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DAX Futures March 2021

  • #2,101
  • Feb 3, 2021 3:43am Feb 3, 2021 3:43am
Quoting Brixen
Shorts just placed above and well above 900 zone. 950 zone strong resistance before psychological 14k. Probably 2nd day in a row with a gap up (845) for DAX CASH INDEX at 9CET.
What is your thinking behind setting zones?
Any ADR calculation? Or some other methodology
Practice makes a person perfect
  • #2,102
  • Feb 3, 2021 5:16am Feb 3, 2021 5:16am
900/870 zone stopped for now the spike down from below 14 k zone. US ADP Job data next excuse to move markets at 14:15CET.
Always open yd gap, official gap, around 850 zone. DAX CASH INDEX chart here below.
Attached Image (click to enlarge)
Click to Enlarge Name: DAXM30.png Size: 30 KB
I call upon my father's spirit , watching over me
  • #2,103
  • Feb 3, 2021 5:39am Feb 3, 2021 5:39am
Quoting simnz
{quote} What is your thinking behind setting zones? Any ADR calculation? Or some other methodology
1. we had a 2nd strong gap in a row at the Eurex European session at 8CET this morning.
2. then we had an huge rally from 13300/380 zone since last thursday/friday, so a little bit stretched and stressed rally in only 3 days.
3. 950/970 zone was always a strong zone to overcome when tested from below and it is a key level as showed by DAX CASH INDEX chart here above.
4. I had no balls to go long from 900 zone for 14k target, but I felt they were ready to shoot up prices around there.
5. I shorted softly slight above 900 zone but in more aggressive way from 950 and above, but I had more bullets waiting at 14k and above on worst case scenario.
6. I always reduced at 1st decent retracement some positions, so in this way I had a decent profit, a decent control of my entry price and additionals orders.

NO ADR calculations for me...for now.
In the end, it's easier to manage positions going well as this morning, but it's crucial to be able to manage postions when things go wrong.
I call upon my father's spirit , watching over me
  • #2,104
  • Edited 6:25am Feb 3, 2021 5:43am | Edited 6:25am
Quoting Brixen
{quote} Target hit, but breakeven was hit before....... 888 now bought 1 DAX CFD
I always hold 1 DAX CFD bought 888 with some additionals as previously indicated.
Probably we'll go on this sleeping mode until US data and session.

Luckily nearly 20° here and sunshine all around, 1st early spring signals are coming.......
Attached Image (click to enlarge)
Click to Enlarge Name: Trmt1.JPG Size: 87 KB
I call upon my father's spirit , watching over me
  • #2,105
  • Feb 3, 2021 6:38am Feb 3, 2021 6:38am
88,,zone placed FDXM buy order, current 899....
I call upon my father's spirit , watching over me
  • #2,106
  • Feb 3, 2021 7:02am Feb 3, 2021 7:02am
Crucial zone, slight below current prices.......reversal or another rebound? US will tell us....I'm ready for both scenarios.
Attached Image (click to enlarge)
Click to Enlarge Name: DAXM30.png Size: 22 KB
I call upon my father's spirit , watching over me
  • #2,107
  • Feb 3, 2021 7:13am Feb 3, 2021 7:13am
Quoting Brixen
88,,zone placed FDXM buy order, current 899....
887 just triggered 1 position
I call upon my father's spirit , watching over me
  • #2,108
  • Feb 3, 2021 7:18am Feb 3, 2021 7:18am
Quoting Brixen
{quote} 887 just triggered 1 position
stop at be on break 900 zone, 1st decent target 92..93..zone
I call upon my father's spirit , watching over me
  • #2,109
  • Feb 3, 2021 7:40am Feb 3, 2021 7:40am
Quoting Brixen
{quote} 887 just triggered 1 position
903 closed now FDXM
I call upon my father's spirit , watching over me
  • #2,110
  • Feb 3, 2021 7:43am Feb 3, 2021 7:43am
Quoting Brixen
{quote} 903 closed now FDXM
+16 pips FDXM

I'll go on only with my DAX CFD 888.
No more FDXM orders until prices will hit 85.. or 99..zone.

Addtionals DAX CFD buy orders as previously indicated, 87..until 83..zone.
+162 pips FDXM gained so far today, no need to take useless risks on FDXM for now.
I call upon my father's spirit , watching over me
  • #2,111
  • Feb 3, 2021 7:45am Feb 3, 2021 7:45am
Quoting Brixen
{quote} 1. we had a 2nd strong gap in a row at the Eurex European session at 8CET this morning. 2. then we had an huge rally from 13300/380 zone since last thursday/friday, so a little bit stretched and stressed rally in only 3 days. 3. 950/970 zone was always a strong zone to overcome when tested from below and it is a key level as showed by DAX CASH INDEX chart here above. 4. I had no balls to go long from 900 zone for 14k target, but I felt they were ready to shoot up prices around there. 5. I shorted softly slight above 900 zone but in more...
Thank you.
Practice makes a person perfect
  • #2,112
  • Feb 3, 2021 7:58am Feb 3, 2021 7:58am
Quoting simnz
{quote} Thank you.
I forget this good point, taken from Latin poet Virglio, 70 b.c.-19 b.c...........
Attached Image (click to enlarge)
Click to Enlarge Name: Audentes1.JPG Size: 77 KB
I call upon my father's spirit , watching over me
  • #2,113
  • Feb 3, 2021 8:18am Feb 3, 2021 8:18am
Quoting Brixen
{quote} additionals from 87..zone down until 830/840 zone
872 triggered 2nd DAX CFD buy order now
I call upon my father's spirit , watching over me
  • #2,114
  • Feb 3, 2021 8:18am Feb 3, 2021 8:18am
Quoting Brixen
{quote} 872 triggered 2nd DAX CFD buy order now
I have now 2 DAX CFD 880....for now
I call upon my father's spirit , watching over me
  • #2,115
  • Feb 3, 2021 8:19am Feb 3, 2021 8:19am
Quoting Brixen
{quote} I have now 2 DAX CFD 880....for now
865 added now
I call upon my father's spirit , watching over me
  • #2,116
  • Feb 3, 2021 8:22am Feb 3, 2021 8:22am
Quoting Brixen
{quote} 865 added now
I have now 3 DAX CFDs 875.

Always open yd gap at 845.
I call upon my father's spirit , watching over me
  • #2,117
  • Feb 3, 2021 8:27am Feb 3, 2021 8:27am
Quoting Brixen
{quote} I have now 3 DAX CFDs 875. Always open yd gap at 845.
874 now out for 1 position
I call upon my father's spirit , watching over me
  • #2,118
  • Feb 3, 2021 8:28am Feb 3, 2021 8:28am
Quoting Brixen
{quote} 874 now out for 1 position
I have now 2 DAX CFD 875. Additionals always there, specially 85..83..zone. There's a chance they could go down until 790/810 zone, where I will probably shot some FDXM in any case. We'll see, now the ball is in NEY YORK......
I call upon my father's spirit , watching over me
  • #2,119
  • Feb 3, 2021 8:30am Feb 3, 2021 8:30am
Quoting Brixen
{quote} I forget this good point, taken from Latin poet Virglio, 70 b.c.-19 b.c........... {image}
Fortune favours the brave I guess.
  • #2,120
  • Feb 3, 2021 8:34am Feb 3, 2021 8:34am
Quoting handy148
{quote} Fortune favours the brave I guess.

If you do not take risk you can't gain....I know, I know , sometimes are exaggerated risks, that's my fault, I'm aware and I have to working about it.
I call upon my father's spirit , watching over me
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