DDE40 lets be real for a moment, market was long pre FOMC. this area is a tp for longs. once again let the PA show you that market moves as it wants, news only accelerates (if at all). now if it reverses and starts closing bears below candles 46-50 (counting NY open as bar 1) then bring 510 and if close bears below there then lower it goes., dont say its because of FOMC. Its because market is the most efficient tool at showing the final price of bulls and bears in the trenches. this is my last post for some time, im going on holidays
German 40 Index forum
GER30 moment of truth loadingDDE40 i dont see reason yet to enter short again, i think it remains sideways for now if not long. but the long requires a stop at the low from an hour ago, and in reality the bear starts if that low starts closing bears down there, so either positions are more likely to be painful than trending or smooth running. if it eventually rises above this resistance then watch 618, 710, 766. im personally in no position and im done for the day, this area requires sharp limit scalping and im too tired
GER40 I would pay attention to this double top..nas100 went already down and as soon as the letter for EU is out this will drop like a stone
DAX Just put in a big short at 24,600 (barrier at 24,700 & around 1M USD position) - let's hope this little shit will correct itself from these insane valuations. Earnings soon, and people are buying into these valuations?DDE40 beauty of scalping :)
DDE40 , some shorted the close of prior 5 min, its justified but in the context of such a rise, i find better risk management in waiting for a drop and a return to "normal" that ends in a disappointment to the bulls to go short
DAX No reason for short, if you sell here, you will do what most retails do and lose. Buy on pullback
GER40 nice price actionđź‘ŤDAX Bullish until August, Trump chickened out again with an extension as usual