DAX Futures December 2021 | Page 153 | Forex Factory

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DAX Futures December 2021

  • #3,041
  • Nov 24, 2021 9:03am Nov 24, 2021 9:03am
Quoting Brixen
{quote} 815 closed another FDXS 779 now
+36 p FDXS=+7 pips FDXM

I HAVE NOW 3 FDXS 779 + 3 DAX CFD 772,5.
I call upon my father's spirit , watching over me
  • #3,042
  • Nov 24, 2021 9:05am Nov 24, 2021 9:05am
Quoting Brixen
{quote} +36 p FDXS=+7 pips FDXM I HAVE NOW 3 FDXS 779 + 3 DAX CFD 772,5.
827 closed now 1 FDXS 779 for +48 p FDXS=+9,5 pips FDXM
I call upon my father's spirit , watching over me
  • #3,043
  • Nov 24, 2021 9:07am Nov 24, 2021 9:07am
835 closed now 1 FDXS 779
I call upon my father's spirit , watching over me
  • #3,044
  • Nov 24, 2021 9:10am Nov 24, 2021 9:10am
Quoting Brixen
835 closed now 1 FDXS 779
+56 p FDXS=+11 pips FDXM

I HAVE NOW ONLY 1 FDXS 779 (with stop at breakeven and target 859) and 3 DAX CFD 772,5 without stop and target for now.
Few additionals, only DAX cfd additionals placed from 75..until 680 zone.

I'll back for official close next hour.
I need fresh air......it's one of my best day trade on last weeks, so I need to stay calm and relaxed for a while.

+463 pips FDXM gained so far today.
I call upon my father's spirit , watching over me
  • #3,045
  • Nov 24, 2021 9:55am Nov 24, 2021 9:55am
Quoting Brixen
{quote} +56 p FDXS=+11 pips FDXM I HAVE NOW ONLY 1 FDXS 779 (with stop at breakeven and target 859) and 3 DAX CFD 772,5 without stop and target for now. Few additionals, only DAX cfd additionals placed from 75..until 680 zone. I'll back for official close next hour. I need fresh air......it's one of my best day trade on last weeks, so I need to stay calm and relaxed for a while. +463 pips FDXM gained so far today.
Target 859 hit for my last FDXS 779 for +80 p FDXS=+16 pips FDXM

I hold now only 3 DAX CFD 772,5.
I call upon my father's spirit , watching over me
  • #3,046
  • Nov 24, 2021 9:59am Nov 24, 2021 9:59am
Quoting Brixen
{quote} Target 859 hit for my last FDXS 779 for +80 p FDXS=+16 pips FDXM I hold now only 3 DAX CFD 772,5.
873 closed now 1 DAX CFD 772,5 for +100.5 p DAX CFD=+20 pips FDXM
I call upon my father's spirit , watching over me
  • #3,047
  • Nov 24, 2021 10:11am Nov 24, 2021 10:11am
Tomorrow is holiday in US and US markets will have only a shortened session next friday.
So tomorrow London/Zurich or whatever else BigBoys will move European markets where they wish...or it could be a frozen day trade...we'll see.
I call upon my father's spirit , watching over me
  • #3,048
  • Nov 24, 2021 10:11am Nov 24, 2021 10:11am
I have now only 2 DAX CFDs 772,5 and I will probably hold overnight for tomorrow.
I call upon my father's spirit , watching over me
  • #3,049
  • Nov 24, 2021 10:31am Nov 24, 2021 10:31am
Quoting Brixen
I have now only 2 DAX CFDs 772,5 and I will probably hold overnight for tomorrow.
907 right now closed 1 DAX CFD 772,5 into official DAX CASH INDEX close.
I call upon my father's spirit , watching over me
  • #3,050
  • Nov 24, 2021 10:31am Nov 24, 2021 10:31am
Quoting Brixen
{quote} 907 right now closed 1 DAX CFD 772,5 into official DAX CASH INDEX close.
+134,5 p DAX CFD=+27 pips FDXM
I call upon my father's spirit , watching over me
  • #3,051
  • Nov 24, 2021 12:05pm Nov 24, 2021 12:05pm
Done my day:+16,5+20+2+17,5+9,5+10.5+2+3,5+4+3+14,5-1+210+26,5+70,5+15+11+13,5+7+7+9,5+11+16+20+27=TOTAL +526 pips FDXM.
I hold 1 DAX CFD 772,5 for tomorrow.

Great day today, ironically exactly 1 week ago, last wed, I made only 1 trade closed at breakeven......
In few hours, in few days , CHANGES in the markets were astonished!!!!

Inserted Video
I call upon my father's spirit , watching over me
  • #3,052
  • Nov 24, 2021 8:34pm Nov 24, 2021 8:34pm
Quoting Brixen
{quote} A BREAK UP 800 zone could be important for a possible close aorund 850/860 zone. Otherwise there's a magnetic attraction toward 690 gap left open.
690 gap may be filled on Friday on a US holiday
Practice makes a person perfect
  • #3,053
  • Nov 25, 2021 12:30am Nov 25, 2021 12:30am
Quoting simnz
{quote} 690 gap may be filled on Friday on a US holiday
To be exact, there are 2 gaps left open by DAX CASH INDEX official (9-17:35CET) on last weeks, as indicated here below.
What we'll see 1st ? : 16090 or 15689 is the question.
Attached Image (click to enlarge)
Click to Enlarge Name: daxgaps.PNG Size: 91 KB
I call upon my father's spirit , watching over me
  • #3,054
  • Nov 25, 2021 1:22am Nov 25, 2021 1:22am
1. Today should be a strange day, US holiday, low volumes and so on....
but they could push prices wherever they wish, 850 or 16090, it depends on positions they loaded yd and last days.

2. I dont want engage myself in a semi holiday day in Europe, specially after tons of trades made yd.
So I hold my DAX CFD 772,5 bought yd, with target around yd highs 970 zone (+200 more or less) but ready to shift above 16k if price action just after 9CET will push prices around 16k. In that case I will place my target at 16070/080 zone (+300).
So in the end a day off for me today.........

3. Anyway on pure price action key levels for today are these ones, imho:
a) 15950 a sort of pivot, above strong uptrend up to 16k and even 16090.
b) Below 950, 1st station 890 zone and then 860/850 zone, before 790 zone.

Good luck for all friends here, I'll back here from time to time.
I call upon my father's spirit , watching over me
  • #3,055
  • Nov 25, 2021 3:20am Nov 25, 2021 3:20am
Quoting Brixen
{quote} To be exact, there are 2 gaps left open by DAX CASH INDEX official (9-17:35CET) on last weeks, as indicated here below. What we'll see 1st ? : 16090 or 15689 is the question. {image}
If put options parked at 15600 level is by institutions for hedging, the big traders won't budge.

But if majority of them have got tricked into selling by the market makers because of lucrative premiums, then the likelihood of using Thursday and Friday to touch 15689 is very much likely.

Only the market makers know the real situation and order books. We have to be prepared for such probability.
Practice makes a person perfect
  • #3,056
  • Nov 25, 2021 5:58am Nov 25, 2021 5:58am
Quoting simnz
{quote} If put options parked at 15600 level is by institutions for hedging, the big traders won't budge. But if majority of them have got tricked into selling by the market makers because of lucrative premiums, then the likelihood of using Thursday and Friday to touch 15689 is very much likely. Only the market makers know the real situation and order books. We have to be prepared for such probability.
Taking into account these 2 empty days, it remains only a full week of trading + 2 rollover weeks before year end.
Historically we'll have a strong uptrend period ahead, sometimes interrupted by violent and fast dips.
This year should be the same, so if I was forced to bet, I think we should see both gaps filled next days.......we'll see.
I call upon my father's spirit , watching over me
  • #3,057
  • Nov 25, 2021 8:49am Nov 25, 2021 8:49am
Quoting Brixen
1. Today should be a strange day, US holiday, low volumes and so on.... but they could push prices wherever they wish, 850 or 16090, it depends on positions they loaded yd and last days. 2. I dont want engage myself in a semi holiday day in Europe, specially after tons of trades made yd. So I hold my DAX CFD 772,5 bought yd, with target around yd highs 970 zone (+200 more or less) but ready to shift above 16k if price action just after 9CET will push prices around 16k. In that case I will place my target at 16070/080 zone (+300). So in the end a...
2nd scenario indicated early morning for today in play almost in perfect way: 950 at the open, then retracement 1st at 890 and then at 85./86..zone.
Maybe I should have traded this way today, but no regret...I had a great day yd!
I call upon my father's spirit , watching over me
  • #3,058
  • Nov 25, 2021 9:13am Nov 25, 2021 9:13am
Keep holding my DAX CFD 772,5 for tomorrow, as my 971 target was not hit for 10pts.

The glorious EAGLES from Los Angeles, to relax in this grey November afternoon.......
Inserted Video
I call upon my father's spirit , watching over me
  • #3,059
  • Edited Nov 26, 2021 12:45am Nov 25, 2021 8:37pm | Edited Nov 26, 2021 12:45am
Quoting simnz
{quote} If put options parked at 15600 level is by institutions for hedging, the big traders won't budge. But if majority of them have got tricked into selling by the market makers because of lucrative premiums, then the likelihood of using Thursday and Friday to touch 15689 is very much likely. Only the market makers know the real situation and order books. We have to be prepared for such probability.
Until expiration of ODAX options time today, the scare tactics will continue. Price level may even touch 16000 for a split second to scare the big numbers of Options parked there.

Open Interest (number of option contracts ) statistics don't reveal whether there are sellers or buyers. But without a buyer, there can never be a seller.

It looks like since mid-year, the DAX market makers are doing both buying of calls and puts to entice nimble-fingered investors who are frustrated by compressed futures range.

Buy calls and take it upwards. Buy Put and take it upwards.

By turning buyers they are paying small premiums to call sellers and then trapping them into getting out of the positions with a heavy cost.

First they created euphoria to trap Call sellers. Once the call sellers were forced to get out with losses as euphoria dimmed, they turned to put sellers when the market was in the lower cycle of euphotia.

Hoping for the euphoria to return or stay, the put sellers got lured with rich premiums. By that time the euphoria had not disappeared completely.

As buyers of Call and Put options, the market makers have made huge killings.

Anyway, trading is the name of this gambling game. If you understand it, you will make money.

No indicators, forecasts or tips can help you succeed as a trader in such a market unless you try to figure out/track how the market makers algos work .

Your mindset or YOU are the key. Your EXPERIENCE will make you learn the games.

You play your own games and don't have to duplicate others idea.

Games can be won in different ways. No one is right or wrong as long as the moolah is made.

January to May period was good for futures this year. So a seasonal pattern can be seen where futures become dominant rather than options.

I had predicted DAX to hit 17,000 in November. It has not. Hopefully, by January it may hit this mark.

But by November-end you won't be surprised if it recovers 16300 level, attracting call sellers.
Until quarterly option expiration, another game will resume taking the index to 16,700 by Dec end before the holidays.
Practice makes a person perfect
  • #3,060
  • Nov 25, 2021 9:36pm Nov 25, 2021 9:36pm
Quoting simnz
{quote} Until expiration of ODAX options time today, the scare tactics will continue. Price level may even touch 16000 for a split second to scare the big numbers of Options parked there. Open Interest (number of option contracts ) statistics don't reveal whether there are sellers or buyers. But without a buyer, there can never be a seller. It looks like since mid-year, the DAX market makers are doing both buying of calls and puts to entice nimble-fingered investors who are frustrated by compressed futures range. Buy calls and take it upwards. Buy...
The basis for my optimism for strong trend returning is here.
Divergence between SPX and DAX is around 2.5%.
15650 x 1.25 = 16.040 very close to gap missed by cash index.
Will it recover by today or Tuesday is a matter of judgement.
Attached Image
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