DAX Futures September 2021

Done my day:+38+2+1+1+10+5+6,5+8+10+12+4+2,5+21+2+2,5+4+3+4+5+6,5+4=TOTAL +153 pips FDXM.
I hold for tomorrow 2 DAX CFD 809,5.

To be decided where they wish to go........ping pong for now!

DAX CASH INDEX weak in pre market: last 2 days lows under pressure.
If they will be broken I look at last thursday lows 690 zone as possible down targets, but if prices will loose 743 BIG FIBO station..things will become bad.
I dont think so, but I'm ready for every scenario.

777 added 2 DAX CFDs now

I hold now 4 DAX CFDs 793.

additionals placed at sensible levels, 74..73..69.. 65..62..

803 right now: reduced from 4 to 2 my positions 793

+10 p x 2 DAX CFD=+20 p DAX CFD=+4 pips FDXM

I have now 2 DAX CFD 793.
Keep on adding below and well below entry price, as previosuly indicated.

85..86..zone, usual 1st resistance before 900 zone.

836 now closed 1 DAX CFD 793

+43 p DAX CFD=+8,5 pips FDXM

I hold now only 1 DAX CFD 793.

Early morning levels were right.....for now

above 85..zone, straight train to 900 zone in sight....

I was too shy below 800 zone, but I'm in conservative mode since I hit all my targets for current Quarter, cause I dont want give back any cent of my previous gains....

OK, there's nothing I can do now.
Alerts at 79..and 89..zone just placed while I'm holding my DAX CFD 793.

All too well ......at least for now! But I know everything may change in a while here........

yes everything may change in a short time...
it's just like in trading: after laughter comes tears

Life could be tough and cruel but.....

"Smile, without a reason why
Love, as if you were a child
Smile, no matter what they tell you
Don't listen to a word they say
'Cause life is beautiful that way..."

from original soundtrack "LA VITA E' BELLA" movie, won OSCAR in 1999.

825 just bought 1 FDXS

850 zone rejected the uptrend ..for now, so probably we'll retest 800 zone and below again.....
Nerves are high into US NFP, so unexpected moves always around the corner.

Reminder : US will be on holiday next monday.

Inflation data always on the rise......and hironically ECB will probably stop some financial support/start taper even before US FED while US economy is booming.....
So European Markets are moving on a dangerous way these weeks.......

one thought: maybe DAX-40 will become more inert than DAX-30, because probability that (a majoirty of) 40 stocks move in one direction is a bit smaller than probability that (a majority of) 30 stocks move in one direction.

1. It's correct on simple mathematical perspective.
2. It could be wrong taking into account that historically DAX main Index had a great concentration on 1st Companies, and assuming that last 10 additionals will have very low Capitalisation.
3. These are very low volatility weeks/months (Q2 and Q3 2021) compared to usual markets move we had last years.
So at some point volatility will explode, and 30 or 40 Companies will not change anything if that will be the case, imho.

Hi Brixen, this may be of interest to you. ( Something I read on the internet )

Big changes are coming to Germany's DAX. The most striking change to the share index is simply the number of additional new members. Instead of 30, as has been the norm since July 1988, 40 companies will be part of the most important German stock market barometer come September.
"This makes it a bit more representative of the economy," said Chris-Oliver Schickentanz, chief investment officer at Commerzbank. But only just a bit, because the newcomers are largely well-known industrial companies such as aircraft manufacturer Airbus, Siemens Healthineers, Porsche Holding or the consumer goods group Beiersdorf.
The pharmaceutical and laboratory supplier Sartorius is also likely to move into the updated DAX. Bechtle, a company that works in IT service and sales is certain to make the cut, as are the shares of Hannover Re and Carl Zeiss Meditec.
The chances for HelloFresh on the other hand have decreased significantly in the past few weeks. The home cooking box supplier is in a tight race for one of the last two places with the sporting goods manufacturer Puma and Knorr Bremse, a supplier for trains and commercial vehicles.

In the future, the criterion for membership in the DAX will mainly be market capitalization, which means the company's total stock market value. Trading volume will no longer take precedence. Under the old system, Airbus has not made it into the DAX, but will soon be in the same leagues as heavyweights Daimler and Allianz.
This latest reform is a direct response from Deutsche Börse — the company behind the index — to the Wirecard scandal. The payment processor's demise was one of the biggest corporate disgraces in modern times. And even though it filed for bankruptcy last June, it was only replaced in the index by Delivery Hero in August 2020 because of the rules in place as to when companies can be added or removed.
But even Delivery Hero would no longer make it into the DAX according to the new entry criteria. From now on, companies must have been profitable for two years without interruption before they are allowed in. That's a feat Delivery Hero has still not managed today.

Trade well