Velocity Trader DAX Journal

Discussion in 'Index Futures' started by GoodTrades, Dec 5, 2003.

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  1. According to Reuter's the overall Ifo index is expected to rise to around 96,5 from 95,7 last month.
     
    #281     Dec 18, 2003
  2. IFO ind. survey 96.5 est range of est.'s (95.4-97.6)
     
    #282     Dec 18, 2003
  3. Any trading this morning before the numbers?
     
    #283     Dec 18, 2003
  4. Yes, but I got chopped up a little.
     
    #284     Dec 18, 2003
  5. Did you trade on the numbers?
     
    #285     Dec 18, 2003
  6. dpanic

    dpanic

    Mark, Have you always scalp traded the dax, i.e. 4-6 months past when we got more deliberate moves were you still taking the volume of trades you do now or were you staying in more of the trending moves? It's interesting how these markets force you to adapt, I recall not that long ago my typical 1st partial was in the 6-8 point range, now I find myself grabbing 1-2 point here and there hoping for a move to stick it out for a few points in one direction before it starts drifting.
     
    #286     Dec 18, 2003
  7. We just had a move on 25 points
     
    #287     Dec 18, 2003
  8. dpanic

    dpanic

    yep but look at some charts from 3 months ago. totally different type of move. for me the only setup came right before 4:00am and I held off because of the ifo.
     
    #288     Dec 18, 2003
  9. no play "on" the #, but a couple min later bought as we took out the high
     
    #289     Dec 18, 2003
  10. A few months a go I was making fewer trades and holding a little bit longer. I was still scalping but not as quick to take profits.
     
    #290     Dec 18, 2003
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