DAX Futures Sept 2020 | Page 93 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

DAX Futures December 2020 4,555 replies

DAX Futures June 2020 5,691 replies

DAX Futures March 2020 2,084 replies

DAX Futures Sept 2019 2,374 replies

DAX Futures Sept 18 2,382 replies

Attachments: DAX Futures Sept 2020
Exit Attachments

DAX Futures Sept 2020

  • #1,841
  • Jul 30, 2020 6:18am Jul 30, 2020 6:18am
August may be a sideline time or a period in the real market Brixen given your current trading style and seasonality charts for August.
Attached Image (click to enlarge)
Click to Enlarge Name: BE12A176-AE35-4C4A-8251-74990762320B.jpeg Size: 122 KB
  • #1,842
  • Jul 30, 2020 6:39am Jul 30, 2020 6:39am
Quoting Brixen
{quote} 430 and 440 last shots : 1FDAX, 7FDXM and 7 DAX CFDs Something aorund 390/410 not more. Todays ettlemtn price on DAX Futures is the key for me for today and probably for next days.
470 zone now....I'm forced to close most positions intraday around their breakeven, to have more room on margin account.
I call upon my father's spirit , watching over me
  • #1,843
  • Jul 30, 2020 6:46am Jul 30, 2020 6:46am
492 now for Futures and 498 now for DAX CFDs:
closed both FDAX 460 + 5 FDXM 645,5
closed 19 DAX CFDs 476 + 5 DAX CFDs 619
I call upon my father's spirit , watching over me
  • #1,844
  • Jul 30, 2020 6:51am Jul 30, 2020 6:51am
Quoting Brixen
492 now for Futures and 498 now for DAX CFDs: closed both FDAX 460 + 5 FDXM 645,5 closed 19 DAX CFDs 476 + 5 DAX CFDs 619
+32 pips x 2 FDAX=+64 pips FDAX=+320 pips FDXM
-152 pips x 5 FDXM=-760 pips FDXM
+22 pips x 19 DAX CFDs=+418 pips DAX CFDs
-121 pips x 5 DAX CFDs=-605 pips DAX CFDs
I call upon my father's spirit , watching over me
  • #1,845
  • Jul 30, 2020 6:56am Jul 30, 2020 6:56am
525 now for DAX CFDs and 516 now for DAX FUTURES closed:
3DAX CFds 476 + 5 DAX CFDs 619
3FDXM 645,5
I call upon my father's spirit , watching over me
  • #1,846
  • Jul 30, 2020 6:59am Jul 30, 2020 6:59am
Quoting Brixen
525 now for DAX CFDs and 516 now for DAX FUTURES closed: 3DAX CFds 476 + 5 DAX CFDs 619 3FDXM 645,5
+49 pips x 3 DAX CFDs=+147 pips DAX CFDs
-94 pips x 5 DAX CFDs=-470 pips DAX CFDs
-130 pips x 3 FDXM=-390 pips FDXM
I call upon my father's spirit , watching over me
  • #1,847
  • Jul 30, 2020 7:01am Jul 30, 2020 7:01am
Now I have 27FDXM 645,5 + 13 DAX CFDs 619.
All positions are overnight, no intraday positions, and no FDAX positions....for now.
Margin account now is good.

But probably I will have my 1st week in loss after 40 weeks in a row in green.
I call upon my father's spirit , watching over me
  • #1,848
  • Jul 30, 2020 7:05am Jul 30, 2020 7:05am
DAX fragility took all of us by surprise. I was not expecting 500, let alone 4xx. This was a snowball effect for sure. There were signs yesterday that DAX was a little decoupled by the rest, but I did not give them enough importance to report.

Good thing is DAX cannot go alone so it has to correct.

Even if you take a hit, all that matters is the account and being profitable on average. You can recover in a few days/weeks.
  • #1,849
  • Jul 30, 2020 7:07am Jul 30, 2020 7:07am
Quoting Pip-Miner
August may be a sideline time or a period in the real market Brixen given your current trading style and seasonality charts for August. {image}
As you can see in the chart they started late July the free fall mode fro August month, and this year is the same......
only Brixen was not prepared for this downtrend, and even after I posted this chart 2 times last days!!!!!!!!!!!!!!!!!!!!
I call upon my father's spirit , watching over me
  • #1,850
  • Jul 30, 2020 7:12am Jul 30, 2020 7:12am
Quoting Caiuss
DAX fragility took all of us by surprise. I was not expecting 500, let alone 4xx. This was a snowball effect for sure. There were signs yesterday that DAX was a little decoupled by the rest, but I did not give them enough importance to report. Good thing is DAX cannot go alone so it has to correct. Even if you take a hit, all that matters is the account and being profitable on average. You can recover in a few days/weeks.
4 days ina row same range, same close for DAX CASH INDEX. That was the signal, DAX strict narrow range can't last for long, history says!
My Account for now is safe, I only give back current week gains for now, but it was in the cards and I have completely underestimated this wild horse after these 4 lethargic day trades.
Yes, I have until mid Sept to recover....let's see the glass half full Caiuss....
I call upon my father's spirit , watching over me
  • #1,851
  • Jul 30, 2020 7:14am Jul 30, 2020 7:14am
Quoting Brixen
Now I have 27FDXM 645,5 + 13 DAX CFDs 619. All positions are overnight, no intraday positions, and no FDAX positions....for now. Margin account now is good. But probably I will have my 1st week in loss after 40 weeks in a row in green.
490 zone now, 480 for Futures adding something, few positions
I call upon my father's spirit , watching over me
  • #1,852
  • Jul 30, 2020 7:16am Jul 30, 2020 7:16am
Long @ 12 514 Stop: -15 Target: 12 600
RULE 1: Trade what you see, not what you think.
  • #1,853
  • Jul 30, 2020 7:24am Jul 30, 2020 7:24am
Quoting Brixen
{quote} 490 zone now, 480 for Futures adding something, few positions
A couple positions added both CFDs and FDXM
I call upon my father's spirit , watching over me
  • #1,854
  • Jul 30, 2020 7:25am Jul 30, 2020 7:25am
Quoting MaverickV71
Long @ 12 514 Stop: -15 Target: 12 600
Inserted Video
I call upon my father's spirit , watching over me
  • #1,855
  • Jul 30, 2020 7:27am Jul 30, 2020 7:27am
For once I make the effort to post a call and of course get stopped out. News pending. Should know by now not have a position open with news pending.
RULE 1: Trade what you see, not what you think.
  • #1,856
  • Jul 30, 2020 7:31am Jul 30, 2020 7:31am
Quoting Brixen
{quote} A couple positions added both CFDs and FDXM
Now I have 29 FDXM 633,5 + 15 DAX CFDs 602,5.
I call upon my father's spirit , watching over me
  • #1,857
  • Jul 30, 2020 7:32am Jul 30, 2020 7:32am
Quoting MaverickV71
For once I make the effort to post a call and of course get stopped out. News pending. Should know by now not have a position open with news pending.
Or maybe stop too tight doesn't work for this wild horse, maybe...
I call upon my father's spirit , watching over me
  • #1,858
  • Jul 30, 2020 7:35am Jul 30, 2020 7:35am
470 zone now adding again 3+3 positions intarday both psoitions
I call upon my father's spirit , watching over me
  • #1,859
  • Jul 30, 2020 7:44am Jul 30, 2020 7:44am
Quoting Brixen
{quote} Or maybe stop too tight doesn't work for this wild horse, maybe...
On the contrary, the stop was too loose.

5 or so years ago FXCM published a report of their analysis of their customer's accounts, especially their profitable customers. What they found was interesting.

Their profitable customers, regardless of instrument traded, had a similar trade profile. No big losers, many small winners and losers, a few big winners that made up the bulk of the profits. Most people can not trade a system like that; their emotional mindset is not strong enough to keep going in the face of so many small losers. They won't be there to ride the big winners that make it all worthwhile.

I'm not afraid of all the small losers. I'm afraid of not being there for the big winners.
RULE 1: Trade what you see, not what you think.
  • #1,860
  • Jul 30, 2020 7:48am Jul 30, 2020 7:48am
There's nothing to be excited here.....no comment!
Attached Image
I call upon my father's spirit , watching over me
2 traders viewing now