Short DAX at 7740

Quote from ASusilovic:

I wouldn´t short the DAX either. The trend is you friend. And by the way =>

1)The risk of owning corporate bonds dropped by the most in at least three years
2)J&J to Cut Up to 4 Percent of Jobs, Shut Facilities
3) U.S. stocks rose for a second day on better-than-estimated earnings and renewed takeover speculation. ;=)

I could give you some more reasons, but I think that´s enough :p
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but there are mini trends within longer term trends, I prefer shorter term AS
 
Hourly charts ES/DAX (the way I view them) suggest a re-touch of pivot and perhaps more

Divergence based retracement complete ImO, let's see some more downside (please :))
 
Quote from JSSPMK:

but there are mini trends within longer term trends, I prefer shorter term AS
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I like every trend : short-term, mid-term, long-term in FDAX....I like my DAX :p :D :)
 
Quote from ASusilovic:

I like every trend : short-term, mid-term, long-term in FDAX....I like my DAX :p :D :)
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I like it 2.

5 min signal that pulled me out of the red and I am grateful to it :)

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1550972>
 

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Short 3 off 30 min chart

Scaled out 2 +10.5

bombs away

3rd +23.5

wouldn't be surprised to see it crash through S1, but I saw some mixed signals and locking profit seemed a sensible thing to do.
 
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