DAX Futures September 2021 | Page 185 | Forex Factory

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DAX Futures September 2021

  • #3,681
  • Edited 4:56pm Sep 8, 2021 4:36pm | Edited 4:56pm
Quoting Brixen
...I suspect something strange happened this morning. Just receveid information from a serious source...
I'm aware that nobody will know exactly what happened, excluded usual suspects, but something big happened...
Don't look too far. Everything is in straight sight. Different market participants observe different timeframes. What do the following two charts tell you?
Attached Image (click to enlarge)
Click to Enlarge Name: DAX-D1.png Size: 112 KB
Attached Image (click to enlarge)
Click to Enlarge Name: DAX-MN1.png Size: 106 KB
We have September and price only has two options. Breaking out to the upper or to the lower side. We are close to the lower side, so what are the chances that we try? I don't know whether we really will or not. What I do know is that chances that we make a monthly inside bar are way lower than a monthly breakout. Every month. Just look at the stats. Market makers know them very well.

Just my 2c.

ps: The indicator you get here: SuperBars
It takes blood, sweat and enough tears to wash away the blood.
  • #3,682
  • Edited 5:49pm Sep 8, 2021 5:04pm | Edited 5:49pm
Just looked back to give you a number. Since 2018.06 (just picked something) we had 3 monthly inside bars and 33 monthly breakouts.

Then there is another topic. Do not underestimate the psychological impact of DAX30 changing to DAX40. Who is invested in DAX? Funds, big money. This is the biggest structural change DAX has ever experienced, investors need to re-calibrate everything. What is the nominal effect? Will DAX decrease in value because of this? Surely not. There's only risk to the upside. Folks are looking for Lady Fantasy. Now we have seen people anticipating this upside risk in the last days (since Friday). It's a bit like New Market mode in the 90's. The result is volatility and this is what we get right now.
It takes blood, sweat and enough tears to wash away the blood.
  • #3,683
  • Sep 9, 2021 12:53am Sep 9, 2021 12:53am
529 now added 5 positions DAX CFD
I call upon my father's spirit , watching over me
  • #3,684
  • Sep 9, 2021 12:55am Sep 9, 2021 12:55am
2ND GAP DOWN IN A ROW IN SIGHT FOR DAX CASH INDEX at 9CET.....
I call upon my father's spirit , watching over me
  • #3,685
  • Sep 9, 2021 1:03am Sep 9, 2021 1:03am
Quoting brixen
529 now added 5 positions dax cfd
520 added 2 positions too
I call upon my father's spirit , watching over me
  • #3,686
  • Sep 9, 2021 1:05am Sep 9, 2021 1:05am
Quoting Brixen
{quote} 520 added 2 positions too
i HOLD NOW 9 DAX CFD 545,5
I call upon my father's spirit , watching over me
  • #3,687
  • Sep 9, 2021 1:16am Sep 9, 2021 1:16am
Quoting emmzett
{quote} Don't look too far. Everything is in straight sight. Different market participants observe different timeframes. What do the following two charts tell you? {image}{image}We have September and price only has two options. Breaking out to the upper or to the lower side. We are close to the lower side, so what are the chances that we try? I don't know whether we really will or not. What I do know is that chances that we make a monthly inside bar are way lower than a monthly breakout. Every month. Just look at the stats. Market makers know them...
1. I only underlined something important and unusual happened exactly at 9CET and for only 50 seconds.
2. I only underlined dichotomy between FDAX European open at 8CET and DAX CASH INDEX open at 9CET, that rarely happens.
3. I'm aware seasonality on September month is clearly on downside.
4. This morning new gap down probably confirms some BigHands move heavily on downside and set the tone on short side.

In the end, whatever happened it is not really improtant and we never will know, but was useful cause I put my alert level at highest level, as showed by only a couple DAX Futures traded yd compared to many more traded last days/weeks.
That's why I used only small DAX CFDs that have no expiration, no settlement daily price and no impact on margin account.
I call upon my father's spirit , watching over me
  • #3,688
  • Sep 9, 2021 1:17am Sep 9, 2021 1:17am
Quoting Brixen
{quote} i HOLD NOW 9 DAX CFD 545,5
reduced right now forom 9 to 5 at 558
I call upon my father's spirit , watching over me
  • #3,689
  • Sep 9, 2021 1:25am Sep 9, 2021 1:25am
Quoting Brixen
{quote} reduced right now forom 9 to 5 at 558
12,5 p x 4DAX CFD=+50 p DAX CFD=+10 pips FDXM
I call upon my father's spirit , watching over me
  • #3,690
  • Sep 9, 2021 1:32am Sep 9, 2021 1:32am
Quoting emmzett
Just looked back to give you a number. Since 2018.06 (just picked something) we had 3 monthly inside bars and 33 monthly breakouts. Then there is another topic. Do not underestimate the psychological impact of DAX30 changing to DAX40. Who is invested in DAX? Funds, big money. This is the biggest structural change DAX has ever experienced, investors need to re-calibrate everything. What is the nominal effect? Will DAX decrease in value because of this? Surely not. There's only risk to the upside. Folks are looking for Lady...
My personal idea is that these days BigFunds, Big Actors in the market are more scared by German elections next 26 September than DAX moving from 30 to 40 Companies.
As showed by Japan politics last days, or by Biden effect in US markets, politics keep having a strong effect on the markets and I suspect many other European politicians as Draghi or Macron are waiting for new politic era in Germany.
Again, it's only an idea and markets dont care about any idea of anyone.
Anyway I jeep trading step by step, day by day with my both feet on the ground.

Thank you for your insight.
I call upon my father's spirit , watching over me
  • #3,691
  • Sep 9, 2021 1:34am Sep 9, 2021 1:34am
Quoting Brixen
{quote} i HOLD NOW 9 DAX CFD 545,5
568 closed another DAX CFD now for +22,5 p =+4,5 pips FDXM
I call upon my father's spirit , watching over me
  • #3,692
  • Edited 1:58am Sep 9, 2021 1:45am | Edited 1:58am
Quoting Brixen
2ND GAP DOWN IN A ROW IN SIGHT FOR DAX CASH INDEX at 9CET.....
590 gap down to cover at 9CET for DAX CASH INDEX.
2nd gap down in a row.....

Looking only at official data, 470/510 zone was a decent support zone on last July days.
Then MAESTRO LEONARDO says that 565 and 420 zone are the 2 nearest stations on the chart.

ECB day today, so I must be careful and ready for every scenario.
I call upon my father's spirit , watching over me
  • #3,693
  • Sep 9, 2021 1:45am Sep 9, 2021 1:45am
535 added now 1 position
I call upon my father's spirit , watching over me
  • #3,694
  • Sep 9, 2021 1:46am Sep 9, 2021 1:46am
Quoting Brixen
535 added now 1 position
I hold now 5 DAX CFD 543

ADDITIONALS waiting 52..until 47..zone for now. Only DAX CFD for now
I call upon my father's spirit , watching over me
  • #3,695
  • Sep 9, 2021 1:59am Sep 9, 2021 1:59am
sometimes you see these large quantities of orders lying at levels, here at 15515. very unusual for dax
Attached Image
  • #3,696
  • Sep 9, 2021 2:00am Sep 9, 2021 2:00am
Quoting Brixen
{quote} I hold now 5 DAX CFD 543 ADDITIONALS waiting 52..until 47..zone for now. Only DAX CFD for now
508 and 507 added now
I call upon my father's spirit , watching over me
  • #3,697
  • Sep 9, 2021 2:03am Sep 9, 2021 2:03am
Quoting brixen
{quote} 508 and 507 added now
484 added 4 psoitions now
I call upon my father's spirit , watching over me
  • #3,698
  • Sep 9, 2021 2:07am Sep 9, 2021 2:07am
Quoting brixen
{quote} 484 added 4 psoitions now
469 added 3 positions now
I call upon my father's spirit , watching over me
  • #3,699
  • Sep 9, 2021 2:08am Sep 9, 2021 2:08am
Quoting Brixen
{quote} 469 added 3 positions now
i HOLD NOW 14 dax cfd 503,5
I call upon my father's spirit , watching over me
  • #3,700
  • Sep 9, 2021 2:11am Sep 9, 2021 2:11am
Quoting Brixen
{quote} i HOLD NOW 14 dax cfd 503,5
456 added again now
I call upon my father's spirit , watching over me
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