GFIs1 1 DAX trade per day journal (Page 184) - 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:263,268 / 2,761
Last Reply:Yesterday (04:49 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 January 21st, 2015, 11:30 AM   #1831 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,552 since Feb 2012
Thanks: 3,087 given, 6,187 received

Draghi's announcement today - not tomorrow

Obviously Draghi has let out his mice for dancing....
ECB Seeks to Inject 50 Billion Euros a Month Into Economy to Stave Off Deflation; Up to 1.1 Trillion Euros - Bloomberg

So markets are shaking again -> to the upside of course.
I have a test drive here to get some points out of this insane move:
https://futures.io/trading-journals/34280-gfis1-highvola-dax-journal-7.html#post468139

GFIs1

Reply With Quote
     
The following 3 users say Thank You to GFIs1 for this post:
     

Old January 23rd, 2015, 07:21 AM   #1832 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,514 since Feb 2013
Thanks: 1,724 given, 2,588 received


GFIs1 View Post
Obviously Draghi has let out his mice for dancing....
ECB Seeks to Inject 50 Billion Euros a Month Into Economy to Stave Off Deflation; Up to 1.1 Trillion Euros - Bloomberg

So markets are shaking again -> to the upside of course.
I have a test drive here to get some points out of this insane move:
https://futures.io/trading-journals/34280-gfis1-highvola-dax-journal-7.html#post468139

GFIs1

Hi

Do you have any idea or suggestion how to react on it personally? I think euro has a potential to go down quite a lot still but going long US dollar is quite dangerous already. I can think of going long gold versus the euro as a protection hedge. Or maybe just buying DAX index and leaving it for some time?

Trade to live. Not live to trade.
Reply With Quote
     
The following 2 users say Thank You to xelaar for this post:
     

Old January 23rd, 2015, 07:30 AM   #1833 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,552 since Feb 2012
Thanks: 3,087 given, 6,187 received

Friday trade


..was skipped due to the open tsunami Draghi had made public yesterday.
Range was too high for a today trade. New ATH's were nearly assured.
Now the moment could come where some bigger players cashin in some parts.
Next week maybe.
Looking at Ichimoku cloud of the daily: cloud support is shrinking again.
A good sign that the air up there is very thin.
Looking to monday for a next normal trade.

GFIs1

Reply With Quote
     
The following 3 users say Thank You to GFIs1 for this post:
     

Old January 23rd, 2015, 07:38 AM   #1834 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,552 since Feb 2012
Thanks: 3,087 given, 6,187 received


xelaar View Post
Hi

Do you have any idea or suggestion how to react on it personally? I think euro has a potential to go down quite a lot still but going long US dollar is quite dangerous already. I can think of going long gold versus the euro as a protection hedge. Or maybe just buying DAX index and leaving it for some time?

Thanks Alex for the question: my personal meaning about forex is quite negative. But not only in these days but
always.
You can not see the real volume in forex markets.
Some very big players move pairs around - especially in lower volume time of the day and can make hard and
unforeseen moves.
Trading and intraday trading (as the Dax) means currency moves out there do not have a mortal impact on companies.
Thus pricing of the futures of a basket of companies can not make this roller coaster as currency pairs do.
So I am playing in high risk instruments (with not so big leverage). Playing the forex game can be tempting but
it is not very foreseeable.
As a personal recommendation: Stay out of any market if you feel not ready to see "known patterns" or business
as usual. In these volatile times a lot of small market participants are driven out of the game. If they were burned
to strongly they will never come back.

Have a great weekend
GFIs1

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

Old January 23rd, 2015, 08:56 AM   #1835 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,514 since Feb 2013
Thanks: 1,724 given, 2,588 received

Futures Edge on FIO

Are you a NinjaTrader user?

 

GFIs1 View Post
Thanks Alex for the question: my personal meaning about forex is quite negative. But not only in these days but
always.
You can not see the real volume in forex markets.
Some very big players move pairs around - especially in lower volume time of the day and can make hard and
unforeseen moves.
Trading and intraday trading (as the Dax) means currency moves out there do not have a mortal impact on companies.
Thus pricing of the futures of a basket of companies can not make this roller coaster as currency pairs do.
So I am playing in high risk instruments (with not so big leverage). Playing the forex game can be tempting but
it is not very foreseeable.
As a personal recommendation: Stay out of any market if you feel not ready to see "known patterns" or business
as usual. In these volatile times a lot of small market participants are driven out of the game. If they were burned
to strongly they will never come back.

Have a great weekend
GFIs1

Well, I basically meant long-term hedging strategy, not intra-day trading or even swing or medium term trading in forex and gold. But probably Euro is the least of your worries, given that Franc is pointing to the sky, so pardon me for this intrusion!

Trade to live. Not live to trade.
Reply With Quote
     

Old January 23rd, 2015, 08:59 AM   #1836 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,552 since Feb 2012
Thanks: 3,087 given, 6,187 received

Week 4 result

This week had one trade (wednesday)

Weekly result 64 points
Points since week 2 plus 34 points

GFIs1

Reply With Quote
     
The following 2 users say Thank You to GFIs1 for this post:
     

Old January 23rd, 2015, 09:05 AM   #1837 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,552 since Feb 2012
Thanks: 3,087 given, 6,187 received


xelaar View Post
Well, I basically meant long-term hedging strategy, not intra-day trading or even swing or medium term trading in forex and gold. But probably Euro is the least of your worries, given that Franc is pointing to the sky, so pardon me for this intrusion!

Well - it is not bad to think about every investment in local currency versus trading in a different currency.
So a hedge to the CHF (in my case) of the total amount of the traded EUR futures can be interesting.
As it is a hassle to trade on different accounts and to manage all of them with a individual hedging..
I prefer it the easy way and forget about the currency.

GFIs1

Reply With Quote
     
The following 2 users say Thank You to GFIs1 for this post:
     

Old January 26th, 2015, 04:12 AM   #1838 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,552 since Feb 2012
Thanks: 3,087 given, 6,187 received

Monday trade

No trade today as Friday had 207 point range.

A possible WW is developing - so lets follow there.

GFIs1

Reply With Quote
     
The following 3 users say Thank You to GFIs1 for this post:
     

Old January 28th, 2015, 04:27 AM   #1839 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,552 since Feb 2012
Thanks: 3,087 given, 6,187 received

Wednesday trade

No trade on Wednesday - Tuesday had range of 220 points..

GFIs1

Be AWARE: FED announcement tonight 20:00


Last edited by GFIs1; January 28th, 2015 at 05:20 AM.
Reply With Quote
     
The following 2 users say Thank You to GFIs1 for this post:
     

Old January 28th, 2015, 05:04 AM   #1840 (permalink)
Trading for Fun
LONDON
 
Futures Experience: Advanced
Platform: ninja
Favorite Futures: cl
 
Posts: 88 since Apr 2013
Thanks: 108 given, 32 received



GFIs1 View Post
No trade on Wednesday - Tuesday had range of 220 points..

GFIs1


I think you may have to adjust your rules as the daily range is going to get alot higher due to grinding higher- eg like the Dow.

The daily range is only going to get more as we go higher

Reply With Quote
     
The following 2 users say Thank You to CPRICE76 for this post:
     

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)
 

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

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

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

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 05:50 PM.

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 2016-12-06 in 0.16 seconds with 20 queries on phoenix via your IP 54.163.92.62