DAX Futures March 2020

New year and new journal for me as usual.
Luckily I have a good legacy from last rollover weeks (+1498 pips FDXM) and I hold 1FDXM long 13103 bought few minutes before Eurex 2019 year close.

My main aim this year is to try to accept some losses during my trades.
Basically my performances were good last years because losses are not allowed on my trading style, so my positions keep on fighting until potential losses will become gains. I'm aware that this is a dangerous behavior and one day I will pay for this, as happened a couple of weeks last years.
So I will try to introduce from time to time a classic fixed stop loss. Not sure that I'm able to put in practice these good intentions but I will try.

Seasonality on january last 20 years showed that DAX has a peak first days of the year and then it fades during current month.
We'll see if it will be the same on january 2020.

DAX Futures chart for today here below

Stop profit at 13203 (+100 pips) for my small FDXM position bought 13103 last year.
Target around 23../25..zone.
Eurex European open around 220 zone next 2 min.....

233 closed seconds ago for +130 pips FDXM.

I'm flat, but waiting 9CET candle to re-enter ...

195/205 zone crucial for next up move.....or could become resistance

New year cash injection for world markets on going........

250 zone now has become a new support zone, from red to blue levels.

What a difference make a new year......last 2019 minutes FDAX was at 13100, now after a couple of hours 2020, we stand +230 pips higher!!!!

330 short for 1FDXM seconds ago

DAX is catching up the US markets.

All above +0.5% now

additional short 35../380 zone

Last December days (specially last one) and first January days (specially the 1st one) always offer great chances to gain........

OK, closed at 327 now for +3 pips gain

December and August best month to trade..........
when they talk about low volumes, I always laugh: there's so much and exaggerate liquidity into the markets, excluded for rollover week!!!!!!

318 bought 1FDXM seconds ago

10:20 CET chart update_ slight above 300 zone and down 250/260 zones good re-entries zone in mho

closed now at 358

+40 pips FDXM

Time for a break now. I'll back in a couple of hours, before US session.
+173 pips FDXM gained so far today, a good start of new year and great action on the markets in place.