6 Workhours from 3.00 am till 6.00 am (no trades from 4 till 5), from 10.00 am till 12.00 am and from 1 pm to 2 pm
FDAX Trades: expecting a trend after 3.00, 3.55 am, 5.00 am,10.20 am, 11.12 - 12.00 am, 1.00 - 1.30 pm and 3.15 pm
after 2.45 am open: same as yesterday after 10.40: up move, down trend
after 2.45 am open: same as yesterday after 10.40: up move, down trend
- 2.45 am long
- 3.05 am short
- 3.17 am short
- 3.34 am long
- 4.50 am short
- 6.05 am long
- 7.56 am long
- 8.47 am short
- 9.35 am long
- 9:58 am short
- 10.22 am long
- 10.43 am long
- 11.05 am short
- 11.28 am long
- 4.01 am long
- 5.53 am long
- 8.27 am long
- 9.00 am long
- 10.01 am long
- 10.25 am long
- 10.30 am short
- 10.45 am long
- 11.05 am short
- 11.51 am short
- 1.00 pm long
- 1.34 pm short
- 1.50 pm long
Looks like we could go down today also... if that's confirmed, then we could see 6003.
ReplyDeleteLet's see how the market behaves until 3am.
up up to 6170 (high of yesterday) like it did last thursday.
ReplyDeletebtw great trades from you yesterday, how did you know that in the morning the short and the long trade would be the most profitable trends of the day?
I was expecting all kinds of trends (after FOMC) but only chop happened.
I think you rely more on your feeling, where as I still need some kind of guidance when trends will happen, thats why I write this blog, to basically remind me when to look for trends...
I am still trading too much 7 hours in front of the computer is not good, i have to trade like you: picking the biggest two trends and then let the market alone :-)
Micro and macro both looked short yesterday, so I went in. At first I didn't know we will have that strong selloff, but once we were going down, I just stayed in until I got a signal we might turn around.
ReplyDeleteAnd once we were down at 6034, I saw that macro was turning around and that means we should be heading higher. When I got a confirmation signal from my indicator, I knew it's time to go long big time.
At this point I'm still waiting to see what might happen today. Macro is still rather short, but we'll see how high we will go before turning around. If I don't get a different signal from the market first.
Would you agree that trading the dax in the morning is generally more profitalbe due to lower volatility at the entry point and longer trends?
ReplyDeleteAaaaaabsolutely! :-)
ReplyDeleteI rarely enter a new trade just before (during or after) the US open. It's way too volatile and riskier. I love trading the EU session (will only continue during the US session when we're moving towards one direction all day long).
By the time U.S. opened yesterday, I was 100 km away from home and waiting on line to see a important basketball game. And no regrets of leaving the market. :-)
Your right, I will try to skip the US session. My long target is now the 6137 camarilla H3 or even higher, but we will see, I just trail my stop and let the market decite, later on I think we will have again a sell off...
ReplyDeleteYup.. I'm targeting 6135 right now.
ReplyDeletethank god i used a stop and reverse stop loss, I am short now :-)
ReplyDeletebut still thinking wee need to go a bit more higher before the real sell off starts...
ReplyDeleteHaven't been in front of the screens a lot today. Had a short earlier (was waiting to close it on 6080 to get 40 points, but finally exited at 6095). Then entered a small long position and now I'm just letting it ride. If we come down a bit, then I'll just cash in my profits and will wait to see what happens tomorrow. :-)
ReplyDeletewell 6 hours later we finally hit 6170 :-) see tomorrow, next thursday i try to only trade only till 6 am make a pause and then trade again after 10.20 am, its way to choppy on thursday...
ReplyDelete