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GFIs1 1 DAX trade per day journal


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GFIs1 1 DAX trade per day journal

  #5941 (permalink)
 GFIs1 
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Legendary Market Wizard
 
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Thursday

Asia all red - Flop NIKK -1.85%%

Gold up @ 2027
btc$ up up @ 44001 !!

Numbers: EU Gross Domestic Product GDP 11:00
Speeches: none

DAX pre cash 7:30 @ 16618

Today a red bias

For the protocol: DAX (Index) made yesterday a new ATH @ 16.727

GFIs1

edit 8:50 - tomorrow Friday a bunch of numbers US 14:30 plus Michigan Consumer Confidence 16:00 (Inflation factor)

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  #5942 (permalink)
 GFIs1 
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Thursday trade

DAX short 9:30 to 17:30
entry @ 16619
exit @ 16637
result - 18 points

GFIs1

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  #5943 (permalink)
 ragic 
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Interesting to see the German data at (7amUK), industrial production lower than expected. There was then a nice upmove in the Euro..
I wonder, with ECB inflation virtually at 2% and an early rate cut being suggested, an even earlier rate cut may be on the cards to stimulate (German) growth, which is good for markets , hence the price move..

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  #5944 (permalink)
 GFIs1 
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Friday

Asia 5:1 green - Top Taiwan + 0.68 % Flop NIKK -1.4 % in total low vola!

Gold up @ 2029
btc$ down @ 43338

Numbers: Germany Consumer Price Index 8:00, US div. Working Numbers 14:30, Michigan Consumer Confidence 16:00
Speeches: none

DAX pre cash 7:30 @ 16663

Today a red bias

GFIs1

Summary: today the Friday rule did NOT work... Anyway - see following remarks:

edit 15:55 - good US employment numbers pushed the DAX to another ATH!
A double top had been vanished. within minutes...
So some battle @ 17k seems to be highly probable...

edit 17:35 - after hours review:: There is a new ATH @ 16783 peak (here) today.
Some wild next week(s) is /are welcome... :-)


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  #5945 (permalink)
 GFIs1 
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Friday trade

DAX short 9:30 to 16:30
entry @ 16657
exit @ 16687 (SL)
result - 30 points

With actual political problems in Germany we might see a battle @ 16k in the next weeks.

GFIs1

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  #5946 (permalink)
 GFIs1 
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Week 49 result

This week had 5 trades

Three positive: + 23 + 49 + 89 points
No neutral: 0 points
Two negative: - 18 - 30 points

Weekly result: + 113 points

GFIs1

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  #5947 (permalink)
 GFIs1 
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Some OUTLOOK to the next week

With a possibility to kill the 17k line - and how (with fantasy though):



GFIs1

Happy weekend!

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  #5948 (permalink)
 GFIs1 
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Monday

Asia 4:2 green - Top NIKK + 1.5 % Flop Hang Seng -0.41 %

Gold down @ 1998 (killed the 2k)
btc$ down @ 41955

Numbers: none
Speeches: none

DAX pre cash 7:30 @ 16784 - at the high of Friday - no gap

Today a green bias

GFIs1

Important Events and Numbers this week:

Tuesday: US Consumer Price Index CPI 14:30
Wednesday: FOMC & FED Interest Decision 20:00
Thursday: GB Interest Decision 13:40, ECB Interest Decision 14:15
Friday: Germany Triple Witch 13:00

With Triple Witch on Friday - ends this years strong volume in trading.
The last 2 weeks of 2023 will not influence the stock markets much.

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  #5949 (permalink)
 GFIs1 
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Monday trade

DAX short 9:00 to 15:30
entry @ 16761
exit @ 16759
result + 2 points


GFIs1

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  #5950 (permalink)
 GFIs1 
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Tuesday

ATH yesterday @ 16819 - 17k battle in reach!

Asia 4:2 green - Top Hang Seng + 0.54 % Flop Shanghai -0.07% (low vola)

Gold down @ 1987
btc$ down @ 41582

Numbers: US Consumer Price Index CPI 14:30
Speeches: none

DAX pre cash 7:30 @ 16834 - a gap up! (pre cash)

Today a green bias

Looks like the DAX likes my outlook from last Friday: up

GFIs1

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Last Updated on April 30, 2024


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