Summary Week Ended Friday 31st August 2012

Trades

17 DAX - 21.69 BPS

All intraday trades.


Thoughts


I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE. Dax volatility was subdued this week, but it made a big move to the downside on Thursday afternoon (which I missed as I had to go out).

A difficult week, no great trades, but I followed my trading rules.


Lovely example of how first 30 min resistance becomes support in the afternoon on the Dax:

Stay disciplined.
Stay focussed.

Summary Week Ended Friday 24th August 2012

Trades

10 DAX + 22.25 BPS

All intraday trades.


Thoughts

Traded five days this week.

Dax volatility continues to be  low this week.


I have decided not to trade the FCR type trades (countertrend after 1500 London time), since this category has a very poor return rate. In fact I shall not trade at all after the 1500 hrs cut off point.

Dax trades broken down by category:

Stay disciplined.
Stay focussed.

Summary Week Ended Friday 17th August 2012

Trades

14 DAX + 17.3 BPS

All intraday trades.


Thoughts

Traded five days this week.

I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE. Dax volatility was very low this week, range on Friday was under 35 points... The index is near the highs it made in March.

A difficult week, no great trades.

I have decided not to trade the FCR type trades (countertrend after 1500 London time), since this category has a very poor return rate.

Stay disciplined.
Stay focussed.

Summary Week Ended Friday 10th August 2012

Trades

11 DAX + 12.66 BPS

All intraday trades.


Thoughts

Traded five days this week.

I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE. Dax volatility was subdued this week last week's big moves.

A quiet week, no great trades.


Stay disciplined.
Stay focussed.

Summary Week Ended Friday 3rd August 2012

Trades

9 DAX + 44.29 BPS

All intraday trades.


Thoughts

Traded five days this week.

I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE. Dax volatility was huge this week after Mario Draghi disappointed the markets on Thursday.

A better week, although I missed the HUGE crash on the Dax.

I have to concentrate more on the LONG side, that's what I do best.



Stay disciplined.
Stay focussed.