DAX Futures September 2021

Quoting Brixen

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{quote} Timing in trading is so fascinating for me. My approach is mainly based on price levels, so timing doesnt matter, but I'm aware it is very important. I can buy at 1st touch at key level, but then soemtimes I have to wait for hours or even days, after prices move from that key level to another one....and in the meantime I can loose my patience and get out of the trade. P.S.: I cant see the indicator you talked in your post. https://www.youtube.com/watch?v=JwYX52BP2Sk

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Quoting mag00

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{quote} a point of view ... P.S. ... of mine {image}

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Quoting Islander

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and what I've been trading this afternoon....Nas +130 pts since NYSE Open, Dax up 77 pts Great confluence of levels ~Nas's highs....BRN, 1.618 Fibonacci expansion and a POC level, all acting as a great magnet for price {image}

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Quoting mag00

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{quote} daily chart {image}

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Quoting Brixen

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{quote} In short Mag, weekly seems on down pressure while on the day basis DAX seems solid in the uptrend! That's why reacted strongly yd and today too! We'll see into next week.. Now they are waiting for Powell at Jackson Hole, next week, then they will wait for US NFP, then they will wait for Quadruple witching expiration mid September, then for US FED meeting late September and so on and on and on.......

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Quoting Brixen

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Having hit my 500 pips FDXM target for current week, I will not trade anymore until next monday and I will hold my position 659 into next week, as I wrote. I'll back later to check DAX CASH INDEX official close + US close, and for my usual weekly stats.

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Quoting Brixen

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{quote} Timing in trading is so fascinating for me.

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Quoting Brixen

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{quote} I will probably hold my DAX CFD bought this morning 659 into next week. There's a gap left open on DAX CASH INDEX at 870 zone, it seems so far away now (+120 pts from current 750, but who knows what they will do after monthly August expiration today. DAX CASH INDEX chart just updated here below. {image}

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Quoting karuner

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{quote} You also noticed that often at exactly 10:00 in the morning there is some weird little move in DAX. I heard that Bank traders often have to fulfill their big orders within the first one or two hours. that is why we have the most volatility and volume going on between 9 and 10 or 11. i think VWAP and PoC would be important price levels to always consider aswell.

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Quoting Brixen

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{quote} In short Mag, weekly seems on down pressure while on the day basis DAX seems solid in the uptrend! That's why reacted strongly yd and today too! We'll see into next week.. Now they are waiting for Powell at Jackson Hole, next week, then they will wait for US NFP, then they will wait for Quadruple witching expiration mid September, then for US FED meeting late September and so on and on and on.......

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Quoting Islander

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{quote} Here's an excerpt from my post dated Aug 3, 2020 on the top of page 300 in my old thread...... "Thus I looked at a year’s data on M 1 charts, plotting each 50+ swing hour by hour, inputting the minute the swing started, its price, the minute it ended and the price, then the minutes in the swing and the total pts move. 260 days with 10 hours of data each day – 8am to 6pm I did some into a notebook and some into an Excel spreadsheet and it was a very worth- while exercise, giving me an excellent knowledge of the internal moves of the Dax Cash...

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Quoting Brixen

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OK, done my day and done my week: mon +151 tue +68 wed +60,5 yd +209,5 today +14,5 TOTAL: +503,5 pips FDXM. I hold overnight, overweekend 1 DAX CFD 659 (anyway I place in any case a closing order at 85..zone until 22CET, so roughly +200 pts,you know never say never). I need some days of vacation, but before I have to hit my superior target for this Quarter. Have a good weekend my friends, I'll back from time to time as usual. https://www.youtube.com/watch?v=ANvYzTH8KvU

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Quoting Brixen

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DAX CASH INDEX official closed at his highs today. Very important into next week, specially after a monthly expiration as today. As I previously wrote, there is a gap left open at 870 zone, last wednesday, we'll see if they want cover next week or not. {image}

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Quoting Brixen

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{quote} I'm closing here around current 900 zone my last DAX CFD bought friday at 659.

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Quoting Brixen

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Every time, every holy time, they bought the dip......when most think the markets will collapse, they always buy the dip and start an endless rally. I thought last week was different, as on mid July, so I was extremely prudent on my buy orders, avoiding FDXM, FDAX and even reducing MICRO or DAX CFD positions to minimum. But the song remained always the same: panick the markets only to buy, to reload lower and then started the usual strong rally...... Delta variant, Afghanistan, inflation explosion, chip shortages or whatever it is. they dont care,...

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