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GFIs1 Dax BIG MOVE Swing Trade Approach


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GFIs1 Dax BIG MOVE Swing Trade Approach

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  #41 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
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Broker: IB / DTN
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Posts: 5,172 since Feb 2012
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Looks like we are in the winning zone again...

..Right now some points in the plus - there is enought possibility to
reach 7400+ soon!
So we stay still awaiting some winning points here.

GFIs1

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  #42 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
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Both contracts are in the positive zone.
As expecting a new peak in the DAX by the end of month out of the daily chart
discussed in the other GFIs1 thread - the positions will be hold til' october 30.

Happy trades!

GFIs1

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  #43 (permalink)
Legendary Market Wizard
Switzerland
 
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Could not sell the positions in that negative zone end of october.
Today we are back in the break even region.
Expecting another upmove next week after US election (risk of
uncertainty is over). So a new TP has to be calculated by then.
The bigger picture shows still good support underneath and a
new high is highly probable.
The red arrow shows the path of price making higher highs
in the next 10 days.



GFIs1

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  #44 (permalink)
Legendary Market Wizard
Switzerland
 
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We have seen Dax price falling and climbing into a deep valley in November.
Now - after starting this trade end of September hoping to see bullish scenario which did not happen,
today the trade is 130 points in plus totally (with the two cars) and sees some year end rally probability.
These longer moves since the start last August have given +500 points. Compared to the daily Dax trade
total of 1'000 points not bad - but with a much greater risk as no stop loss had been set.
Looking forward to see this trade to sum up the total here.

GFIs1

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  #45 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
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Posts: 5,172 since Feb 2012
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Looking at the results here -five trades are closed and two longs are still open:



The move at the end of the year - at least this year was for a "buy and hold" strategy very successful.
One can always bet to set money on the last quarter of a year on rising stocks and indizes. The probability
seems to be more than 50% for the long side.

If a trader has not much time for successfully day trading every day - a strategy to rest at the sideline
during the year and to profit from the last 3 months of the year and even taking some more risk during
that period looks positive.

GFIs1

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  #46 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
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Broker: IB / DTN
Trading: Futures
 
Posts: 5,172 since Feb 2012
Thanks: 5,211 given, 10,786 received

Closed the two longs now @ 7595.
Might target higher prices - but in 10 days the rollover will happen - so cashing in
with a nice gain looks not too bad ;-)

First long @ 7406 - exit 7595 gave 189 points
Second long @ 7288 - exit 7595 gave 307 points
Total for this trade: 496 points

Total points since first trade of august 23rd: plus 884

GFIs1

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  #47 (permalink)
Legendary Market Wizard
Switzerland
 
Experience: Intermediate
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Broker: IB / DTN
Trading: Futures
 
Posts: 5,172 since Feb 2012
Thanks: 5,211 given, 10,786 received

After closing the two longs - we get a final result for the ~ 3 months playing with the DAX
with a maximum of 2 cars:



This is the last trade on this test for this year - so the points collected are not too bad for
that short period.
Still thinking of large drawdowns in November - we had not set a SL - the outcome was very
good - but capitalization was needed for overnight margin and max. drawdown of two cars
was quite high during November.

GFIs1

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  #48 (permalink)
Legendary Market Wizard
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Experience: Intermediate
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Go for the better

As my BigMove Swing Trade Approach on the Dax had been replaced starting January 2013 -
two new threads are established now. The reason is that movements on the DAX are very
different to movements in the ES. So are the according rules.

These rules are in both threads on the two instruments here

Main thread for the DAX:


Main thread for ES mini:


Have a look into and any comments are always appreciated!

Good trades
GFIs1

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May 13, 2013


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