DAX Futures June 2019

No fireworks tonight...maybe they had enough for today.....

My trading style is highly risky. And it needs high capitalization trading account.
Knowing these things I've taken some counter measures:

1. FDXM instead of FDAX, so risks are reduced from 5 to 1;

2. Most trades are for overnight positions. In this way I try to mitigate my potential intraday losses. Futures Trading now is following in extreme way the intraday logic, almost every day. But even the Sharks when are short needed some rally to short higher and viceversa, often the days after, so I will take the chance on overnight positions to exit with slight losses or even at breakeven when time comes.

3. Anyway during the day I try always to exit with losses (possibly slight losses) when I’m on the wrong side. I don’t wait too much before I start to close with some losses part of my postions. My money mgmt is driven only by my mind (I liked Math & numbers at school/University) and I understand very well that when I add a losing positions I have to exit in some ways part of this position as soon as the price improve in my favour. And Yes, volatility is very important for me because I suddenly calculate potential max recovery of bad position, taking into account the volatility increase.

4. I take into serious account my levels. I mean today they broke 12100 but 12040 was not touched.
It was a signal that they were only searching to buy lower. And there was no specific news about it.
Last week the same: they went down from 12k till 11860, but they didn’t touched 840, previous lows.
Anyway I know very well that there's no exact science here....

5. with some help of some friends here I’m trying to become more rational and less impulsive on my trading style, but it’s not easy for me, specially when I got 65 weeks in a row without losses and with good gains last years.

Having said that I want add that I’m not proud of my trades/gains and I don't recommend to follow my trades to anyone.
I only try to do my best to mitigate the weak points I have with some new rational points I will try to introduce day by day.

Probably I spent too many words but I hope I have at least in part replied to your questions.

Good luck for you, for me and for all traders here, specially for those who run a whole family only with this job, as me.

Went to Foligno in May two years ago - very hot - I loved the heat. Are you saying it is colder this year at this time ?

Italy May 2019 coldest May in last 62 years....last time was in 1957.
Then taking into account that in mid-March there was the snow in Naples and Sicily too...

FDAX chart for today: fasten seat belts, probably another rollercoaster trip today.
European open will be around 100. I will force myself to go long only from above 110 or above 040......we'll see later.
8CET : German GDP
9:30CET: German Flash PMI (well below 50 since march)
10CET: IFO German data.

080 zone, just before 040/050 zone as fragile support, yd my longs from 080 saved my positions.....

075,076,077 I'm in for 3FDXM

064 + 065 Added now

I have 5FDXM 071,5...for now

I think Dax will hit 12437 today in a hurry and 12065 just printed could be the low of the day.

@Detto - now that is a bold prediction.

No dreams here! Only cruel reality!This is not a videogame or playstation!

090 till 110 resistane where I will close most or all positions. Additional orders 04. Till 02. Zone

Yes Brixen - Detto's "12437 in a hurry" would be just a dream for me. Not sure what he is seeing on his chart that I'm not.

047 triggered 2FDXM seconds ago

I have 7FDXM 064,5

076,077 and 078 out for 4FDXM right now

+12,5 pips x 4FDXM=+50 pips FDXM

Now I have 3FDXM 064,5

036 added now 1FDXM
I guess they want see 980/020 zone ...