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Even my very optimistic SL (during strong volatility) did not work.
Anyway - we know that the main direction of the DAX is mainly south.
The intention for this trade was the counter-push within the day.
It didn't happen - no prob )
Looking forward to Wednesday...
GFIs1
addendum 10:15 - battle in the 30m Kumo - means a better starting point for my long
be aware: some volatility is on the table today!
Dax price during cash hour is on the quick way down.
Got one alarm to check the next 30m candle...
Well - lets see if we can harvest a new Walzer.
GFIs1
Well - not all rules sent green..
Just a try: DAX short
12:00 to 13:00
entry @ 11570
exit @ 11573 (first candle in false direction)
result -3 pts
No second leg
add 12:20 - DAX crossed the 200 mean line down
This is a alarm signal for recession
Has nothing to do with today's trade - but for the future development
Conclusion:
DAX is @ 200day line
Means a battle if resting above or not.
My conclusion: 200d line will not hold
A first sign of recession in Germany is on the horizon.
Yesterday a violent jump in the DAX was seen: Within 30 minutes from 15:00 to 15:30 the DAX made one up move with a hi/lo of 234 points!
Just because Potus sent a tweet to postpone extra taxes for different countries to December 2019.
Why the DAX reacted so violently is not known.
As long the iindex-price still is around 12000 we will see further volatility.
Be alerted.
Thank you @xplorer!
Happy to see you often watch and thanking my posts.
Indeed - to put up a trade - in advance - before taking it with open and closing TIME is a rare journal here.
Those who followed here for a longer time know about the "pattern trading" which is not easy to predict.
Have a wonderful afternoon and evening!
As a longtime follower you know that my trades here concentrate on Monday, Wednesday and Friday. Why?
All of those are moving days.
After my theory short time free money is flowing into the markets on Mondays - parked outside over the weekend (risk!), then first gains will be made on Wednesday. Finally money is flowing out on Fridays - you say it - to park it over weekend again.
Is not meant for stock holders - but for day traders, private or professionals who invest in futures and derivatives and are risk averse.
)
