DAX Index forum
GER30 if you followed my thoughts, it was a perfect PA, 110 short stopped and flipped long, only i wish i went bigger, doubted myself as per usual, "if my spine dont work then my dick dont jerk"
DE40 5M bull flag (or, if you like, distribution/accumulation range), or EW 4.
DE40 Well this is a total and utter waste of time. Going to look somewhere else.DE40 And Shenanigan's is open again for the usual drunken price action.DE40 That continuation pattern (bear flag) worked out good. The art is to get in at 1, reverse at 2, and out at a. I also took as a last trade yesterday a short from a to a1 for 70 points x ???. a, b, and c all resistance testing.That last trade was a very high confidence trade, hence a lot of $ per point were used.
This is pure PA trading with indicators only for support and confirmation (I won't show which indicators and setup I use).
Of course, this is after the fact. Be sure, however, that at each reversal I was there with my finger on the trigger.
Let's see if a wedge is formed today or will it be a Fibbies day?
DE40 Getting pathetic again, ATR down to a couple of points on a 19K index. One signs up for this business because of the dynamic nature, the action, the excitement. What do we get? Quants and accountants nit picking on a decimal.GER30 so long as 19100 doesnt break i remain short, if US rallies with no closes above there but a test i will add to short. a weekly close below pwlow and im saying 18700s first and from there we take it
DAX i guess dax topped out, shameDE40 I was expecting it to go up but sometimes, most times in my case, you have to change your mind.
DE40 15M building of continuation pattern