GFIs1 1 DAX trade per day journal (Page 16) - Trading Journals | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Trading Journals


GFIs1 1 DAX trade per day journal
Started:February 18th, 2012 (07:46 AM) by GFIs1 Views / Replies:263,685 / 2,769
Last Reply:1 Hour Ago (06:08 AM) Attachments:173

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


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, and we will never resell your private information.

-- Big Mike
     

Reply
 173  
 
Thread Tools Search this Thread

GFIs1 1 DAX trade per day journal

Old April 18th, 2012, 08:38 AM   #151 (permalink)
Elite Member
Linz / Austria
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: TF, ES, Currency Futures
 
Posts: 106 since Oct 2011
Thanks: 131 given, 76 received

what are you not allowed to trade according to your system?
--
nice journal btw.!

Reply With Quote
     

Old April 18th, 2012, 09:39 AM   #152 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,559 since Feb 2012
Thanks: 3,088 given, 6,206 received


GFIs1 View Post
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.

Hi ollivermilton
Rule restricts trades when the trading day before exceeded 150 points (Hi/Low) for one day
and with more than 250 points (Hi/Low) for 2 days.
In such moments normal "waves" after the first 30 minutes do not exist and the normal
rule will normally hit most of the SL then.
Avoiding "known holes" in the system - meaning abnormal price moves is a great optimization
to stay in the profitable zone.
This mechanical system works in over 90% of the Dax day ranges. Around 5% are filtered
out with these two special rules. The rest of up to 5% are SL hits due to abnormal market events.

GFIs1

Reply With Quote
     
The following 4 users say Thank You to GFIs1 for this post:
     

Old April 18th, 2012, 09:47 AM   #153 (permalink)
loeser
Belgium/Antwerp
 
Futures Experience: Beginner
Platform: Metatrader4
Favorite Futures: Eur/Usd, s&p, DAX, DOW
 
Posts: 20 since Apr 2012
Thanks: 3 given, 11 received



GFIs1 View Post
Hi ollivermilton
Rule restricts trades when the trading day before exceeded 150 points (Hi/Low) for one day
and with more than 250 points (Hi/Low) for 2 days.
In such moments normal "waves" after the first 30 minutes do not exist and the normal
rule will normally hit most of the SL then.
Avoiding "known holes" in the system - meaning abnormal price moves is a great optimization
to stay in the profitable zone.
This mechanical system works in over 90% of the Dax day ranges. Around 5% are filtered
out with these two special rules. The rest of up to 5% are SL hits due to abnormal market events.

GFIs1

I'n gonna follow you for a while. DAX trading is volatile.
Thanks in advance.

Reply With Quote
     
The following user says Thank You to loeser for this post:
     

Old April 18th, 2012, 02:12 PM   #154 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,559 since Feb 2012
Thanks: 3,088 given, 6,206 received

Many Thanks..


loeser View Post
I'n gonna follow you for a while. DAX trading is volatile.
Thanks in advance.

..to all followers and contributors. Every input makes this journal more lively.

For all who were not following from the first post - here one important distinction
about announcing and taking the daily GFIs1 DAX trade:

1) every trade is announced in advance as well as opening/closing the trade in real time on twitter
2) to get some discussion / in depth description and review/preview of the trade there is
one daily post on futures.io (formerly BMT) which is updated after announcing. So the post on futures.io (formerly BMT) may be later
than the twittered post as I have to take the trade and to post the action on different channels.
3) a weekly result is posted here to update the followers who read the journal for results only on
weekends.
4) a very interesting thread provides some preview on different instruments to see some
traders discussing moves for the next day: on traders hideout / tomorrow's trade.
Will contribute from time to time an outlook on the DAX for the next possible directions.

Any input always welcomed.

GFIs1

Reply With Quote
     
The following user says Thank You to GFIs1 for this post:
     

Old April 19th, 2012, 04:23 AM   #155 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,559 since Feb 2012
Thanks: 3,088 given, 6,206 received

Thursday trade

Futures Edge on FIO

Are you a NinjaTrader user?

 
Preparing to go DAX long from 09:30 to 13:30

entry @ 6787

"smells like a little jump up this morning"

unfortunately the up/down spike of 71 points at 11:00 hit the SL

exit @ 6757

result minus 30 points

GFIs1


Last edited by GFIs1; April 19th, 2012 at 06:22 AM.
Reply With Quote
     
The following user says Thank You to GFIs1 for this post:
     

Old April 19th, 2012, 05:00 AM   #156 (permalink)
loeser
Belgium/Antwerp
 
Futures Experience: Beginner
Platform: Metatrader4
Favorite Futures: Eur/Usd, s&p, DAX, DOW
 
Posts: 20 since Apr 2012
Thanks: 3 given, 11 received

I look for an entry to the south


GFIs1 View Post
Preparing to go DAX long from 09:30 to 13:30

entry @ 6787

"smells like a little jump up this morning"

exit @

result

GFIs1

Good morning, dangerous for me. Yesterday we have made een inside candle. We can go up en retest de high on 6808
We will see, Londen comming in now

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Grt.

Reply With Quote
     
The following 2 users say Thank You to loeser for this post:
     

Old April 19th, 2012, 05:31 AM   #157 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,559 since Feb 2012
Thanks: 3,088 given, 6,206 received

Thursday outlook

Looking for reaching 6912 level again...
Extra attention on IFO day tomorrow - GFIs1 trade will start after the numbers.

GFIs1

Attached Thumbnails
GFIs1 1 DAX trade per day journal-daxthursdaylive.png  
Reply With Quote
     

Old April 19th, 2012, 06:49 AM   #158 (permalink)
Elite Member
Oberhausen, Germany
 
Futures Experience: Advanced
Platform: Sierracharts
Broker/Data: Interactive Brokers/DTN IQFeed
Favorite Futures: Bund Future
 
Posts: 278 since Aug 2011
Thanks: 100 given, 310 received


GFIs1 View Post
Preparing to go DAX long from 09:30 to 13:30

entry @ 6787

"smells like a little jump up this morning"

unfortunately the up/down spike of 71 points at 11:00 hit the SL

exit @ 6757

result minus 30 points

GFIs1

That one was caused by the Spanish Bond Auction at 10:30. Results were better than feared. I stay out of the market around such events. Others are German ZEW, NFP etc.

Reply With Quote
     

Old April 19th, 2012, 07:34 AM   #159 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,559 since Feb 2012
Thanks: 3,088 given, 6,206 received


FGBL07 View Post
That one was caused by the Spanish Bond Auction at 10:30. Results were better than feared. I stay out of the market around such events. Others are German ZEW, NFP etc.

1) This is very true. As this event was standalone it is not covered by my rules. (IFO / US # etc. are covered)
2) The spike was somehow unnatural - as more than 71 points for this auction seems not adequate. Thinking
more of collecting major stops / entry levels.

For tomorrow's IFO as announced - the rule means entry 30 minutes after IFO numbers are out. This way
the eventual spike does not effect our trade.

Your input is very welcome - in phases of incertainty it is best to stay at the sidelines.
The 1 DAX trade here however wants to bring up a signal for almost every trading day.

GFIs1

Reply With Quote
     

Old April 19th, 2012, 08:49 AM   #160 (permalink)
loeser
Belgium/Antwerp
 
Futures Experience: Beginner
Platform: Metatrader4
Favorite Futures: Eur/Usd, s&p, DAX, DOW
 
Posts: 20 since Apr 2012
Thanks: 3 given, 11 received

What a pullback


I must be quick now.
123H op 30'
In on 6753
2/3 out on 6688
Runner on BE en let's go.

Reply With Quote
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Trading Journals > GFIs1 1 DAX trade per day journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: ADL hands-on

Dec 13

Normal webinar schedule resumes after the holidays

January

Ernie Chan: Risk Management

Elite only

Dedicated Trading Servers: Advantages/Disadvantages w/sam028

Elite only

An Afternoon with FIO member Massive I

Elite only

Leo Murphy: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
DTs Day Type Journal DionysusToast The Elite Circle 49 August 17th, 2015 11:13 PM
Journal of a Nifty Day Trader psb1967 Trading Journals 11 February 7th, 2014 09:22 AM
10% per day, video journal Ryanb Elite Trading Journals 80 March 3rd, 2013 03:25 AM
Emini's Swing trade v day trade kctpac Index Futures Trading 0 March 1st, 2011 10:32 AM
Using DAX to trade the ES - better than volume trendisyourfriend The Elite Circle 40 July 13th, 2010 12:31 PM


All times are GMT -4. The time now is 07:33 AM.

Copyright © 2016 by 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
Page generated 2016-12-09 in 0.15 seconds with 20 queries on phoenix via your IP 54.161.128.52