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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

 
 
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 podski 
Belgium
 
Experience: Intermediate
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Capture



looks like even the Eurex website is down ... at least from here ..

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 GFIs1 
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Wednesday

After a indecision yesterday with erratic moves some directive move today awaited.
As we speak of Wednesday normally short that will be to test.
Tuesday Hi (10826) / Lo (10646) was 180 points.
Perfect setup for movements 8:20 - DAX down into 30m Kumo.

GFIs1

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Wednesday trade

DAX started beyond yesterday's range with a down gap. Came back into the range and then down.
IB hi/lo 124 points:

DAX short 9:30 to 13:00
entry @ 10575
exit @ 10471
result 104 points

GFIs1

goal 10312 in this run (maybe tomorrow)

edit: 10312 reached 15:00
well left some points on the table - but for a rarely used rule still a ok trade

MORE DOWN because of negative US numbers... ...we can guess why

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Thursday

As previewed - a normal Thursday sideways day.
Might change after 14:30 (US) - this will give a hint for tomorrow's direction.
Tomorrow is small witch day of April.

Good trades
GFIs1

edit after cash hours:
indeed the first hour from 14:30 gave a clear down signal... (upper KUMO thick and blocking)

NEXT goal for Friday: 9866

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 GFIs1 
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Friday

the Thursday down had ended after hours... to long: witch day in sight
Friday morning the after cash hour price has jumped up to 10661 (7:30)
which is 324 points up...

The down scenario from yesterday has vanished. A typical move before
witch days when futures have to end not to far from the goal to protect
losses for the futures traders.

GFIs1

edit 8:44 - witch price of the DAX might tend to 10466 for 13h - we will see

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Friday trade

DAX short 9:30 to 14:30
entry @ 10666
exit @ 10706 (SL)
result -40 points

GFIs1

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Weekly result

This week had 3 trades:
One positive + 104 points
two negative -61 -40 points
Weekly result 3 measly points

Have a great and sunny weekend!
GFIs1

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Monday

7:30 DAX @ 10712 means same price as closing of Friday after hours.
Some support from Kumo 60m until 16:00 (price is above K).
As we see an eventual double top - price might get down starting this week.
Asian indexes slightly above 0.
WTI crude on new lows <$15 this morning.

Good trades
GFIs1

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 tr8er 
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Is the EUREX down again?

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 podski 
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nope

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Last Updated on April 30, 2024


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