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As everybody expected good numbers (+3.7 ind. production) sell the fact. This is called "efficient" market!

I know that dax depends on auto industry but today there is EU GDP and GER industrial production. GDP terrible but production can surprise. This should help to stay positive today. DAX vs. SMI, I made some backtesting and it seems that there is some way to widen the spread. Today, it...

Given US close it will be even worse tomorrow morning, :-). Buy vol guys !

DAX worst performing index over past days/weeks, it is like emerging market! Was almost 12% down from past top!

I guess market needs some breaking news like defaults or significant overestimation of q2 earnings to turn fully downwards. btw, I like that DAX vs. SMI, somebody could say it is high prob. trade. If DAX dipped over past few days (-1.2% today) and SMI didn't (flat today) maybe it can be...

I guess, if you do spreads between es and dax. Looking forward to Monday, :-), US didn't move a lot today and Asian stock moved even less, zero correlation. It feels like something is going to happen ... up or down who knows.

I'm wondering how many of you could react on US Non-farm Payrolls and where did you enter/exit? I went long around 5150, which was quite late but believed it would break 5163 but later on I closed at 5155 (luckily) as I could not see it further up. Later on, I didn't expect it to...

I think he is major component of black swans like jumps. Best way to hedge is static hedging, :-).

well, that was nice turnaround from 4800 to 4950, I was not in. I do not know whether I should cry or be happy, :-).

You say we are in the bullish channel so according to it I should say that DAX was underperforming. That was quite a ride for me in ironic sense. Wrong position, doubled position, could not look at it and after lunch I'm out without damage, lucky day ! Now I have to rethink whether to go...

Inverted hammer usually end at the end of long decline. I believe, you wanted to say shooting star. It is up tu US and Asian whether it confirms trend reversal. btw. before your email I never heard of inverted hammer but trying to fill gaps.

I thought that you do pairs ... it is not that painfull. Earning season is almost over and analysts were very negative, economy is weak but we are getting bad but better numbers. Market is still in bullish mode. As we get more and more numbers about economy and maybe some defaults we can...

well, that was very hectic move was selling from 4950 to 4930 and covered 4920. I didn't expect such reaction to us data. Mind, that Tue is the day when the mood changes.

We had overselling period and some buyers got burned we will enter overbought territory where some seller will be burned too. I think we can go quite far, let say 50% fib. from top, good short will be 5850-5900, let say in a 1M-2M time.

I think the expectation was 20 for ZEW Economic "Sentiment" so it is still fuelling. In addition, for Eurozone 28.5, expected 18. ok, ZEW current condition -92,8, expected -90 but this is probably peaking too.

yes, it is, I was all night up working on ASX (and total P&L 12£, :mad: ) then I went to bed for a bit got up too late and DAX had already 3rd cosmic speed.

Agreed. Most of the loses I had were due to overleverage and fear of losing "worthless" money.

Is the expiry of the DAX index options responsible for spike (obviosuly down) at 1pm? I was long DAX 4750 and short FTSE 4379 in the night that I covered when GDP news were out but I did not expect recovery of DAX from that bottom. DAX was going down like meteorit and then it started to...

open: Long DAX 4690 Short FTSE 4331 close: DAX 4700 FTSE 4330 For people like me it is struggle ... today.

piranhaxp: you don't have to close dax at 4725 just long other indices that already consolidated. If you are wrong then you cover both at the reasonable target.