Short DAX at 7740

Back in town. Let´s see whether this "rally" can move on...


But first of all, good news from Germany :

Bad-Bank-Modell droht ein Fehlstart

Die geplanten Bad Banks des Bundes zur Bereinigung der Bankbilanzen drohen zum peinlichen Flop zu werden. Das derzeitige Modell ist nach Ansicht der Wirtschaftsprüfer völlig ungeeignet, um die Bilanzen der privaten Kreditinstitute zu entlasten. Diese schließen nach Handelsblatt-Informationen eine Teilnahme unter den gegenwärtigen Bedingungen praktisch aus.

http://www.handelsblatt.com/unterne...n/bad-bank-modell-droht-ein-fehlstart;2317080

Hilarious ! LOL ! :D
 
Quote from ASusilovic:

So far 5163 resistance holds, but how long ? Scalping helped me to earn some EUR.

Well I hope we move some points lower from the pivot today. for now 5 Minute suggest we might make it.

EDIT:
Guess the battle has begun, just wonder if we will get a gap fill today.
 
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 break neither todays low not yesterdays close. At the end it bounced from yesterdays low.
We are still in bullish mode, what do you think?
 
tried to enter long this morning at 5084 but didn't get executed after a few contracts got traded at that price.

Didn't do anything until after the numbers. Tried to go long at 5124 after the numbers on early retrace but again didn't get executed.

Went short a few times during the leg down and scalped a few.

Done for the day.

Frustrated but up.
 
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