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DAX Futures December 2020

  • #3,941
  • Dec 7, 2020 8:56am Dec 7, 2020 8:56am
Quoting Hripako
{quote} A fairy tale ! Thank You Brixen ! Green pips for You ...and me
Yes, it's beautiful to watch as a landscape, but when you are blocked inside your house it's not so pleasant....
as I wrote yd, I don't know when I'll come back to my native town due to Covid restrictions, so for now I have only pics from my friend there...!
I call upon my father's spirit , watching over me
  • #3,942
  • Dec 7, 2020 9:02am Dec 7, 2020 9:02am
Quoting Brixen
{quote} 231 triggered now
254 closed right now
I call upon my father's spirit , watching over me
  • #3,943
  • Dec 7, 2020 9:02am Dec 7, 2020 9:02am
Quoting Brixen
{quote} 254 closed right now
+24 pips FDXM
I call upon my father's spirit , watching over me
  • #3,944
  • Dec 7, 2020 9:08am Dec 7, 2020 9:08am
Done my day:+8-0,5+14,5+28,5+3+6+17+9+24=TOTAL +109,5 pips FDXM.

Tomorrow is Holiday here, I'm not sure I will trade or not...it depends on price action early morning, otherwise AMEN.
It's getting darker earlier here, December days are so fascinating for many reasons......
Inserted Video
I call upon my father's spirit , watching over me
  • #3,945
  • Dec 7, 2020 9:44am Dec 7, 2020 9:44am
Quoting Brixen
{quote} 20 years seasonality DAX here below showed that a sharp dip on 2nd week December always been a good entry for year end rally. History repeat itself, maybe this year it's different, maybe yes, maybe not.....we'll see. No matters what DAX is doing, I only need volatility my friend, it's like oxygen for me! {image}

I think your probably right there , i was just looking at the daily correction and it seems to have made a 3 leg correction on h4 and broken back above the support the correction had taken out but a bit more of a push up would be more convincing to me, not doubt that will happen
Follow The Markets Structure - Patience and Discipline
  • #3,946
  • Dec 7, 2020 2:04pm Dec 7, 2020 2:04pm
Quoting pipfarm
{quote} I think your probably right there , i was just looking at the daily correction and it seems to have made a 3 leg correction on h4 and broken back above the support the correction had taken out but a bit more of a push up would be more convincing to me, not doubt that will happen
DAX likes to flirt & play sensible price levels, often with false break and sudden recovery of the previous range.
So often DAX rebound strongly after hit those levels, but when it breaks, it breaks hard for hundreds and hundreds pts, in fast and sharp way!
Probably when you posted this morning, you saw this potential danger break down.....maybe it's only a question of time. We'll see next.

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I call upon my father's spirit , watching over me
  • #3,947
  • Dec 8, 2020 12:31am Dec 8, 2020 12:31am
Hi Brixen, long time not see, how are you doing? I'm back to your thread again with some new perspective.. Take a look on the screenshot attached, triangles upon triangles under monthly Vwap, should be broken upwards? At least looks like that. But with Dax we never know !
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  • #3,948
  • Dec 8, 2020 1:30am Dec 8, 2020 1:30am
Probably usual market mover for today here below.....
Coming days mean tomorrow or even next week.......
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Luckily for US there are other vaccine manufacturers , specially Moderna that is US based.....
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German ZEW data 11 CET today another excuse to push prices where they want.....
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I call upon my father's spirit , watching over me
  • #3,949
  • Dec 8, 2020 1:35am Dec 8, 2020 1:35am
Quoting meowflying
Hi Brixen, long time not see, how are you doing? I'm back to your thread again with some new perspective.. Take a look on the screenshot attached, triangles upon triangles under monthly Vwap, should be broken upwards? At least looks like that. But with Dax we never know ! {image}
Hi Meowflying. are you doing in beautiful Asia? Happy to see you here again, I guess last time was during lEuropean summer...are you trading?

What you mean with new perspective?

I have some mid term ideas on DAX (look at 20 years seasonality chart showed yd) but better do not think too much and fall in love with any idea here....
As you know I trade step by step, level by level, little by little........
I call upon my father's spirit , watching over me
  • #3,950
  • Dec 8, 2020 2:02am Dec 8, 2020 2:02am
Probably I will not trade today, cause it's holiday here, Catholic Church holiday.
Anyway I'm ready to jump in if prices will retest again yd lows, more or less.

US SP500 shows a potential double top at 3700, but it could be only another trap to squeeze more shorts, we'll see.

BigBoys, specially US, are doing their job with rollover futures these and next hours/days, so most of the intraday market moves are driven by this topic.
Those games are not for us humans, we only must follow the tide, without thinking or asking too much, imho.

For today 230/280 the same strict range as yd.
I call upon my father's spirit , watching over me
  • #3,951
  • Dec 8, 2020 3:01am Dec 8, 2020 3:01am
Quoting Brixen
{quote} I have some mid term ideas on DAX (look at 20 years seasonality chart showed yd) but better do not think too much and fall in love with any idea here.... As you know I trade step by step, level by level, little by little........
I took a quick look, Dec 16 ~+8%, Dec 17 it went down slightly, Dec 18 ~-8%, Dec 19 sideways.
Dec 20 ... -0.3%. What does that tell us? No idea.
It could be worse.
  • #3,952
  • Dec 8, 2020 4:37am Dec 8, 2020 4:37am
In few words: the announcement of the imminent vaccine approvals makes financial market experts look to the future with more confidence. The ZEW economic expectations rose significantly in December despite the still high number of new infections with Covid-19.

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I call upon my father's spirit , watching over me
  • #3,953
  • Dec 8, 2020 4:42am Dec 8, 2020 4:42am
Quoting Mighty7
{quote} I took a quick look, Dec 16 ~+8%, Dec 17 it went down slightly, Dec 18 ~-8%, Dec 19 sideways. Dec 20 ... -0.3%. What does that tell us? No idea.
These are only stats, take it CUM GRANO SALIS.
Then on 20 years data you can find any data you want. But the average is an average so it shows what happened on average at least 3 times on 5........

For now better look at current range 230/280......boring and never ends range!
I call upon my father's spirit , watching over me
  • #3,954
  • Dec 8, 2020 5:37am Dec 8, 2020 5:37am
Hi Brixen, I have been trading short with DAX since the morning, I think the zone @ 180 - 200 is in sight, from where I think they will decide whether the price will test at 13000 or they will try the top .... Let's see .... cheers!
The loss - I forbid!
  • #3,955
  • Dec 8, 2020 8:02am Dec 8, 2020 8:02am
Maybe this is interesting for someone.

I checked the D1 Gaps for the last 5000-7000 D1 candles for some future assets,
because I wanted to know if there is a statistical gain in trading Gaps.

@DD=FDax, 5298 D1 candles, 5040 Gaps, 2542 Gap Days closed in Gap direction what is 50.4%.

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It could be worse.
  • #3,956
  • Dec 8, 2020 1:13pm Dec 8, 2020 1:13pm
Barcelona v Juve tonight although I will probably watch Chelsea.
  • #3,957
  • Dec 8, 2020 2:03pm Dec 8, 2020 2:03pm
Quoting handy148
Barcelona v Juve tonight although I will probably watch Chelsea.
Just back home just before the curfew hour, today was a Holiday,a day off for me and my family.

Frankly Handy I don't like friendly match, I mean all Champions groups tonight are already done, excluded the Leipzig vs Man Utd match tonight.
So I'll watch Red Devils game in Leipzig!

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I call upon my father's spirit , watching over me
  • #3,958
  • Dec 8, 2020 2:08pm Dec 8, 2020 2:08pm
Quoting Hripako
Hi Brixen, I have been trading short with DAX since the morning, I think the zone @ 180 - 200 is in sight, from where I think they will decide whether the price will test at 13000 or they will try the top .... Let's see .... cheers!
I hope you took profit at 200 zone today from your shorts, cause they strongly reacted from that zone.

Again when wild horse hit sensible levels, it could reacts in sharp way and squeeze most positions....history repeat itself.
I call upon my father's spirit , watching over me
  • #3,959
  • Dec 8, 2020 2:17pm Dec 8, 2020 2:17pm
Quoting Mighty7
Maybe this is interesting for someone. I checked the D1 Gaps for the last 5000-7000 D1 candles for some future assets, because I wanted to know if there is a statistical gain in trading Gaps. @DD=FDax, 5298 D1 candles, 5040 Gaps, 2542 Gap Days closed in Gap direction what is 50.4%. {image}
As you know I take into account only DAX CASH INDEX daily gap, I mean 9-17:35CET official Index.
Nowadays DAX Futures with their extended hours have only 3 hours break (22-01CET) while a decade ago FDAX started at 9CET (as the main Index) and closed at 20CET. So gaps are becoming rare.

As I wrote some days ago, there is a gap open since 21 February at 13490 zone........you know a gap can stay open for days, weeks, even years, but this one could be a magnetic attraction, specially if they are not able to go down 13200 zone. We'll see...
I call upon my father's spirit , watching over me
  • #3,960
  • Dec 8, 2020 2:18pm Dec 8, 2020 2:18pm
Quoting Brixen
{quote} Just back home just before the curfew hour, today was a Holiday,a day off for me and my family. Frankly Handy I don't like friendly match, I mean all Champions groups tonight are already done, excluded the Leipzig vs Man Utd match tonight. So I'll watch Red Devils game in Leipzig! {image}
Bad start for Red Devils in Germany.......

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I call upon my father's spirit , watching over me
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