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Monday has no trade as last friday range reached 255 points.
Next week on Monday is US closed (Memorial day).
This means no trade on Friday anyway. And right there is IFO 10h too.
Smells like the bigger moves will be seen on Tuesday and Thursday.
And today heading for 11674 upper resistence to turn down again.
Looking forward to these 2 days!
Last friday price came out south of daily Kumo - but closed within again.
This morning price is definitely out of Kumo as the bottom line came up to
@ 11471.
If price still is traded south of Kumo we can look again to trade a Walzer.
Higher vola during this week and good volume until Thursday seems
obvious.
Gap this morning - jumping over 11674.
Price still in Kumo. But opens above down flag!
The next resistance is @ 11779.
Scenario today long until that price and then sideways.
Thursday taking out money of the markets for long weekend.
That might be the counter day to today ;-)
After a tremendous upmove in the first minutes after opening,
all things are on the table. The jump is a result of the EUR/USD.
This gives a trade short from 10:30 to 12:00
entry @ 11827
exit @ 11800
result +27 points
IB vol very high!
Risky trade for strong nerves only.
GFIs1
PS: even the trade was very well placed (counter trend) - the final
result is NOT that good as the Walzer was this morning on that
very special pattern
Today a constellation came up which shows a Working walzer again:
First 30 min. candle was >115 points with up gap -> means a very
strong move with clear Walzer pattern:
10:00 long @ 11806
11:00 exit long @ 11840 (result +34 points)
11:00 entry short …
As thought on Tuesday - the moves are on Tuesday, on Wednesday no real pattern
but nearly a Doji.
Today we can see a good volume and maybe a good ride down - so fasten seat belts!
