Short DAX at 7740

[shaked]

Long Fdax 7551( fibo 50% for last move 7520 - 7581 + daily PP )

 

[shaked]

Quote from shaked:

I'm sorry, english is not my born language, what is WTG ?

Stop move up to 1375.

ES second half stoped ( +4 )

Fdax stoped ( -10 )

 

[younouss]

stopped fdax...

 

[younouss]

buying fdax 7446

 

[Topsurfi]

I would be very carefull with short positions because I smell an emergency rate cut. Fed is way behind the curve and Bernanke would maybe follow Greenspans footsteps and anounce a rate cut BEFORE the meeting. Today would be good timing, shorts would get toasted.
Anyway we will get 75 point cut in January, thats nearly sure.

Phil

 

[RedDuke]

What a great morning and a good way to end the week (i only trade opening hours).

 

[younouss]

Quote from younouss:

buying fdax 7446

sold half 7472

 

[JSSPMK]

Quote from JSSPMK:

I am trying to fade that move now

It's interesting how 2 almost identical set-ups happen 2 days on a trot.

Wednesday

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1751296>

Thursday

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1752172>

 

[Lorenzo]

I find the range bars very useful to scalp/daytrade the DAX

 

[younouss]

Quote from younouss:

buying fdax 7446

flat 7508