Longterm Short after opening gap for DAX "Ger30" same scenario with CAC "CAC40" Remember to follow French Presidential Elections Events at North Korea etc.. Take Profit at Previous Swing LOWs appx 9400s SL- With relatively safe trades .... who needs SL when at worst scenario you can hedge :p
May get reversed at centre line, may not.
SHORT @ Xetra Open - Stop Loss 0,9%. Happy Trading
UK100 (FTSE) has climbed above it weekly trading channel again this week. The losses that we saw about a month ago almost erased completely. As I see it, there are two bearish scenarios that I find interesting in UK100: 1) False Break scenario - Will be triggered if UK100 will decline and close below 7200. Currently we see a daily double top pattern near 7300,...
DAX DAY TRADE System SHORT @ Xetra Open Stop Loss 0,9% Happy Trading
Price has been in a correction for a while after a sharp impulse to the upside, and it's pretty clear that after finding good support at the sliding parallel of the upsloping pitchfork, it broke above the corrective structure. The ones who are comfortable with a sl below last swing, may enter the market at the current level. Otherwise just wait for a flag in the...
"Missed" the Trump rally.......that's how it goes sometimes....no big deal...still have my money and that's most important :-) Short order got hit at 12.070, it's a small order, we may see 12.170 first....Markets are extended but can get even more extended :-) It's a small position so have SL that is far away, so I let it ride for a while......Let's...
Max 12030ish for this run..I think ATH possible in next leg up
This is a short term forecast. I expect the DAX to climb higher and take out the 2015 highs later at some stage. Trade with your own proven strategy! Abide by your stops!
~ Hourly diamond formation on the german DAX. The daily trend is upwards, climbing to the top of a canal. I will wait for the breakout though as any good trader would, and would indicatively state 11960 as a target if bull breakout, and 11540 if bearish breakout. Cheers ;)
I would take profits off the table here.......Euro close at st bottom...