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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #2601 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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Not sure about the result of UK Brexit now - the Dax chart shows quite a bit
in advance. While the last days had a very good support (120 min cloud) that
will be vanished on Friday morning.
A price of 9760 is foreseen and realistic.

Attention:
This is NOT a trade recommendation.
Fact is that the markets are making 300 or 500 points jumps in no time.
It is for gamblers - not for traders because those price changes up and down
are not reflecting the real gains of the companies included in the indices.

Be aware of those relations.
GFIs1

as always - leaning out of the window

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  #2602 (permalink)
 GFIs1 
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Watch a quite possible development tomorrow and Friday:



GFIs1

as always - no trade recommendation

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  #2603 (permalink)
 GFIs1 
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If above scenario will happen - then some decent down will be highly possible.
(Of course - the contrary move up is also in view).
If the down move is on its way - then please watch January low 9314 exactly.
9266 is some support but no more.
Just one of the possibilities.

If Brexit is YES - then price moves
If Brexit poll gives a NO - then price moves too....

Things are complicated either way.

GFIs1

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  #2604 (permalink)
 GFIs1 
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is reality:

Pound lost 10% which means low like 1985.

NIKK lost 8,5%

Markets down. Looking at the opening of the Dax future.
GFIs1

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  #2605 (permalink)
 GFIs1 
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Dax future rallied last night to 10333

OPENING 9300

GFIs1

@ 8:00 CET

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  #2606 (permalink)
 GFIs1 
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GFIs1 View Post
If the down move is on its way - then please watch January low 9314 exactly.
9266 is some support but no more.

GFIs1


THERE WE ARE - 10% down!

GFIs1

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  #2607 (permalink)
 GFIs1 
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Totally out of normal moves here:
IB 30 min
Hi/Lo: 246 points
Op/Cl: 174 points
Volume 18292 contracts

No normal day - staying at the sidelines.

Good trades
GFIs1

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  #2608 (permalink)
 GFIs1 
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...I am trading I have never seen a 60min candle with a open/close of

315 POINTS

Think about!
GFIs1

PS: volume was 33569 contracts

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  #2609 (permalink)
 Evdl 
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And margins are up again. Initial margin for the fdax is now 28k

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  #2610 (permalink)
 GFIs1 
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Range of Brexit Friday was 492 points during cash hours...
This morning green opening with high vol of 11992 contracts.

Dax long 10:30 to 13:30 ***
entry @
exit @
result


IB vol high - high risk

GFIs1

*** 10:28 - trade will not be taken - a short Walzer is concurring at the same time!

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