Blue Monday DAX Strategy: Monday Morning Gap Entry and Timed Exit

Summary

This DAX trading idea opens a long position on Monday at the specified morning entry time if the current price is more than 50 points above the previous day’s close. It exits at a preset time later that morning and sets a 50-point loss stop. The code also sets the position size to 25 contracts, so the example is a defined intraday rule based on weekday, opening price movement, and time-based position management.

The author characterizes the idea as producing few trades and suggests it appears profitable, but gives no trade history, backtest statistics, market period, or execution assumptions to support that claim. The fixed point thresholds and schedule may depend on the instrument’s contract specifications and market regime. The document does not describe short trades, a profit target, slippage, or how the stop behaves around gaps. Its rules are specific enough to test, but the text alone does not establish an edge.

Key ideas

• The strategy considers long entries only on Mondays at a preset morning time.
• Entry requires the market to exceed the prior close by more than 50 points.
• The position closes at a preset time and uses a 50-point loss stop.
• The example specifies a 25-contract position size.
• The author claims few trades and apparent profitability but provides no supporting performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.