DAX Futures June 2024 | Page 100 | Forex Factory

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Attachments: DAX Futures June 2024
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DAX Futures June 2024

  • #1,981
  • Jun 14, 2024 6:42am Jun 14, 2024 6:42am
Quoting Brixen
{quote} +56+56+56+56+56+112-268-129+=+12 p DAX CFD=+2,5 pips FDXM I hold now: 3 DAX CFD 565 3 DAX CFD 535 2 DAX CFD 419 1 DAX CFD 373 1 DAX CFD 234 7 DAX CFD 993
18074 closed now 1 position 993 for +81p DAX CFD=+16 pips FDXM
I call upon my father's spirit , watching over me
  • #1,982
  • Jun 14, 2024 6:45am Jun 14, 2024 6:45am
Quoting Brixen
{quote} 18074 closed now 1 position 993 for +81p DAX CFD=+16 pips FDXM
373 position was alco closed at 073 moments ago for -300 p DAX CFD=-60 pips FDXM
I call upon my father's spirit , watching over me
  • #1,983
  • Jun 14, 2024 6:46am Jun 14, 2024 6:46am
I hold now:
3 DAX CFD 565
3 DAX CFD 535
2 DAX CFD 419
1 DAX CFD 234
6 DAX CFD 993
I call upon my father's spirit , watching over me
  • #1,984
  • Jun 14, 2024 7:11am Jun 14, 2024 7:11am
Quoting Brixen
I hold now: 3 DAX CFD 565 3 DAX CFD 535 2 DAX CFD 419 1 DAX CFD 234 6 DAX CFD 993
999 now reduced 50% my positions 993
I call upon my father's spirit , watching over me
  • #1,985
  • Jun 14, 2024 7:16am Jun 14, 2024 7:16am
Quoting Brixen
{quote} 999 now reduced 50% my positions 993
+6+6+6=+18 p DAX CFD=+3,5 pips FDXM

Last time DA XCASH INDEX closed below 18k was on friday May 3rd at 17891 (RTH).
Then there was a low always during RTH at 17937 on May 8th.

Around there I will probably add something more....if price will fall again.
I call upon my father's spirit , watching over me
  • #1,986
  • Jun 14, 2024 7:38am Jun 14, 2024 7:38am
[quote=Dutchy Daxy;14901495]{quote} No surprise. US markets are/were heavenly overstretched. DOW & RUSSEL started to plunge Yesterday already. Red Flag[/quote

stayed away from US indices this week for this same reason! But my Dax positions has pretty wide stoploss so still safe hopefully will come up all positive by next week

green pips
  • #1,987
  • Jun 14, 2024 7:45am Jun 14, 2024 7:45am
Quoting Brixen
WHat a Spike ....maybe some ECB supporto on France, or some nation GOv Bonds....? Another similarity tò 1 decade ago Greece/Italy crisis, but it-'s only my assumptions.....maybe some shorts squeeze or close
the games they play
  • #1,988
  • Jun 14, 2024 7:50am Jun 14, 2024 7:50am
Quoting Brixen
{quote} +6+6+6=+18 p DAX CFD=+3,5 pips FDXM Last time DA XCASH INDEX closed below 18k was on friday May 3rd at 17891 (RTH). Then there was a low always during RTH at 17937 on May 8th. Around there I will probably add something more....if price will fall again.
955, 959,963,965 just bought 4 positions
I call upon my father's spirit , watching over me
  • #1,989
  • Jun 14, 2024 7:52am Jun 14, 2024 7:52am
I hold now:
3 DAX CFD 565
3 DAX CFD 535
2 DAX CFD 419
1 DAX CFD 234
3 DAX CFD 993
4 DAX CFD 960
I call upon my father's spirit , watching over me
  • #1,990
  • Jun 14, 2024 7:56am Jun 14, 2024 7:56am
Quoting Brixen
I hold now: 3 DAX CFD 565 3 DAX CFD 535 2 DAX CFD 419 1 DAX CFD 234 3 DAX CFD 993 4 DAX CFD 960
999 now closed last 3 positions 993
I call upon my father's spirit , watching over me
  • #1,991
  • Jun 14, 2024 7:57am Jun 14, 2024 7:57am
Quoting Brixen
{quote} 999 now closed last 3 positions 993
+18 p DAX CFD in total = +3,5 pips FDXM

I hold now:
3 DAX CFD 565
3 DAX CFD 535
2 DAX CFD 419
1 DAX CFD 234
4 DAX CFD 960

Starting to place some buy order as FDXM SEPTEMBER.....probably something after 17:30CET
I call upon my father's spirit , watching over me
  • #1,992
  • Jun 14, 2024 8:13am Jun 14, 2024 8:13am
18191 in this moment bought 1 FDXM SEPTEMBER
I call upon my father's spirit , watching over me
  • #1,993
  • Jun 14, 2024 8:18am Jun 14, 2024 8:18am
Quoting Brixen
18191 in this moment bought 1 FDXM SEPTEMBER
220 zone the target = slight 1802..zone for DAX CASH INDEX
I call upon my father's spirit , watching over me
  • #1,994
  • Jun 14, 2024 8:25am Jun 14, 2024 8:25am
Quoting Brixen
{quote} +18 p DAX CFD in total = +3,5 pips FDXM I hold now: 3 DAX CFD 565 3 DAX CFD 535 2 DAX CFD 419 1 DAX CFD 234 4 DAX CFD 960 Starting to place some buy order as FDXM SEPTEMBER.....probably something after 17:30CET
18020 closed now 1 position 960 for +60 p DAX CFD=+12 pips FDXM
I call upon my father's spirit , watching over me
  • #1,995
  • Jun 14, 2024 8:29am Jun 14, 2024 8:29am
Quoting Brixen
18191 in this moment bought 1 FDXM SEPTEMBER
Low volumes and wide spread also today for DAX FUTURES SEPTEMBER

But EUROSTOXX Futures today that include 1/3rd DAX shares (both expiration, June and September) hit almost 1.800.000 contracts exchanged = 3 times daily average
I guess it's a record........big positions or liquidation in place
I call upon my father's spirit , watching over me
  • #1,996
  • Jun 14, 2024 8:32am Jun 14, 2024 8:32am
Quoting Brixen
18191 in this moment bought 1 FDXM SEPTEMBER
232 closed in this moment for +41 pips FDXM
I call upon my father's spirit , watching over me
  • #1,997
  • Jun 14, 2024 8:35am Jun 14, 2024 8:35am
I hold now:
3 DAX CFD 565
3 DAX CFD 535
2 DAX CFD 419
1 DAX CFD 234
3 DAX CFD 960

Probably I will hold all positions overweekend.
I call upon my father's spirit , watching over me
  • #1,998
  • Jun 14, 2024 10:51am Jun 14, 2024 10:51am
Done my day:+2,5+16-60+3,5+3,5+12+41 = TOTAL +18,5 pips FDXM
And done my week:
mon +46,5
tue +38,5
wed +64
thu +71,5
today +18,5
TOTAL +239 pips FDXM

Next friday DAX FUTURE SEPTEMBER will start as main front contract......and probably only then I will try to recover in significant way my current bad positions.....

I hold overnight/overweekend:
3 DAX CFD 565
3 DAX CFD 535
2 DAX CFD 419
1 DAX CFD 234
3 DAX CFD 960

----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
My small tribute to Francoise Hardy passed away this week on her evergreen famous french chanson.....
"Tous les garçons et les filles de mon âge
Font ensemble des projets d'avenir
Tous les garçons et les filles de mon âge
Savent très bien ce qu'aimer veut dire.."
Inserted Video

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I call upon my father's spirit , watching over me
  • #1,999
  • Jun 15, 2024 1:39am Jun 15, 2024 1:39am
Quoting Brixen
{quote} Low volumes and wide spread also today for DAX FUTURES SEPTEMBER But EUROSTOXX Futures today that include 1/3rd DAX shares (both expiration, June and September) hit almost 1.800.000 contracts exchanged = 3 times daily average I guess it's a record........big positions or liquidation in place

We havent seen heavy selling like that for long time right? March 2023 bank sell off coming to mind, and June 2022( but that was very different environment). I think right now it has to do with rollover of the contracts, European political instabilities and maybe something else. Anyhow if it continues to sell off next week we can see dip of 7-10% from the top. I see support at 17600-17500 area. I have one single position that is heavily underwater, and I'm treating it as an experiment to "be always long" regardless the price, as it always going back up sooner or later.
  • #2,000
  • Edited 5:19am Jun 15, 2024 4:30am | Edited 5:19am
Quoting Brixen
{quote} Just searching something similar happened the day after US FED, summer 2019, or 2020 and 2021......I dont remember well, but it was July US FED meeting probably It could be instructive for what will (maybe) happen next......I let you know And while I search on my past journals, I found many posts from you MEOW too...... And yes, it could be a rational explanation, specially on EUROSTOXX futures that hit enormous volumes these days on both expiration (JUNE and SEPT) while DAX is more lazy, as usual....as...
I owe an answer to you MEOW, as I had no time last hours to search and reply to you, my old friend here.
Then Im not so young anymore to remember exactly the day and every detail when something exceptional happened

There were 2 biggest sell off the day after a US FED meeting:
1. on friday 30July 2020 when DAX fell in 1 single day more than 600 pts (based at 12000 as value), more or less what happened last 2 days (700 pts free fall, but based on 18000 as value). That time there wasnt a Quarter futures&options expiration, but it was month end.
Here below the chart showed on my journal that day when I had an huge positions of 25 FDXM longs, 20 CFDs longs and even 1 FDAX short........

Attached Image (click to enlarge)
Click to Enlarge Name: DAX300720.png Size: 17 KB


2. The violent sell off of just after the extraordinary meeting took place on sunday mid March 1st COVID wave, that I consider very very exceptional event.
On monday 16 March 2020, the DAX fell 850 pts (base value 9000) before a sharp recover.
That time the Quarter futures&options was around the corner, only 4 days ahead. So same situation as now in this perspective.

Attached Image (click to enlarge)
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Both sell-offs above were slowly but constantly recovered the days/weeks ahead.

3. But there's another worrisome factor I wish to underline this time. The sell off started from Paris, from LA FRANCE political new instability.
Here below you can see that the main Paris Index CAC 40 has just correct from his ATH highs by a 10%.
We'll see if they want a return to bear market (-20% from ATH) or -10% was enough for now, taking into account Quarter expiration + political FRANCE election at the end of current month. Then I wish to underline ECB complete absence and silence while FRANCE BONDS and spreads were attacked last days..........
Attached Image (click to enlarge)
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I call upon my father's spirit , watching over me
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