Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
edit 9:34 - DAX came down in IB lower than Friday range and low. IB hi/lo 235 points.
DAX 1h is in Kumo.
edit 10:18 - DAX will have a chance to kill Kumo south (@ 9376) from now on and not after 13:00
In these extreme times of vola +/- 120 points. Had seen last 10 days that a swing of over 100 points in one 30m candle could happen. Today and tomorrow the range is even wider. Because of the end of first quarter tomorrow.
If one is not aware of this then better to not take any trade.
Tomorrow will be the last of month, last of first quarter which means some price finding is in the markets. After tomorrow this will no longer take place. So we need to read the signs and be happy to get out some points.
Hi @bassa
Thanks for your question. As far as I can know this is the only journal here on fio with trades that are announced in advance with showing end time of every trade. For free...
This thread started in feb 2012. Now over 8 years covered with more than 4000 posts in this thread. In the beginning I was putting my SL settings in every post before taking the trade. Normally it was 30points. In special settings 40 points. You can find the posts (from the beginning to around 2018) to get the proof.
Of course we had endless discussions about when and how and why... a waste of time.
Today things are REALLY different. The markets are shaking all the traders with slim SL out. Means that there is no chance to ride the monster waves. Either one has the will to stay on the surfing board or has to watch things from the beach.
So my settings are different to those before at this high volatile time.
As I skipped this special element since a long time I will not get back to it.
Hope this helps for some understanding.
Good trades
GFIs1
