Thanks for input - I am trading the Dax more than 3 years - this makes it easier to follow the sometimes
In answering your question: I have some trading rules connected with every weekday - it does not matter
where the levels are - as I am only trading with these rules. The result shows at least some consistency ;-)
For the coming friday - I have no idea to where the journey goes...
The rule set looks for the first 30 minutes after the opening - so the entry time, exit time and SL
are fixed at 9:30 of any trading day.
Rules depend on the day itself (weekday), on the previous day - on eventual gaps, and on parts
of the Ichimoku chart plus on important upcoming announcements like ECB, FED etc.
Therefore I don't have one rule for every day but a set of rules depending on chart and events
as you can easily see when you look at past entry/exit times in this thread.
The following user says Thank You to GFIs1 for this post:
Thanks. I agree, but this is aiming for small profit and rather risky since this first wave is rather impulsive. The first wave is about to end soon I hope, and the peak of the 2nd wave could offer a less risky short. I believe the peak would come around 13:00 your time.
GFI, I honestly deeply appreciate your work. You need a lot of courage and discipline to put yourself on the line like that for all the world to see, almost each and every trading day for so long. I read almost every post in this thread and I can only say one thing: "chapeau". What I really like in this thread is your professional and positive attitude at all times. Keep the heads on approach. If you still need my vote - you have it.
The following 2 users say Thank You to Eyalor8 for this post: