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)
You are right - the flu infection kills mostly elderly persons as well as those that have severe medical problems.
If you see in Germany 3500 dead per year in the streets (lowest number since 2010) - the perspective is nearly back
GFIs1
Just fyi - Government of Switzerland has just announced that every event with more than 1000 people is forbidden from now as an exception rule to reduce contamination. Means no expos, no car show in Geneva, no carnival in Basel, no football with more than 1000 visitors, no sport events (ski marathon in the mountains with 15000 cross-country skiers...
This week with extreme volatility showed the some limits in both my systems / threads here. Fortunately I lost only some points this week following the written rules. As I like the vola there is a lack of one rule - the TAKE PROFIT rule. My entry and exit points were fine, just some intermediate peaks could not be taken.
It is said that in the DAX a very far limit of 5% movement (normally down) is seen when markets are very red. On Friday a slip to 5% to previous day close had been seen. My active trade went with it (more than 200 points) to just reverse and all the points were gone. So I decided to bring in one rule more for my system in this thread:
Take profit rule: when price change from last close to actual reaches 5% during the day (and I am in trade) then buy on short or sell on long - means closing the position omitting the end time rule.
With this very rare occasion I will at least profit from the high risk moment.
Hi @harry737
was just the Monday rule for high vola... - I mean better to cash in nearly 300 points without big risk in a short time than to expose the trade for a longer time plus the entry of US markets in the afternoon under incertainty.
Good trades
GFIs1
Totally agree, have been a long time follower of your thread, and with US and Europe having different strengths in the economy. I wonder if you ever ran the comparison of PNL for 1pm, and Europe close 5/4:30pm.