DDE40 these markets have been so kind, you know for the last 2 months every time there was big news and events id say "nah im skipping because chop" then i check in the evening and i see absolute clarity and then im enraged. now ive learnt to just try anyway and what signs to look for if chop indeed. and in recent memory market has not chopped except in its usual times or around the drop. bowing out for the rest of the week, goobye and gooluck
DDE40 imo the daily is a pattern i trade on 5 min charts. its long unless its broken. ofc im not saying im long here with a 250 point stop, no. just a blessing to be a scalper most of the time, i do question it sometimes but imagine sitting in mad profits and then in a few hours you get half evaporated or even stopped for 0. like how you know without monitoring PA. following the same logic, for this market to really continue making new high , todays daily candle should be a nice green closing on its highs, otherwise its range bound or downward momentum continues
DDE40 Today learnt, I have. scalpers heaven, I have finally learnt to not bet on breakouts in DAX on days of high impact news. I have blown hundreds in the afternoon session of london in the past.
DAX It feels unlikely that they are going to reach a deal right now without any fuss about Trump trashing EU, doesn't it? Also DAX is at very high levels, so feels like it's time for some retracement since the April rally.