GER 40 Trade Log
GER40 Short Position (Discretionary)
Rationale:
- Overextension: The GER40 index appears significantly overextended without substantial fundamental support.
- Rising German Bond Yields: An increase in German government bond yields suggests a shift towards higher borrowing costs, potentially impacting equity valuations.
- MACD Divergence: A notable divergence between the MACD indicator and price action indicates a weakening bullish momentum, often preceding a trend reversal.
- CVD Divergence: Divergence in the Cumulative Volume Delta points to a disparity between buying and selling pressures, signaling a potential downturn.
Trade Details:
- Position: Short GER40 via market order
- Risk Management:
- Risk per Trade: 1% of trading capital
- Risk-Reward Ratio (RRR): 1:2
Note: This trade is discretionary and anticipates a sharp correction at market open. Despite the lack of a formal signal, the confluence of technical indicators and macroeconomic factors supports this decision.
Rationale:
- Overextension: The GER40 index appears significantly overextended without substantial fundamental support.
- Rising German Bond Yields: An increase in German government bond yields suggests a shift towards higher borrowing costs, potentially impacting equity valuations.
- MACD Divergence: A notable divergence between the MACD indicator and price action indicates a weakening bullish momentum, often preceding a trend reversal.
- CVD Divergence: Divergence in the Cumulative Volume Delta points to a disparity between buying and selling pressures, signaling a potential downturn.
Trade Details:
- Position: Short GER40 via market order
- Risk Management:
- Risk per Trade: 1% of trading capital
- Risk-Reward Ratio (RRR): 1:2
Note: This trade is discretionary and anticipates a sharp correction at market open. Despite the lack of a formal signal, the confluence of technical indicators and macroeconomic factors supports this decision.
Trade closed: stop reached
And this is something I'll journal: "You retard, why on earth would you trade without price confirmation..."
Fondera | Data-Driven Trading Excellence
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
Fondera | Data-Driven Trading Excellence
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
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