5min/1h TrendFollowing on ESTX50, SMI, & GBL

Quote from younouss:

Hi

I think there is not enough oxygen for a long bund. I'm shorting every new highs. stop above 118,15.
the underlying thought is: Ecb will probably keep on increasing rates on € and we had a series of dojies on day charts.

Anyway nice thread! Maybe you can share more about your strategies...

Y
More...

I believe there is room up to 119.55.
Problem is I am getting chopped for days now...
I am down in the Bund since I started this journal,
but I will most probably recover when it gets hot again.
 
Quote from KS96:

I believe there is room up to 119.55.
Problem is I am getting chopped for days now...
I am down in the Bund since I started this journal,
but I will most probably recover when it gets hot again.
More...


Can you pls tell us more about that?
 
Quote from younouss:

I'm surprised about your target on bund @119,55...
More...

We had a double bottom during May-July, and a breakout in August. Next significant resistance in daily charts seem to me to be >119.
The pattern measures up to 119,50+.
I wouldn't bet the farm though... we may first have a correction to test the 117 area, but we don't seem to do so (all lows were bought during the last few days).
 
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