GFIs1 1 DAX trade per day journal - futures io
futures io



GFIs1 1 DAX trade per day journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one GFIs1 with 3,645 posts (8,672 thanks)
    2. looks_two ratfink with 83 posts (146 thanks)
    3. looks_3 CPRICE76 with 72 posts (29 thanks)
    4. looks_4 xelaar with 69 posts (95 thanks)
      Best Posters
    1. looks_one choke35 with 2.5 thanks per post
    2. looks_two GFIs1 with 2.4 thanks per post
    3. looks_3 ratfink with 1.8 thanks per post
    4. looks_4 xelaar with 1.4 thanks per post
    1. trending_up 702,119 views
    2. thumb_up 9,970 thanks given
    3. group 219 followers
    1. forum 4,790 posts
    2. attach_file 353 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

GFIs1 1 DAX trade per day journal

(login for full post details)
  #141 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received


GFIs1 View Post
Today's chop chop in the DAX does not really help to see the trend.
There is (see chart) this moment building up a nice Diamond.. This should happen in the pink oval...
In our case as daily price is in the red (short) Kumo - I expect
some down movement by tomorrow afternoon.
GFIs1

Now that we have seen the movements in / out the diamond there is a nice pic (see attachment).
Price was dancing around our pink oval - and is still heading down as discussed above.

Will give a Elliott explanation from moves within the diamond to see where the next bars were
heading to... in the next post.

GFIs1

PS: Friday trade was positive - and exited before US numbers...
still expecting a down move til' end of week - but now on the secured side.

Attached Thumbnails
Click image for larger version

Name:	Triangle2.jpg
Views:	226
Size:	245.1 KB
ID:	69827  
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:

Can you help answer these questions
from other members on futures io?
Does anyone have the code for Anchored Vwap to use in Qu …
Traders Hideout
What are the main Eurobond futures and their respective …
Traders Hideout
Google Keyword Search Alerts
Traders Hideout
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Vinny E-Mini & Algobox Review TRADE ROOM
44 thanks
Design a DayTrader Scalping Order Flow Indicator
23 thanks
AMA: FuturesTrader71 (FT71) / Morad Askar - Ask Me Anything
9 thanks
Daytrading.Coach Review
9 thanks
The Wheel Strategy on Options
8 thanks
 
(login for full post details)
  #142 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received

Expectation from Thursday building first a triangle to get at last a full diamond
(blue lines in the chart) was fulfilled with a steep downmove on Friday to the lower
diamond line as support.
Very interesting chart pattern which underlined the short preview for Friday.
This gave some positive gains - if played into the end of day - a great trade.
Have noted in the chart my system entry and exit for Friday. The rules did not
allow to stay in the trade when US starts - so the exit was for that time ok.
Discretionary traders might have traded this one till the end of day. The result
for the discretionary trade is 218 points versus the 38 points the system trade
gave.

Of course the main problem is to "see" that pattern as it develops...
After everything is in place - the pattern is easy to extract from the chart.

Hope to have given some insight live this week.

GFIs1

Attached Thumbnails
Click image for larger version

Name:	DiamondFinal.jpg
Views:	208
Size:	288.1 KB
ID:	69950  
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #143 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received


Here I finish the examination of diamonds and put some short Elliott counting in effect
to profit from a chop chop day as Thursday looked on first sight plus a heavy push down
in one trade on Friday.

In the attached chart I marked at the high point of the diamond a
1 -> first trade short to
2 -> reverse to long to
3 -> reverse to short etc. to 5

At this point price is moving out the diamond shape to build a false long breakout.
From there price is coming back to the pink circle and heading down south as
shown in the last post.

GFIs1

Attached Thumbnails
Click image for larger version

Name:	DiamondCounting.png
Views:	200
Size:	62.7 KB
ID:	69955  
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #144 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received

Four GFIs1 trades possible this week - missed the Tuesday trade to announce

Three trades done
two trades ended negative (one of them hit SL)
one trade positive

Total of the week plus 1 point.

Normal 5 day weeks lay ahead.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #145 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received

DAX long from 10:00 to 12:30

entry @ 6578

exit @ 6642

result plus 64 points

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #146 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received

.. but here it is:



discuss the probabilities

GFIs1


Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #147 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received

DAX long from 10:00 to 11:30

entry @ 6670

exit @ 6702

result plus 32 points

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #148 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received

After two long days a wednesday short seems to likely to come and to be appropriate
following our weekday patterns plus following GFIs1 mechanical system.
Today the VPOC of 6699 had been reached again.
Daily price is still in the red Kumo - which underlines a overall
short movement which has not ended yet.

You may follow the daily preview in the thread: tomorrows chart

Happy trades

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
 
(login for full post details)
  #149 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received

Tuesday ended with a rally up which gave more than 150 points range.
As GFIs1 Dax rule does not allow a system trade after such moves
there is NO trade proposition today.
Normally on wednesdays we can see a retracement from the beginning
of the week - so some short in the Dax is expected (but will not happen
in the fixed plan of the system here).

Good trades!

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #150 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,762 since Feb 2012
Thanks: 5,507 given, 12,147 received


Very happy with today's result.
With normal rule our SL would have been reached (by 3 points overshoot).
So 40 points minus would be the result
With today's no risk trade and no loss the system survived
again.

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:


futures io Trading Community Trading Journals > GFIs1 1 DAX trade per day journal


Last Updated on November 30, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts