Short DAX at 7740

[archimg77]

today, I got handome hours of watching price action

 

[archimg77]

I hope you made money today.
I didn't I guess I missed something.

 

[ASusilovic]

The joke de jour :

http://www.londonstockexchange.com/...ndices/summary/summary-indices.html?index=UKX

The most indebted country in the world closes positive after 83 GBP billion in spending cuts announced. In what sort of idiotic world are we living in ?

 

[ASusilovic]

Selling some more FDAX MOC.

French/German PMI release tomorrow and some other nasty "figures".

 

[archimg77]

Quote from ASusilovic:
Selling some more FDAX MOC.

naked or with calls?
I had did spread FTSE/DAX and it paid off.

 

[archimg77]

Quote from ASusilovic:

Selling some more FDAX MOC.

French/German PMI release tomorrow and some other nasty "figures".

Maybe, I'll believe when I see the numbers
Chinese news are on tap.
As I see it China saved the bull run, if it went 2-3% down it would be another story.

 

[Full Tilt]

once again, China gives a head fake and looks like it's going to end positive. more troubling is EUR.USD. hoping for a failure at 1.40, but if it blows through it the 6561 area in the DAX will get plowed thru and seems next stop would be 6625. seems obvious where to put my stop, but i don't want it hunted either. really hoping for some truly shit data out of the eurozone starting in 22 minutes or my short will be toast. what to do, what to do............

c'mon China, prove me wrong and woosh to the downside and take out your lows.

 

[ASusilovic]

French Pmi Services (oct) Comes In At 55.3 Missing Expectations Of 57.5

 

[ASusilovic]

GBP under pressure. Will add to EUR pressure, too.

 

[ASusilovic]

Oct. 21 (Bloomberg) -- Credit Suisse Group AG, Switzerland’s second-largest bank, reported a 74 percent decline in third- quarter profit as lower client activity curbed trading revenue.