dji on the top - let's roll down with dax
Updated
While last month dax has gone down dow has gone up and that with US in political gridlock .
dji must go down 900pips to have a proportional move like dax in last month and that if dax is standing still .
So now i'm shorting both until this difference of 900pips comes down to 400pips for tp1 and under 200pips for tp2 .
Expect that dji will not move down so much alone , and to drag dax down too but with much much smaller move for dax .
So tp1 : dji 20700 , dax 12000 ; tp2 : dji 20030 , dax 11800 ; both sl and both trailing sl 200pips .
The advantage is that once started , the downfall will be fast .
The downside is that such a large move needs a large sl too and so a smaller contract size (due to a large sl) and
if you're not already in when you'll see it will be too late .
dji must go down 900pips to have a proportional move like dax in last month and that if dax is standing still .
So now i'm shorting both until this difference of 900pips comes down to 400pips for tp1 and under 200pips for tp2 .
Expect that dji will not move down so much alone , and to drag dax down too but with much much smaller move for dax .
So tp1 : dji 20700 , dax 12000 ; tp2 : dji 20030 , dax 11800 ; both sl and both trailing sl 200pips .
The advantage is that once started , the downfall will be fast .
The downside is that such a large move needs a large sl too and so a smaller contract size (due to a large sl) and
if you're not already in when you'll see it will be too late .
Note
now dji has to recuperate more 1000pips in the opposite direction .Note
Seems that finally down is going dow .Note
now dji has to recuperate more 1100pips in the opposite direction . As anticipated US market have started with some moves down so finally dow will go down too .
Note
Unbelievable - while last month dax/eu has gone down, dow/us has gone up . So now dji has to recuperate more than 1250pips in the opposite direction .Note
no way 1300pipsNote
if crazy dji is going higher and higher with no reason then what if tax/healthcare reform passes ?Note
crazy djy slow and steady up , up , up , up 100pips/day in last 4days .Note
Note
dax30 is in green , sp500 in blue , dji30 in red .Trade closed: stop reached
sl big loss .Note
Correlated or not correlated ? Last night gold had spiked down from 1266 to 1256 in 5min, returned to 1261 in other 5min then between 1260 and 1263 where it rest now , also oil had gone slowly from 49.4 to 49 then spiked up 49.7 where it rest now .
But no reaction from us30\dax30 (future) which are strongly correlated with oil/gold that is with oil (directly) and gold (inversely) .
Also no reaction from eurusd which is strongly correlated with gold/oil that is with gold (directly) and oil (inversely) .
Correlated over long time - obviously , but often broken as it is now - broken !
:agree:
dax30 is in green , sp500 in blue , dji30 in red .
Note
Correlated or not correlated ? Last night gold had spiked down from 1266 to 1256 in 5min, returned to 1261 in other 5min then between 1260 and 1263 where it rest now , also oil had gone slowly from 49.4 to 49 then spiked up 49.7 where it rest now .
But no reaction from us30\dax30 (future) which are strongly correlated with oil/gold that is with oil (directly) and gold (inversely) .
Also no reaction from eurusd which is strongly correlated with gold/oil that is with gold (directly) and oil (inversely) .
Correlated over long time - obviously , but often broken as it is now - broken !
tradingview.com/x/54rAXHoo/:agree:
dax30 is in green , sp500 in blue , dji30 in red .
Note
Correlated or not correlated ? Last night gold had spiked down from 1266 to 1256 in 5min, returned to 1261 in other 5min then between 1260 and 1263 where it rest now , also oil had gone slowly from 49.4 to 49 then spiked up 49.7 where it rest now .
But no reaction from us30\dax30 (future) which are strongly correlated with oil/gold that is with oil (directly) and gold (inversely) .
Also no reaction from eurusd which is strongly correlated with gold/oil that is with gold (directly) and oil (inversely) .
Correlated over long time - obviously , but often broken as it is now - broken !
dax30 is in green , sp500 in blue , dji30 in red .
Note
Will US markets give up and go down ?Note
Yes , this year the fall has came earlier and begun today .Note
s3.amazonaws.com/tradingview/snapshots/6/6239SztR.pngWho needs "nuclear war" fake news , when there is the nuke from US inside ?
US politic war and civil unrest , Trump to 40% and in war with almost all is good enough to nuke US markets .
Also to close the gap between US and EU, dji implosion must be greater to follow dax which was already falling from june 20 .
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