DAX Futures June 2021 | Page 134 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

DAX Futures March 2021 3,900 replies

DAX Futures June 2020 5,691 replies

DAX Futures June 2019 3,138 replies

DAX Futures June 2018 3,411 replies

Dax Futures March 2016 148 replies

Attachments: DAX Futures June 2021
Exit Attachments

DAX Futures June 2021

  • #2,661
  • May 13, 2021 9:01am May 13, 2021 9:01am
They are burning all shorts..........
I call upon my father's spirit , watching over me
  • #2,662
  • May 13, 2021 9:06am May 13, 2021 9:06am
Quoting simnz
Today was my golden day. No complications or bumps while sliding and climbing up with no looking back. Used to have roller coaster rides of selling and buying and buying and selling constantly, no such thing happened. No way was given to re-enter while sliding. similarly no scope was left to re-enter while climbing. It was by pure luck I went by their design and told my brain to shut up. Time to slide: Just don't look back. Time to climb: Just don't look back.{image}
Happy for you Simnz, day as today could be a paradise or the hell for a trader!!!!
I call upon my father's spirit , watching over me
  • #2,663
  • May 13, 2021 9:08am May 13, 2021 9:08am
Quoting Brixen
{quote} 169 now closed 2 short
+3,5 pips x 2 FDXM=+7 pips FDXM
I call upon my father's spirit , watching over me
  • #2,664
  • May 13, 2021 9:09am May 13, 2021 9:09am
Quoting Brixen
{quote} 168 closed last one now
+4,5 pips FDXM

FLAT, and probably try to entr long on a decent retracement.....WHAT A DAY!!!!!
I call upon my father's spirit , watching over me
  • #2,665
  • May 13, 2021 9:16am May 13, 2021 9:16am
170 for 220 and then if 220 holds up to 280 zone....this is the game in place now.

But I had no balls to go long from 190 /200 zone for now.............
I call upon my father's spirit , watching over me
  • #2,666
  • May 13, 2021 9:25am May 13, 2021 9:25am
It was my golden day because I rode both down and up waves without getting greedy. Kept the portions of same size.
I was afraid if I get greedy I may run into margin problems if suddenly the market decides to switch roller coaster on.
Luckily no such thing happened and gains just for today are 7.5% and recovered drawdown of Tuesday 7.5%. Total gain in 1 day: 15% never seen such a gain
except during times of Brexit while trading GBPJPY.
I think it is due to luck that the brain obeyed me and I followed the market down and up taking profits constantly and entering again and again after losing space by 10 pips. The relay race continued.
Practice makes a person perfect
  • #2,667
  • May 13, 2021 9:25am May 13, 2021 9:25am
Quoting Brixen
170 for 220 and then if 220 holds up to 280 zone....this is the game in place now. But I had no balls to go long from 190 /200 zone for now.............
172 was triggered 1 DAX CFD min ago...we'll see if will fly to 222
I call upon my father's spirit , watching over me
  • #2,668
  • May 13, 2021 9:28am May 13, 2021 9:28am
Quoting Brixen
{quote} 172 was triggered 1 DAX CFD min ago...we'll see if will fly to 222
I have a strong feeling after putting scare into all put sellers now they will target call sellers.
15,400 is my feeling with no basis. In fact, no one can really have a basis unless he/she is from the billionaire's club.
Attached Image
Practice makes a person perfect
  • #2,669
  • May 13, 2021 9:43am May 13, 2021 9:43am
Quoting simnz
{quote} I have a strong feeling after putting scare into all put sellers now they will target call sellers. 15,400 is my feeling with no basis. In fact, no one can really have a basis unless he/she is from the billionaire's club. {image}
Day as today, it happens once a month, maybe 2 times.....last time was on 25 March.
So we are talking of exceptional day trade, probably tomorrow they will stay in quiet 100 pts range......

and Yes, after 400 pts rally last 5 hours, they made a great job....very difficult to catch in full for a day trader as me. I can only take one little piece of the cake.....
Attached Image (click to enlarge)
Click to Enlarge Name: BIGFIBO060521.png Size: 70 KB
I call upon my father's spirit , watching over me
  • #2,670
  • May 13, 2021 9:53am May 13, 2021 9:53am
1st recovery day after many free fall days for SEMICONDUCTORS and Nasdaq, that never hit on official session yd lows, is happy now!!!!
So all the deep red we saw on US Futures this morning was only a trap to scare markets, and to buy lower the most they can........
Attached Image (click to enlarge)
Click to Enlarge Name: SOX.JPG Size: 52 KB
I call upon my father's spirit , watching over me
  • #2,671
  • May 13, 2021 9:54am May 13, 2021 9:54am
Quoting Brixen
{quote} 172 was triggered 1 DAX CFD min ago...we'll see if will fly to 222
Approaching the 222 target , current 218.......
I call upon my father's spirit , watching over me
  • #2,672
  • May 13, 2021 9:56am May 13, 2021 9:56am
Quoting Brixen
{quote} 172 was triggered 1 DAX CFD min ago...we'll see if will fly to 222
232 closed now for +60 p DAX CFD=+12 pips FDXM

I guess I 'm done for today and probably for this week too.....
I call upon my father's spirit , watching over me
  • #2,673
  • May 13, 2021 10:41am May 13, 2021 10:41am
Quoting Brixen
{quote} 232 closed now for +60 p DAX CFD=+12 pips FDXM I guess I 'm done for today and probably for this week too.....
When you say pip on FXDM is that a tick ore a point?
Insanityoing same ting over expecting different results..Einstein
  • #2,674
  • May 13, 2021 10:55am May 13, 2021 10:55am
Quoting FXsniper111
{quote} When you say pip on FXDM is that a tick ore a point?
I haven't seen so far fractional price on FDXM from my Bank/Broker.
FDAX, FDXM and MICRO are all on same way, no fraction.

So when I talk 1 pip I mean 1 tick = 1 point. And I'm good this way.

Attached Image
I call upon my father's spirit , watching over me
  • #2,675
  • May 13, 2021 11:01am May 13, 2021 11:01am
DAX CASH INDEX official close for today was at 15199.

Attached Image (click to enlarge)
Click to Enlarge Name: DAX130521.JPG Size: 54 KB
I call upon my father's spirit , watching over me
  • #2,676
  • May 13, 2021 11:06am May 13, 2021 11:06am
Done my day in a classic rollercoaster day trade:ì+43+7,5+10+9+12+23+7+4,5+12=TOTAL +128 pips FDXM.

Attached Image (click to enlarge)
Click to Enlarge Name: ROLLERCOASTER.JPG Size: 83 KB
I call upon my father's spirit , watching over me
  • #2,677
  • Edited 11:22am May 13, 2021 11:07am | Edited 11:22am
Quoting Brixen
{quote} Day as today, it happens once a month, maybe 2 times.....last time was on 25 March. So we are talking of exceptional day trade, probably tomorrow they will stay in quiet 100 pts range...... and Yes, after 400 pts rally last 5 hours, they made a great job....very difficult to catch in full for a day trader as me. I can only take one little piece of the cake..... {image}
In view of your chart, I review my basis.
I think it will be a sideways market until tomorrow's option maturity capping at 14250.
Next week will start on a bright note.

I have exited all my Dax positions and have invested the proceeds into buying Spx Call options and financed by selling of put options. It requires margin because of Put selling is involved. I am reluctant to invest in Calls buying as an element of time decay is involved. By selling Puts of same strike price I have covered the risk of time decay.

Flat market or Bull market will benefit me. Bear market will harm me.

I am hoping while Dax twiddles its thumbs (consolidates) SPX might show good results for me.
I received premium of - 12.75 per contract and my target is to get out at -6.00 which means profit will be 50% by buying back the combo legs.
Expiry is on May 24 . I hope to exit at the earliest.
Practice makes a person perfect
  • #2,678
  • May 13, 2021 11:54am May 13, 2021 11:54am
Quoting Brixen
{quote} I haven't seen so far fractional price on FDXM from my Bank/Broker. FDAX, FDXM and MICRO are all on same way, no fraction. So when I talk 1 pip I mean 1 tick = 1 point. And I'm good this way. {image}
I belived 1 point was 2 ticks,25 dollar/tick,50 dollar point pr contract,I traded NQ futures on sim for a while and if i remember correctly that is....
Insanityoing same ting over expecting different results..Einstein
  • #2,679
  • May 13, 2021 12:12pm May 13, 2021 12:12pm
Quoting FXsniper111
{quote} I belived 1 point was 2 ticks,25 dollar/tick,50 dollar point pr contract,I traded NQ futures on sim for a while and if i remember correctly that is....
it depends on the market and contract. DAX CFDs i trade have 20 pips per point, so minimum tick is 0.05
XETRA spot dax has 100 ticks per point.
there are now three different futures contracts on the dax, but – i don't know if i'm correct here – they all have minimum ticksize of 1 point.
  • #2,680
  • May 13, 2021 10:01pm May 13, 2021 10:01pm
Quoting simnz
{quote} In view of your chart, I review my basis. I think it will be a sideways market until tomorrow's option maturity capping at 14250. Next week will start on a bright note. I have exited all my Dax positions and have invested the proceeds into buying Spx Call options and financed by selling of put options. It requires margin because of Put selling is involved. I am reluctant to invest in Calls buying as an element of time decay is involved. By selling Puts of same strike price I have covered the risk of time decay. Flat market or Bull market...
Actually, I should not have written the post on the this thread. Sorry, Brixen.

If you are interested in knowing the details of the ES combo options trade done, the reasoning, and the outcome, please go to this link.
https://www.forexfactory.com/thread/...7#post13537747
Practice makes a person perfect
0 traders viewing now