Live TA&PA calls
- Thread starter nitro
- Start date
Quote from MadeMan:
well , well
just for the sake of it ...
Playing the DAX @ what is given thus far (H1)
http://i.imgur.com/yZywhto.png
Plan:
Short the break of the actual Bars Low @381,49
Place Stop @457,04 the actual High
Target the lows of the Range @220,50
if the trade goes our way a decision needs to be made
@325,00 ish , to either hold the short position or close it
and reverse (long) .. depends on PA
if the trade goes against us , we have room till 417,30
@ wich we need to make a decision to either hold or fold
to cut the risk , Re-Entry at this level could be possible aswell
that gives us :
Short @381,49
SL @457,04
TP @220,50
OK lets see what we got thus far ...
well after the initial drop , price reacted soemwhat shy of
325,00ish @329 to be precise , but nothing PA wise wich made me
worry or even think of a long at that level , the rallie afterwoulds
wasent scary aswell , as no one followed price any higher ,,
therfore i was confident to keep the short open ...
then came todayas drop torwards our target @220 wich i must
confess was a lil brave (to far).. anyway price reacted around 246
, wich didnt break the lows of 239/230 and therfore , i pull my SL
to BE+ and look to get out on a retest of the actual Low (circled)
and if we form a higher low on the restet and the PA looks good ,
i may take a long position at that level.. well see.. depends if iam
at my desk at that time.. thou
