DAX Futures December 2021

+30 p x 2 FDXS=+60 p FDXS=+12 pips FDXM

969 closed now 1 DAX CFD 882 and 965 closed 1 FDXS 921

Thanks ISLANDER, very useful info...so I will try to maximize my positions running in profit now!!!

+87 p DAX CFD =+17,5 pips FDXM and +44 p FDXS=+9 pips FDXM

976 closed now 2 FDXS 921

AN AVALANCHE OF GREEN PIPS FOR ME! WOW!!!!!!!!!!

+55 p x 2 FDXS=+110 p FDXS=+22 pips FDXM

Price has just hit the 618 retrace in a nice wrb that was the m1 high - I banked

971 closed another FDXS 921 for +50 p FDXS=+10 pips FDXM

As I previosuly wrote 980 previosu supproto zone early Nov will act now as reistance. It's so close to your today level, so perfect coincidence.

978 was closed sec ago another FDXS 921

+57 p FDXS=+11,5 pips FDXM

I HAVE NOW ONLY 2 DAX CFD 882 + 4 FDXS 921.
+137,5 pips FDXM gained so far today.

DAX CASH INDEX official left a gap opena at 16090,5 (yd low).
Thats my target for both DAX CFDs 882.

A couple closing psoitions FDXS placed around/above 16k...I'll back after 13 CET.

It is difficult for me to forecast waves timing as you can do.

That's why I am looking to your experience mainly to measure the size of a wave. Important for me is the size of recurring trades and TP generated. It is not
swing trading or positional trading system as such. In fact, no system.

The only job I have to do is: not forecast direction, but estimate the major zones of probability (up wards as resistance or downwards as Support) in H4 TF.
Additionally, I have to draw a cooling (or likely consolidation) period size where pullback or reversal may happen.

Margin balance will be achieved by buying /selling 1 contract of FDXM and once the drawdown cooling period shows reversal, start Selling/buying 5 Fdxs.

I feel the distance between the two sides , assuming a wild horse becomes active after H4 60 bars, can be 300 pips range box.

If from the start of Buying cycle, it goes wrong all - up to 300 pips, for each trade of 10 pips (maximum 30 positions), I will be having a drawdown of around 200 pips (because of the averaging buys) and can keep another 300 pips as a buffer for Consolidation (Drawdown cooling zone). .

Yet, I would keep 600 pips in the margin capital - 300 pips buffer to handle a drawdown during a cooling (or consolidation) period.

It is possible after the consolidation ends, buying trending resumes and achieves the targeted profits from 30 trades.

If not, the downward trend may start., Selling will start and generate profit at every 10 pips.

So in the drawdown cooling period, there is a chance buying trending recovers and achieves targeted profits or reverses.

However, if the drawdown period leads to reversal of trend, then selling will start .

Margins will be hedged by using two different sizes of same contract for busing and selling. Margin control will help a lot in preserving margin capital.
Once both buying and selling sides are locked (hedged) the margin capital will become ZERO.

It is from this point only Profit and Loss will affect your account. Margin calls will not be there as long Loss starts eating away margin capital.

In such a situation, even strong trending in one side can not easily hurt the account. Because one side strong selling will keep generating profit and reducing drawdown.

Trading consists of two components:

1. Maintaining margin and not allowing it to get eroded by loss. Most of the accounts suffer by neglecting management of initial margins.
You need to keep at least 50% of account as buffer to avoid margin calls and forced liquidation of trades. Margin has to be dealt with intelligently so that drawdown does not hurt margin capital as such.

2. Maintaining a balance between the profit and loss by using buying and selling grids.

(a) Buying for 30 positions may lead to drawdown of 200 pips until it his maximum positions. But it will incur drawdown of 30 pip for each pip price goes down. So the drawdown zone has to plan in such a way that enough breathing space be given and it may take a lot of pips.
(b) Selling for 30 positions may lead to profit of 300 pips.
So selling may, in fact, generate surplus provided both buying and selling cycles run for equal times . One side will halt at maximum positions (averaged).
Reversal will generate profits but will not accumulate maximum positions. Only one side will be affected by maximum positions. So it is important one of the cycles end with averaged maximum positions, while the other sides keeps running the show with regular profits.

Our friend Pipfarm always taught me about a major and minor waves that we always find in the markets.

For instance MAIOR wave (multiday) is 15500>16300, while minor is 16300>15865 (so far).
For instance MAJOR wave (intraday) is 16k>15865, while minor is currently 15990 > 920/930.

Prices react strongly when boundaries are hit or when they will be broken......

I'm not able to follow your strategy, but make me think a lot, for instance have you think to trade both NASDAQ and DJ as ther's always a dichotomy or lets say a difference behaviour almosy all days between them?
I mean for instance yd, to go long on DJ and short Tech? But it's only an idea , a general speaking......

971 closed now 1 FDXS 921 for +50 p FDXS=+10 pips FDXM

983 closed now another FDXS 921

+62 p FDXS=+12,5 pips FDXM

I HAVE NOW 2 FDXS 921 + 2 DAX CFD 882.
+160 pips FDXM gained so far today.

Luckily VOLATILITY is back in strong way and so my performances are strongly improving.
Wild horse never let me down......

16001 right now closed another FDXS 921 for +80 p FDXS=+16 pips FDXM

Typical DAX reversal in sight above 16k.......similar at friday 29 October price action, but we need confirmation in US session.

+100 target for my last FDXS 921, current 16006.....

DAX CFDs target around yd gap 1607..090 zone.

16021 right now and target hit for my last FDXS 921: +100 p FDXS=+20 pips FDXM.

I HAVE NOW ONLY 2 DAX CFDs 15882, target around yd gap 1607..090 zone.
+196 pips FDXM gained so far today......almost done my day.

After a typical frozen period before last friday expiration, old glorious wild day trades are back....it's a trader PARADISE!!!
Reminds me last wed I had 1 only trade closed at breakeven, ever happened here...gone are those lethatgic days!!