GFIs1 1 DAX trade per day journal - futures io
futures io



GFIs1 1 DAX trade per day journal


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one GFIs1 with 3,574 posts (8,538 thanks)
    2. looks_two ratfink with 83 posts (146 thanks)
    3. looks_3 CPRICE76 with 72 posts (29 thanks)
    4. looks_4 xelaar with 69 posts (95 thanks)
      Best Posters
    1. looks_one choke35 with 2.5 thanks per post
    2. looks_two GFIs1 with 2.4 thanks per post
    3. looks_3 ratfink with 1.8 thanks per post
    4. looks_4 xelaar with 1.4 thanks per post
    1. trending_up 676,214 views
    2. thumb_up 9,817 thanks given
    3. group 218 followers
    1. forum 4,705 posts
    2. attach_file 348 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • 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 and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

GFIs1 1 DAX trade per day journal

(login for full post details)
  #811 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received

This week had 2 trades

One neutral trade 0 points
One positive trade plus 52 points (left some points on the table here)
Weekly total 52 points
Points since week 2: plus 424 points

GFIs1

PS: as mentioned - no trade on Monday (US memorial day)

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:

Can you help answer these questions
from other members on futures io?
Running two strategies on one chart; Has anyone done it …
MultiCharts
Exiting BTC with a Cash and Carry Premium Arbitrage
Traders Hideout
nas100
Crypto Futures
TOS plotting horizontal line for open in renko chart
ThinkOrSwim
Alternative to Mcginley Dynamic MA
Sierra Chart
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Vinny E-Mini & Algobox Review TRADE ROOM
77 thanks
Would you share your Holy Grail?
57 thanks
Spoo-nalysis ES e-mini futures S&P 500
31 thanks
EURUSD M6E/6E Euro
20 thanks
new Emini hours problems!!!
10 thanks
 
(login for full post details)
  #812 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received

It is incredible to see the volume(s) on the indizes when US markets (plus GB market) are closed:
On the DAX we have around 13:30 less than 20K Dax futures traded...
For a normal day a volume of 100 to 130K is previewed.
Conclusion: there are MORE traders from outside DAX related countries that trade the future.
Be aware of this misproportion and avoid days with very low volumes!

GFIs1

after cash hours - lousy < 32'000 contracts

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #813 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received


Dax short 11:30 to 15:30

entry @ 8394

exit @ 8355

result plus 39 points

risk - medium

outlook - wednesday down drift

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 5 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #814 (permalink)
 Itchymoku 
Philadelphia
 
Experience: None
Platform: corded black telephone
Trading: ticker tape
 
Posts: 2,893 since Apr 2012
Thanks: 1,683 given, 3,676 received

Hey, I've been subscribed to this journal for a few months and I can say with confidence that I believe you are consistent considering where you've started despite the draw-downs. Just out of curiosity, I was wondering if you trade for a living outside of the trades documented in this journal? (trading more volume and or trades per day?) I apologize if I haven't spotted where you've stated this in your journal or other threads you've had, I just find your journal to be very consistent day in and out compared to other journals on this forum.

R.I.P. Joseph Bach (Itchymoku), 1987-2018.
Please visit this thread for more information.
Reply With Quote
The following user says Thank You to Itchymoku for this post:
 
(login for full post details)
  #815 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received


Itchymoku View Post
Hey, I've been subscribed to this journal for a few months and I can say with confidence that I believe you are consistent considering where you've started despite the draw-downs. Just out of curiosity, I was wondering if you trade for a living outside of the trades documented in this journal? (trading more volume and or trades per day?) I apologize if I haven't spotted where you've stated this in your journal or other threads you've had, I just find your journal to be very consistent day in and out compared to other journals on this forum.

Hello @Itchymoku

Thanks for following and your nice words - I am trading several approaches and discuss different instruments here.
But only trading the Dax as I find to have more experience with that one. I do trading when on my 1 trade per day
basis only as previewed. So there is no stop moving or interfering with the exit time manually. It might be on several
days better to take profit earlier - but measured with screentime or with automatic execution the here discussed task
had been ok for me.
There are other approaches like the HiLo discussed in the other thread but this means higher margins (right now
20k EUR for one Dax future overnightwith IB) and of course this means higher risk too.
Both approaches are well together as the bigger picture influences always the intraday decisions.
The two systems are scalable so I am free to stack up ;-)

Good trades
GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #816 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received

..not much movement expected. There are numbers (US BIP 1st quarter) in the afternoon.
Tomorrow we have the last trading day of May plus a friday - which means high volume
and hopefully some volatility.
Looking for tomorrow

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following user says Thank You to GFIs1 for this post:
 
(login for full post details)
  #817 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received

Dax long 9:30 to 14:30

entry @ 8325

exit @ 8353

result plus 28 points

risk - medium

outlook - strong initial balance of 69 points - volume not so high - expecting crawling back here before US numbers

GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 3 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #818 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received

Looks like we have some good volume now but a battle above 8300. So the "crawling back"
mentioned in last post is having a hard time
My estimation of today here:



GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:
 
(login for full post details)
  #819 (permalink)
 ratfink 
Birmingham UK
 
Experience: Intermediate
Platform: NinjaTrader
Broker: TST/Rithmic
Trading: YM/Gold
 
ratfink's Avatar
 
Posts: 3,651 since Dec 2012
Thanks: 17,422 given, 8,407 received


GFIs1 View Post
Looks like we have some good volume now but a battle above 8300

Yes, its a good battle spot, from here are EW patterns for much lower (c8075) or much higher (c8700.) The usual POMO suspects know it too, ES is currently in short extensions, they need it back over 48.50 and then 54.50 to defeat the short setups and force a consolidation before higher again. Otherwise under last weeks lows they lose for a while and maybe in style.

Travel Well
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to ratfink for this post:
 
(login for full post details)
  #820 (permalink)
 GFIs1 
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
Platform: Investor/RT
Broker: IB / DTN
Trading: Futures
 
Posts: 5,676 since Feb 2012
Thanks: 5,468 given, 11,971 received


This week had 2 trades:

2 positive trades of 39 + 28 points
Weekly result 67 points
Points since week 2: +491

Great weekend
GFIs1

Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 2 users say Thank You to GFIs1 for this post:


futures io Trading Community Trading Journals > GFIs1 1 DAX trade per day journal


Last Updated on October 20, 2021


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts