My system is pattern based - with best entry and exit times. No other influence - taking just what the market gives.
Hence no targets... Plus normally no trade open when US begins to trade.
Of course I could put those steps into the rule plan. Just my "jump in and forget"-approach would have then much
more work - and also survey / screen time.
All that is omitted by taking just like today - the Friday rule.
GFIs1
The following 2 users say Thank You to GFIs1 for this post:
@Rugosoft
You were great to see a good take profit zone.
Now that 11491 was reached that would have given good points.
For sure it will be interesting, if the Dax will dive more. Not to
forget 13:00 little witch for October based derivatives.
My trade will end 13:30 as announced. By then the dices...
GFIs1
The following user says Thank You to GFIs1 for this post:
dax 1 put, 1st strike ITM; expiring next month is DAx put 11600 - 16Nov2018
at 9:30 is @ 220 (times 5 = 1100Euro)
at 13:30 was 220 (almost! .... ..... I missed checking out the precise quote, but looking at the put trade record it looks like it was just about 220 again)
Thank you. My fully automated DAX trading system took a first long position @11499. (Closed the shorts) This system is an overnight system, buying and selling fully automatically . So no real time screen time required. Only analysis screen time. It will buy more when the price goes lower that is not confirmed by more volume. Stops are by the opposite trade.
Thanks Rugosoft - Happy to see a fully automated trading system!
Even better when it works smoothly. KUDOS!
My system here is not easily programmed. The main point is the Ichimoku cloud in different chart times.
Plus the "looking back" as well "looking forward" on special situations like last of month, holidays, triple witch etc.
for choosing the right rule.
I wish you great results with your trades.
GFIs1
The following user says Thank You to GFIs1 for this post:
@GFIs1 you have done what many others never could and for that I commend you! Also for you consitent posting and honest responses to anything having to do with your method...and then some! lol.
You are a Champion....taking it down the High Road.
Respect!
All the best, cheers,
Johnny
The following 6 users say Thank You to Devil Man for this post:
Hi Rugosoft
I can recommend "Ichimoku Trading. Besser traden mit der Wolkenchart-Indikatortechnik". Only available in German.
The writer is a professional: Karin Roller - to be found on go-guidants.com
She has a blog every day which is well followed. Plus she shows her talents every second month in a different town
in Germany. Honestly I haven't seen her live. But her daily preview is worth to read in the morning (around 8am).
GFIs1
The following 2 users say Thank You to GFIs1 for this post:
Hi @GFIs1, thanks for the special mention, be assured that it is mutual. I will say strongly that I have found your words of wisdom and systematic approach to be always inspiring and usually better value than most of my own crazy schemes. I am not currently online most of the week but have planned my own far more systematic approach for next year - here's hoping I have learned something.
Best Wishes to you in all your endeavours and travels.
Cheers
Travel Well
The following 6 users say Thank You to ratfink for this post:
Many thanks for my long time followers @aquarian1 and @Devil Man for the nice compliments.
You were among the first readers of thread here. Most of the questions were welcomed. It
helped to think about things that were not in my thinking.
Therefore to have a solid journal (which of course brings up some criticism) helps tremendously
for one's own trading.
I only can repeat the phrase: "I recommend a own journal here on fio!"
Happy trading to you too!
GFIs1 - who will be of course around.
PS: Concerning my Walzer-Thread I will post the results of upcoming Walzer in the future.
Easy, as the Walzer signal is fully automated...
Looks like time is here - if vola gets higher again - to see more of this easy trading method.
The following 4 users say Thank You to GFIs1 for this post:
Short momentum is right now very strong.
Because of uncertainty:
• Italy balance
• US - troubling the world with future wars
• Germany - elections - this weekend in Hessen (Frankfurt) which might influence strongly Berlin (GroKo CDU/CSU/SPD)
• Interests that are rising quickly in USA - next important date: THURSDAY!
• Not very good outlook for the production numbers in Europe/US/China
Lower lows ahead very soon NEXT important Support to find @ 10350
Looks like this happens before end of year.
Some need to get rid of long positions?
Good trades!
GFIs1
The following 3 users say Thank You to GFIs1 for this post:
Well - the political move (Merkel stay as chancellor but quits as president of CDU) made the path
free for the rising DAX.
No problem so far - Wednesday - last of month - will do it too
The following 4 users say Thank You to GFIs1 for this post:
Midterm elections today...
Forex shows reaction before final results.
Dax on the down move.
Investors see some incertainty - there is plenty of down possibilities.
Tomorrow we get more clarity.
Hi guidoisot
Followed my rules - starte 11:30 the trade. Hopefully a second wave down might occur.
Obviously a bit later than previewed.
In fact the dive in the DAX this morning came from SAP (buying a US-company) which
has brought SAP down 4,5%. As SAP is the largest German company in the Dax INDEX
the movement was quite impressive.
Good trades
GFIs1
The following 2 users say Thank You to GFIs1 for this post:
A typical inside day - looking @ the daily chart of the Dax.
Tomorrow a nice short is on the plate - checking both - daily & 4h Kumo's.
Much space into direction "lower" - new low of the year soon possible.
Good trades
GFIs1
The following 3 users say Thank You to GFIs1 for this post:
Yeah - still the same strategy as used before.
In fact - just watching cash hour Dax Index with my rules instead of the more flippy future Dax.
Gave more stable results lately.
Just to make it clear: will stop my longtime journal here by the end of this year as announced.
But will still be playing with my daily GFIs1 Dax as well as my hi vola "Walzer" in the future.
Nothing will change - just my announced trades will no longer be here...
Bonne soirée
GFIs1
The following user says Thank You to GFIs1 for this post:
Monday range was 211 points - Start today with down gap:
Dax long 10:30 to 13:30
entry @ 11123
exit @ 11093 (SL)
result -30 points
GFIs1
PS: still shaky market - with short as next goals...
PS 2: Intention was good - SL setting too tight - direction finally as previewed. No problem so far. Next chances ahead
The following 4 users say Thank You to GFIs1 for this post:
Hi Guido
No matter - just trading after rule set. This doesn't look for last lows...
The rule today was for a down gap on a Tuesday. Which worked nearly - until the stop hunters entered...
GFIs1
The following 2 users say Thank You to GFIs1 for this post:
Watching a probable pattern of "double bottom" in the daily Dax I can see only very little possibility to reverse there.
Instead some lower lows are on the plate.
Because the Kumo (cloud) is thickening in the future which means more stable resistance on the upside:
Be aware of thanksgiving and a tricky Friday on the DAX this week.
Good trades
GFIs1
The following 3 users say Thank You to GFIs1 for this post:
another question, if I may? maybe next time you post a trade.
When you say kumo thickening do you measure it on the vertical of current bar? or at the end of the kumo 26 bars forward from current bar? thx
Easy: The kumo is most interesting at its end - means 26 bars forward.
Just don't take it for short time - but from 30m up - then it is very valid.
Just an add to the same kumo:
If the cloud on the opposite is horizontal (actual trading time) then price
will be attracted. Means with high possibility tearing price through the cloud.
Same in the opposite direction from top to down.
Happy time with Ichimoku!
GFIs1
The following 3 users say Thank You to GFIs1 for this post:
Just 2 points:
• End of month is normally important. Especially on the quarter endings to brush up the numbers
• The sideway movement in the last week(s) might have an end: the win of bears or bulls show the direction
GFIs1
The following 3 users say Thank You to GFIs1 for this post:
Of course the financial crowd is waiting for signals from Buenos Aires:
The chaotic start of the G20 meeting shows some very grey clouds at the horizon
while behind the curtains they were finalizing the *results* on the first day.
Many talks between the most heavy representing presidents had been cancelled.
Hopefully on Monday some direction might come visible to the rest of us
GFIs1
The following user says Thank You to GFIs1 for this post:
Dax made during cash hours a hi/lo of 316 points.
After the low some recovering far under 11k is at hand.
Cloud still far above in nearly any time frame.
Will be interesting for the Friday trade - as the normal rules will be given.
For sure the trade will start 9:30 as a normal Friday trade - we will see
where things are heading to. Exit foreseen 13:30. Direction opposite to
IB direction of 9 to 9:30.
Will not be online here - so the trade will be plotted later.
Good trades
GFIs1
The following 2 users say Thank You to GFIs1 for this post:
Normally NFP numbers do not much influence the DAX - as they are on Friday and come out 14:30h European time.
By then a normal trade here had been closed already.
Will be interesting, how the FDAX-trading during the Asian-session will affect the FDAX. At least the High/Low of the day will be different and the Gaps will be smaller.
The following 2 users say Thank You to tr8er for this post:
Not very bright signs at the horizon for world markets.
This influences the DAX most as the big production in Germany is strongly exported.
Looking back some years in the daily chart we get some hints where the travel might go.
First thing to mention is that the bears have more weight.
Things like Brexit, like rising interest rates, like more weapons with less climate goals etc.
bring the indices down - all because of certainty decreases - and markets react in advance.
Here my chart with two goals within the next 12 to 18 months:
Make the best out of it! Good trades
GFIs1
The following 3 users say Thank You to GFIs1 for this post:
Gap down over the weekend - influenced from USA and Asia trades before Europe opening.
Dax was indecided up during IB as the breaking news came in that GB may do a self decided exit
or cancel the origin decision. Came from the European court... So the price reversed to down.
Trade here: short from 10:30 to 13:00
entry @ 10697
exit @ 10739
result -42 points ---> price movements not as awaited..
GFIs1
PS: Be aware of last ECB decision taking place coming Thursday!
The following 2 users say Thank You to GFIs1 for this post:
ECB did not change much - except stopping to buy bonds by end 2018 which was announced earlier this year.
ECB has a bond collection worth more than a trillion Euro...
• normally the week before Christmas gives some valuable points
• 3rd Friday (here 21st) is triple witch - just before the weekend (attention!)
• The week after Christmas is a very short one - thus NO trades here!
As I will finish this journal thread - the last trade might being taken on 21st:
3 trades on Monday, Wednesday, Friday are ahead.
By then the yearly results are given as well.
Happy weekend
GFIs1
PS: the GFIs1 Hi/Lo thread (Walzer) will be supported in 2019. But no longer
as a signal (before taking a trade) thread. Just to sum up automated trades
taken by the system to see how volatile times may give some very interesting
positive results with normally low risk.
The following 8 users say Thank You to GFIs1 for this post:
Next week again triple witch on (3rd Friday) @ 13:00h for the DAX.
Will not be so relevant: not much vola foreseen as the December rally happened reverse...
Last Dec trade on Wednesday - first March19 future trade on Friday.
Good trades
GFIs1
The following user says Thank You to GFIs1 for this post:
FED tonight 20:00h, triple witch Friday 13:00h, tendency down until end of year...
Dax short - probably breaking out of trend channel on the down side - 9:30 to 15:30
Trade still on Dec18 contract (last trade with this contract, switching to Mar19 on Friday)
Looking back to my post from Dec. 10 where I showed my glimpse on 2019 we get some insight and learn about interesting points of how to read an Ichimoku chart properly:
There are really only few very important points:
1) to see price wading through the Kumo (cloud) properly - ALWAYS - if NOT the cloud stops further development
2) see pattern of 1-2-3 attempts to wade through... normally it is on 3rd. And Kumo needs to be horizontal on top for a (before) short price going long --- and vice versa
3) as long the (future) Kumo is still with both lines going in the same direction - price will not cross Kumo
Have a look onto the actual chart - the development is like said 2 weeks ago - and the proof is within this chart:
Hope this helps
GFIs1
The following 6 users say Thank You to GFIs1 for this post:
As announced here the statistics of trades since inception of this thread.
Beginning with the interesting day results. For longtime followers it is clear that the first years I took a trade every day during the week. Later I dropped Tuesday and Thursday as they were not consistent before optimizing. Of course these results are only for THIS system:
From the plot we can see that Fridays were best in 2018!
Now to the different weeks. I packed all years cumulated weeks into one chart - all from my vast result sheet(s):
Only 13 weeks of 52 gave negative results over time. The rest was positive. Green weeks with much better average result than the negative ones.
Conclusion:
This system worked nicely during the last 7 years - even with many rough periods and very different economy base.
GFIs1
The following 15 users say Thank You to GFIs1 for this post:
Be aware of markets diving at least for the next 6 to 12 months.
Reasons are insecure politics, wrong forecasts (see Apple) - more to come, Brexit, USA household,
US-China war, military overspending and much more...
Stay tuned and alerted on longer trades.
GFIs1 - with sunny smiles
The following 6 users say Thank You to GFIs1 for this post:
OH YES!
The GFIs1 daily trade is no longer announced @ this place.
Some overlook in special situations (like today) will have a place in this thread
as it does still sort of "journal" the 30m view.
My point of view will be based on a clear easy to read chart.
Just a look @ the DAX first half of January. Mostly sideways...
but then - watch the chart:
Level was around 10900. On Tuesday a nearly breakout to the up on entry.
Things came back to the same level.
Today the DAX started with an up gap in the morning and made a rally over 11k,
actually 11150.
As the overall view is short - this could mean a bull trap for lower prices.
Background still a) US trade war, b) GB Brexit, c) rising interest on US side and no
followers..., d) Year 2018 numbers will come out very soon - the best companies
early - all others later until March.
So beware of longtime decisions.
GFIs1
The following 9 users say Thank You to GFIs1 for this post:
Looking back to my post from Dec. 10 where I showed my glimpse on 2019 we get some insight and learn about interesting points of how to read an Ichimoku chart properly:
There are really only few very important points:
1) to see price wading through …
Of course it went as previewed - got ino Kumo on 4th (3rd real touch) from south to north (not finished yet). Watch here the daily Dax and compare with upper linked post:
Ichimoku as its best - one can really use it - even on different time frames.
Happy trades!
GFIs1
The following 5 users say Thank You to GFIs1 for this post:
Getting back to the down scenario mentioned in previous post here an update to the facts. Interestingly just ONE daily candle went through the limiter line given from the Ichimoku cloud. And this candle was the real reversal for the next trading days - amazing, isn't it?
Get here the latest update with the previewed direction and speed (angle of the price-line):
GFIs1
The following 4 users say Thank You to GFIs1 for this post:
It is Friday the last - The Dax already on a down trip which will certainly continue:
Dax short 9:30 to 16:30
entry @ 11737
exit @ 11716
result 21 points
GFIs1
The following 4 users say Thank You to GFIs1 for this post:
Not so bad to get a result of 98 points in two trading days - over the weekend - and - over month's end.
In effect this is 2450 Euro per contract.
Looks like the my DAX rules are still in best form!
Happy trades
GFIs1
The following 4 users say Thank You to GFIs1 for this post:
