players made another peak in the volume.
Strong dumping around 16h let the Dax drop... just as said
earlier this week. More than 93000 contracts were seen that day.
The hi/lo reached 149 points - near my stop trading rule
So tomorrow and Monday it could give more volatilty and
caution is needed when taking a trade.
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Originally SL was 15 points. As an exception I moved it to break even
to not get any minus trade more this week.
Looks like the price is going in the desired region hopefully +/- 40 points until 13:30.
two negative (-30 -15 points)
one neutral (0 point)
weekly result minus 45 points
Points since week 2: 547
Very low volume in the Friday trade after IB
Was clear after the downmove yesterday with 149 points...
Thin signal was indicating too..
Can be still shaky on coming Monday (trade will be 09:30 to 13:30)
LAST DAY of half Year!
Direction will be given 09:30
Very big indecision - some bigger parties were playing the music this week...
One more week or two ahead - are maybe there to jump in - the rest will be vacation time
with no indication of the (GFIs1) rules as the volume will be too low.
Summer rallye as expected may happen but not really on the main weekdays.
So staying foreseen at the sidelines if volume is low: <5K for IB 30min.
Have a great weekend
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A sneak view again on the big players this week...
We have already seen one very quick dump of futures this week -
yesterday we have seen the second one.
Now today the start seemed meaningful - but the rest didn't work.
Here the chart when the big price movements happend (not the same daytime of course):
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Expecting not much more cosmetics on Monday though.
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