GFIs1 1 DAX trade per day journal (Page 98) - Trading Journals | futures.io
futures.io futures trading
 

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Trading Journals


GFIs1 1 DAX trade per day journal
Started:February 18th, 2012 (07:46 AM) by GFIs1 Views / Replies:263,393 / 2,762
Last Reply:9 Hours Ago (04:28 AM) Attachments:173

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


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, and we will never resell your private information.

-- Big Mike
     

Reply
 173  
 
Thread Tools Search this Thread

GFIs1 1 DAX trade per day journal

Old September 22nd, 2013, 12:03 PM   #971 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received


CurtisS View Post
I have read the entire thread and developed an interest in trading this system. I wanted to find out the entry and exit rules based on statistics about historical FDAX or DAX data....

Hi Curtis

My trading plan is based on the weekday statistics of the DAX. The entry and exit times instead have several
extra rules - based on Ichimoku Kumo, based on Gaps, based on special events like holidays, triple witch,
and of course news..
Then there are some spots on stops (sic!) and on volume.
All together should result in a positive gain.

So do not let you lead by statistics only.

Good trades
GFIs1

Reply With Quote
     

Old September 23rd, 2013, 04:28 AM   #972 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received

Monday trade

Today a short from 09:30 to 14:00

Good trades
GFIs1


...stopped out -
direction is ok - but on Monday difficult without retracing


Last edited by GFIs1; September 23rd, 2013 at 06:26 AM.
Reply With Quote
     
The following 2 users say Thank You to GFIs1 for this post:
     

Old September 27th, 2013, 04:31 AM   #973 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received

Friday trade


Today Dax short 09:30 to 13:30

entry @ 8664
exit @ 8641
result +23p


GFIs1


Last edited by GFIs1; September 27th, 2013 at 08:30 AM.
Reply With Quote
     
The following 2 users say Thank You to GFIs1 for this post:
     

Old September 27th, 2013, 06:03 AM   #974 (permalink)
Elite Member
prague, czech republic
 
Futures Experience: Intermediate
Platform: NT7, MT4
Broker/Data: LMAX
Favorite Futures: DAX, Gold, Euro
 
xelaar's Avatar
 
Posts: 1,514 since Feb 2013
Thanks: 1,724 given, 2,588 received


GFIs1 View Post
Today Dax short 09:30 to 13:30

entry @ 8664



GFIs1

Good one, but stop? I had a short at 65.0 with 10 ticks stop but bailed too early on it.

Trade to live. Not live to trade.
Reply With Quote
     

Old September 27th, 2013, 06:14 AM   #975 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received

Futures Edge on FIO

Are you a NinjaTrader user?

 
Hi @xelaar

My stops on these Dax trades over several hours are quite often tricky with stops.
The best setting I found is 33 points when Dax is over 8000 and 30 points when
Dax is under 8000.
It does work over the longer time period.

Good trades!
GFIs1

Reply With Quote
     
The following user says Thank You to GFIs1 for this post:
     

Old September 28th, 2013, 06:54 AM   #976 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received

Week 39 result

This week had 3 trades

Two negative with SL each 33 points
One positive +23 points
Weekly result -43 points

Result since week 2: plus 778 points

GFIs1

Reply With Quote
     
The following 2 users say Thank You to GFIs1 for this post:
     

Old September 30th, 2013, 04:36 AM   #977 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received

Monday trade

Dax short 09:30 to 13:30

entry @ 8586


GFIs1

Reply With Quote
     

Old September 30th, 2013, 06:04 AM   #978 (permalink)
Elite Member
Frankfurt, Germany
 
Futures Experience: Beginner
Platform: MetaTrader
Favorite Futures: EUR/USD
 
Posts: 3 since May 2013
Thanks: 2 given, 0 received


GFIs1 View Post
My trading plan is based on the weekday statistics of the DAX. The entry and exit times instead have several extra rules - based on Ichimoku Kumo, based on Gaps, based on special events like holidays, triple witch,
and of course news.. Then there are some spots on stops (sic!) and on volume.

So do not let you lead by statistics only.

So far, I have found out the following:

If you enter short on Wednesday at 9:30 a.m. and exit at 2:00 p.m. then you would have lost 53 % of trades between September 2006 and today (SL is 33). Other entry and exit times do not change the result much.

If you enter short only if the price at 9:30 a.m. is in the upper half of the opening range (price between 9:00 and 9:30) the result is still not positive.

I am aware of the no trade rules "previous day range not larger than 150 points", "2-day range not larger than 200 points", "futures expiry days", "news days", "holidays", "low volume days". I can't believe that these additional rules are the essential ones for making this system positive.

Can you point me further in the right direction, like "if the previous day was a down/up day and the current session opening range between 9:00 and 9:15 is broken towards the upside at 9:30, then the Wednesday rule is to enter short"?

Thanks for your support.

Reply With Quote
     

Old September 30th, 2013, 07:09 AM   #979 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received


CurtisS View Post
...

Can you point me further in the right direction, like "if the previous day was a down/up day and the current session opening range between 9:00 and 9:15 is broken towards the upside at 9:30, then the Wednesday rule is to enter short"?

Thanks for your support.

Hi Curtis

Thanks for backtesting wednesday.
The rules for the weekdays are not very complicated - but the wednesday rule set is complex.
If you look back in my journal just on wednesdays you will find >90% of the trades were short ones.
And the entry and exit time are very variable:
There are sets of 10:30 to 13:00, 9:30 to 15:30, 11:30 to 13:00 etc. depending on where the starting
30 minute candle is staying (some Kumo Rules here mentioned) - and there is even a long rule for 10:30 to 13:30.
The full rule set I can not reveal here.

One essential thing to point out is: The IB (30min) candle is the direction setter - depending on the weekday.
There is no "intra" 30min. rule here - just the plain 30 minutes.

As you see - with this rule set(s) there is no easy backtesting.

GFIs1

Reply With Quote
     

Old October 2nd, 2013, 04:28 AM   #980 (permalink)
Market Wizard
Switzerland
 
Futures Experience: Intermediate
Platform: Investor/RT
Broker/Data: IB / DTN
Favorite Futures: Futures
 
Posts: 3,553 since Feb 2012
Thanks: 3,087 given, 6,194 received

Wednesday trade


Today short 09:30 to 15:30

attention: EZB announcement 13:45h CET

Tomorrow "Tag der Deutschen Einheit" - closed!

GFIs1

Reply With Quote
     
The following user says Thank You to GFIs1 for this post:
     

Reply



futures.io > Futures Trading, News, Charts and Platforms > Trading Journals > GFIs1 1 DAX trade per day journal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

NinjaTrader 8: Features and Enhancements, Tips and Tricks

Dec 6
 

Al Brooks: Stop Losing when a Good Trade goes Bad, Correcting Mistakes

Elite only
 

Trading Technologies: Algo Design Lab hands-on

Dec 13
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
DTs Day Type Journal DionysusToast The Elite Circle 49 August 17th, 2015 11:13 PM
Journal of a Nifty Day Trader psb1967 Trading Journals 11 February 7th, 2014 09:22 AM
10% per day, video journal Ryanb Elite Trading Journals 80 March 3rd, 2013 03:25 AM
Emini's Swing trade v day trade kctpac Index Futures Trading 0 March 1st, 2011 10:32 AM
Using DAX to trade the ES - better than volume trendisyourfriend The Elite Circle 40 July 13th, 2010 12:31 PM


All times are GMT -4. The time now is 02:16 PM.

Copyright © 2016 by 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

Page generated 2016-12-07 in 0.13 seconds with 20 queries on phoenix via your IP 54.204.247.205