DAX Futures Dec 18

OK, closed now at 305 last FDXM 265,5

+39,5 pisp FDXM=+8 pips FDAX

FLAT and deleted all orders, I get what I wanted and I'm done for today.

Tonight Big match in Manchester, and CR7 (ex Man Utd player ) will face POGBA (ex Juventus player).

Done my day:+27-1+6-2+2+18+5+8+8=TOTAL+71 pips FDAX.

Brixen -I have dipped into this thread a few times but I cannot find the approach or method of trading. Do you have a PDF buried among your files that I have missed ?
Apologies if I have missed the post explaining your trading approach.

It's not easy to explain my way of trading. Pipfarm, a great trader here, called "CHAOTIC WAY", good definition because at the end it's a mix:
1. let's say a small part of technical with some levels I calculate and show here early morning and old classic FIBO levels, but often I don't trade in that way,
but I take into account.
So for instance today I've understood that 375 FIBO ZONE could become resistance and not support and so I exit fast from longs
and I have slowly added on long side waiting for a decent rebound to close or reduce my long positions.
2. Then I have a good capitalization on my side, thanks to my previous gains in last years, but I try to use only a 10/20/max40% of my capital,
otherwise I feel nervous and not so fast and patience,as I try to do in most of my trades. This will help to go overnight sometimes when I am in trouble or
to reduce(longs)/increase (shorts) my average entry price when I have bad positions in place. Time often will help to exit from these bad positions.
3. I have my daily/weekly/Quarter pips target and when I get, I stop to trade. I'm not a trading addicted. I have to run a whole family with this job.
4. I focus only on 1 financial instrument, 100%. No distraction allowed. DAX FUTURES are enough to build something solid in your life or to destroy your life.
I talk about football, trips , motorsports or food only when I'm out of trades.
5. No indicators or EA on my side. In mho they works all or most at the same way, with a lot of human interference. Anywa I'm working for something different and reliable to help my job with some friends here on FF.
Probably I will change my way of trading next weeks/years with the help of some of these tools I'm working for when I get older than now and probably not so fast ,
also because it's too stressful for me.
6. I have latin blood but German head (Brixen is 40 KM, from Austrian border). This probably is good mix when I trade this wild horse, sometimes I need brave and impulsive actions while then I need rational and patience brain. I know Germans way of life and how they think in different situations.
7. I'm totally disenchated about trading. This could seem a video game to make easy money, but I know how Big Sharks play their cards, and how they could become dangerous and wild in some fast and irrational moves, especially after boring market phases.
Then Stop loss hunters are vultures around poor traders crying for their mistakes and their accounts.

Sorry to don't give you smart indicators, EA or smart technicals to trade. I'm a naive trader and so far this way is working.
Good luck for you and for me!

Brixen
Thanks for taking the time to make such a long and detailed post. I shall peruse it at my leisure. So pleased no smart indicators or smart technicals are involved. What you have written is very helpful indeed. Food -I still remember my first apple strudel in Austria many years ago - I said I have no Austrian money, only English pounds. "That will do" the waiter said. Happy days :-)

You have touched a weak point for me.......Apple Sud Tyrol Strudel is my favourite dessert, I'm totally crazy for it....

but because of my latin blood, my 1st main course is this....to eat mandatory in front of the sea!

BACK TO TRADING for a while now:
275 zone should be be today EUREX settlement for FDAX.
So above that zone market will probably move up, while below.........

OK, good Champions League games for all football fans here!

OK, let's start from Athens, Greece

I should have traded above 275.....current 415!!!!!!!!!!

YES you should!

NQ & DOW are launched again.

NQ from -3.0% to +0.25% The best moves you can trade.

Juve have started very well and they have some good players missing through injury as well.

this morning I wrote in my post: "No distractions at all when I trade"....I was distracted by Champions League and I missed a great chance......

Juve missed too many chances in 1st half.....I guess Mourinho will scream to his players and 2nd half will be different.

At the moment it's just all too easy for Juve.

too good to be true.
Juve almost perfect, excluded chances to score missed, and Red Devils totally out of game!
It may be different in 2nd half.

What a very very good team Juve are.

And tomorrow night we have PSV v Spurs and Liverpool v Red Star.

My plan for tomorrow:
19 CET: PSV vs Spurs
21 CET: Barcelona vs Inter on TV + Paris Saint Germain vs Napoli on PC....

Hey handy during Champions League night FIBO ZONE 375 held at the close......