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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #4861 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,933 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,588

2022 Week 1 result

This week had 4 trades
one negative - 28 points
three positive + 124 + 46 + 99 points

Weekly result + 241 points

Yearly result + 241 points


GFIs1

edit: Trading ONE car (€ 25 / contract) the result is € 6'025. Deduction upon provider. Not bad for ONE WEEK.
Comparison with the very good 2021: Gain per week was 76,5 points over the whole year.

Happy Weekend!

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  #4862 (permalink)
 GFIs1 
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Monday trade

Battle @ 16k again - Kumo above price @ entry

DAX short 9:00 to 16:30
entry @ 16002
exit @ TP - reached 16:14 @ 15766
result 236 points

GFIs1

edit 10:35 - a possible TP is sitting @ 15766
edit 14:00 - movement on track: the TP if showing up will be taken prior to time trade

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  #4863 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
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Tuesday trade

DAX long 9:00 to 16:30
entry @ 15904
exit @ 15904 (SL) @ 15:12h
result 0 points

GFIs1

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  #4864 (permalink)
redgreen
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GFIs1 View Post
Tuesday trade

DAX 9:00 to xx
entry @ 15887
exit @
result

GFIs1

short or long?

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  #4865 (permalink)
 GFIs1 
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Tuesday

Asia nearly all red. Replayed the red day that started in Europe yesterday
btc$ after a slip yesterday is crawling up again on lower levels (42k$)

Numbers - none of importance

Speeches 11:20 ECB Lagarde
US 16:00 Powell's hearing in the Senate which was postponed from December

DAX started within yesterday's range in the green like this index made end of the day.
Has a window to get thru Kumo north - so a long is given.

GFIs1

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  #4866 (permalink)
 GFIs1 
who cares
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Wednesday

Asia all green: Hang Seng +2,4%, NIKK + 1.9%
btc$ slightly up to 42k

Numbers: US Consumer Indexes year & month 14:30

Speeches - none of importance

DAX came out of 30m Kumo (window) as foreseen - but later in the day price weakened. After cash hours a move up killed the 16k again for a short time. Today we will see the battle @ 16k again on the opening.

GFIs1

edit 8:35 - DAX crawled out of 1h Kumo (price @ 16063) and is with gap up in the green run. A correction thereof is probable

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  #4867 (permalink)
 GFIs1 
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Wednesday trade

DAX short 9:30 to 14:30
entry @ 15991
exit @ 16001
result -10 points

GFIs1

edit 9:32 - the gap up to yesterday is now closed
edit 14:03 - if we want to see a "W"* in the DAX - then price must get back to 15954. Waiting for it
* means higher prices from here
The "W" will be fulfilled when price gets down to 15954, the goal is 15936

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  #4868 (permalink)
 
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 homerus 
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Hello GFIs1,

I noticed this short had a MAE of approximately 60 points, did you use an alternative stop for this trade?



GFIs1 View Post
Wednesday trade

DAX short 9:30 to 14:30
entry @ 15991
exit @ 16001
result -10 points

GFIs1

edit 9:32 - the gap up to yesterday is now closed
edit 14:03 - if we want to see a "W"* in the DAX - then price must get back to 15954. Waiting for it
* means higher prices from here
The "W" will be fulfilled when price gets down to 15954, the goal is 15936


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  #4869 (permalink)
 GFIs1 
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homerus View Post
Hello GFIs1,

I noticed this short had a MAE of approximately 60 points, did you use an alternative stop for this trade?

Hi homerus

Thanks for the question - you are totally right. Wednesday normally short. But still as mentioned several times the DAX is in the battle zone of 16000 which seems often seen in the last time.
In such moments when markets in Asia and America are totally different in the direction - the DAX has a "no direction attitude". Yesterday I just took the trade after my rules. The SL was set wide enough and wasn't touched. Instead the loss was not that big finally. Looking back to the Monday trade I am still in the green

GFIs1

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  #4870 (permalink)
 GFIs1 
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Thursday

Today I did take a trade* - the markets in Asia were really thin, the battle around 16k in the Dax and no news as well as a thin Asia market today are not good for larger points.

Finally tomorrow the first yearly results will be presented in USA. So the season (nearly 2 months) will show the direction. 2021 was a year with very positive markets - so I will staying tuned to see the development of the DAX this year.

GFIs1

edit 14:45
* Upon my special rules** entry was 9:30 and will end 17:30 - LONG. As I had in the start no access to fio it started 9:30 @ 15989.
** What is integrated in this rule? First the price is within 30m Kumo. Then the IB was green (long), second we are in a sideway's move, and third we have a battle: when the day starts green at the battle line - this gives a long trade until end of day - after we have seen IB's result.
This trade will give a final result - but will not count here as my announcement was late:
Ended in SL on entry - 0 points...
Price is now in 4h Kumo again (south) which illustrates some pressure on the stocks as the 16k line is again the scene of the battle.

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