DAX Futures September 2021

That's OK!
Happy for your gain, while I have to wait for my target ...for now.

He was good in everything,
In 1970 WORLD CUP Italy had one of best team ever, one of the best defense ever, and he scored 2 goals, all alone into the box, even 1 goal by head.
He was not so high as Kane or CR7, but he was extremely good in technical, fast , smart, always on the move, a real danger in every minute for the opposite team.

Italy won many WORLD CUPS and EURO CUPS, but I can't remeber a player, a forward as Gerd Muller, maybe Paolo Rossi, but Muller played many years at highest levels. His team can played 1-9-1 with him.......

Oh yes, I remember Rossi well. He too died, of course a lot younger than Müller about a year ago if memory correctly. He was great too!

Klose has the highest national goal tally for Germany, he passed Müller just at the end of his spell with the German National team but he played twice as many games.

DAX FUTURES chart here below updated just before US official session: it seems they want go up but overall scenario is fragile on both sides, long and short.
No real decent push both for logs and shorts.......

Yes, Klose.
He was the King of Rome for LAZIO for 5 seasons in a row. Great player.
And a great gentleman too.

I have shifted to wild horse Nasdaq 100 for some time until DAX becomes a regular horse.

Only a sportsman or an adventurer or entrepreneur can succeed in this job.

DAX40 on 1st September might shake things up a bit.

His erratic and wild nature will not change, imho.

Prices remain into same big range since 4 May.
Central Bankers, politics , Instituionals only wish some fast corrections into a prolonged bull cycle....at least for now.

In the end, this is good for me....I can't loose too much inside this wide range, and I get my targets regularly.
So I enjoy the present, cause nothing's sure about tomorrow.....

914 closed now my last FDXS from 874, for +40 p MIICRO=+8 pips FDXM

September until XMAS a great period for trading, 1st down move and then typical rally...we'll see.

For sure at the beginning we'll have some ups and downs, then probably some clear trends....every month ther's a new side to take into acocunt on the DAX!

I have now only 1 DAX CFD 885. and I will go ahead only with DAX CFDs.
No target for now, no additionals for now.
Some fireworks expected late evening 20CET US FED minutes.....

+45 pips FDXM gained so far today,

Target fixed now at 985 (+100), current price 950 for DAX CASH INDEX.

965 closed now last DAX CFD bought 885

+80 p DAX CFD=+16 pips FDXM

FLAT, I'll back later for usual stat and to check DAX CASH INDEX official close.

another good day in a fantastic summer, at least so far.

DAX CASH INDEX official spent another day in strict range, typical behaviour before a friday expiration......

I dont want trade US FED minutes, I prefer to stop trading and restart tomorrow morning.

So done: +23+1,5+2+4,5+1+4,5+8+16=TOTAL +60,5 pips FDXM.

The post above was 24 hours ago.....and it seems that 4420 zone breakdown is now the cruel reality towards 4370/4380 zone!

Bad close for all main US indices. Nerves are high, and tonight US FED minutes showed some confusion imho and wide differences around UD FED members.
Here below a couple of pearls.....

My frustration with DAX is on lack of opportunity even to buy options in the expiry days of monthly options.
But I use a fixed formula, so I am flexible.
I choose volatility trigger events (maximum 4 times in a month), check a few new news trading strategy sites that provide statistics on maximum pip volatility and the probable time to wait for pip range. So I know how many pips and how much time is needed for hedging to be released.
Unfortunately, most of the excellent old sites providing such statistics have closed down as subscribers realized those didn't work anymore after Corona offered pension funds helicopter money to fly Bull kites all the time.

Powell was the event for me to trade.
Dax market makers were bent to touching 16,000 mark and they did it which I came to know this morning.

I traded HSI and Nasdaq HSI TP was hit, so no hedging was required. I took overnight reversal trade as a test for hedging. That also was hit.

Nasdaq incurred drawdown so I hedged to wait for next day expecting to release the hedge lock (during day trading hours when margin is reduced to 20%) and help the continuation of my trade. Now waiting for the day trading hours which last from 2 CET to 21 CET to get preferental margin rates.

I trade with patience and fully putting faith in hedging and reversion happening in a few hours and with a statistics based probable TP and reversion duration .

Hedging gives me tremendous power forcing me to read the market carefully, exercise patience, control triggering fingers out of boredom.
For this strategy, you have to be clear it will work if you are aiming for small TP between 10% to 20% of daily price range and that too during Open Time, Close time or convergence with Data Release times (8.30 EST) , US Floor (cash) market open (9.30 EST) . This kind of strategy forces you to be a disciplined trader.
You just have to have BIAS for selection of HOURS .

Directional bias is also OK (it may give you some kick if you are proven right) but I avoid it because I am not an insider and like a designated market maker, I don't have access to order books.

Having tried to track their footprints on the chart (which you do admirably well) , I succeed sometimes and fail most of the times.

I don't aspire to be a forecaster and prefer to enjoy watching the game to gain insights from Price Action, Time Action, Volume Action.
That's all. I have made my life trading life simple and manageable.

For me trading is a fascinating individual sport to achieve excellence. You are a good example of it. I treated it as an adventure and now I am correcting my mistakes.

You are an extraordinary trader or I would prefer to call you a STAR sportsman. I can't match your skills and experience with a single symbol. You have kicked one kick for 200 days in a year for 3000 times (15 years).

With an inborn adventurer streak in me (I emulated my father) I have wandered the financial sector forest for 36 years : trading futures (equity index, currency, interest-rates, commodities of all kinds of precious, base and agricultural ones, volatility indexes like VIX) and futures options in most of the optionable ones. and finally found the Tree (common formula for taking risks and managing it without psychological pain) during the Corona period.

My spine arthritis happened two years forcing me to end my adventurers , reduced computing hours , and conclude my findings for the sake of my successors and for my understanding as well.

All of which I have shared through all my FF posts knowing well learners have disappeared from FF. It hardly matters to me for I always heed to God's call.
FF posts are in response to it.

821 right now bought 2 DAX CFD +1 FDXS 813