Rollover futures weeks until friday 20 September (current Quarter expiration) always an headache for me.
Historically market moves are on typically ups and downs where BigGuns close their old position at best high prices (if they are longs) and open the new ones at lower prices on new Futures expiration ....and viceversa if they are short.
As I wrote I will start for these 2 weeks a temporary journal on a couple of experiments:
OVERNIGHT: to try to catch the big moves that sometimes or better say often happen while DAX is sleeping.
Updated every 4/5 hours around crucial moments of the day for FDAX and DAX too: 8/9CET, 13CET and 17:30CET.
Stops will be larger but will take into account an M20 or M30 close below stop price.
INTRADAY: to better catch market moves into traditional European hours. I will put here a rigid fixed stop loss, not linked to TF close.
So let's go......
Historically market moves are on typically ups and downs where BigGuns close their old position at best high prices (if they are longs) and open the new ones at lower prices on new Futures expiration ....and viceversa if they are short.
As I wrote I will start for these 2 weeks a temporary journal on a couple of experiments:
OVERNIGHT: to try to catch the big moves that sometimes or better say often happen while DAX is sleeping.
Updated every 4/5 hours around crucial moments of the day for FDAX and DAX too: 8/9CET, 13CET and 17:30CET.
Stops will be larger but will take into account an M20 or M30 close below stop price.
INTRADAY: to better catch market moves into traditional European hours. I will put here a rigid fixed stop loss, not linked to TF close.
So let's go......
I call upon my father's spirit , watching over me