A note for young players. It looks like we're about to see a classic short squeeze.
Short DAX at 7740
- Thread starter ASusilovic
- Start date
Looking to add to long FDAX position Tuesday. Will add to position on any weakness. ESTX50 should be in the buy zone by tomorrow.
FDAX absorbed a lot of selling Monday. I think the market will hurt these sellers later in the week.
FDAX absorbed a lot of selling Monday. I think the market will hurt these sellers later in the week.
Well don't say I didn't warn everyone. We're now at 7225. I expect this leg up to be at least another 100 points.
Only during the overnight session US, i short European index (and ES1309).
The imbalance is an excess.(be careful when the US will be Masters)
Ciao touti
The imbalance is an excess.(be careful when the US will be Masters)
Ciao touti
Hello Macroman,
Imbalance daily is an excess cause, for me (i'm not the wizard of market), fdax is BALANCEd on the time-frames weekly AND monthly.
So, theirs POCs attract the price, so i short during the overnight session US.
It's different on US markets. So, i buy my down inventory.
Thx.
Sorry for my mistakes of language.
There are imbalances all the time either price- and volume-wise.
FDAX imbalances towards other markets certainly do not disapear over 1 week, ok, they may but usually it takes more, they may be there for multiple months.
Today morning, till 8:25: FDAX skyrocket because there were too many shorts from y'day, I guess. On the other hand some may consider it as a bet on positive ZEW which didn't happen but the trend is your friend.
I wonder how much of fdax volume is automated.
FDAX imbalances towards other markets certainly do not disapear over 1 week, ok, they may but usually it takes more, they may be there for multiple months.
Today morning, till 8:25: FDAX skyrocket because there were too many shorts from y'day, I guess. On the other hand some may consider it as a bet on positive ZEW which didn't happen but the trend is your friend.
I wonder how much of fdax volume is automated.
Hi O u,
i only traded dax 2x in my life so you sure have better idea than me. As markets and ccies move in step, i prefer to trade currencies. However as eu may be in centre of attention for a while, it's the best to trade the root of the market moves. Else although one is right, may still get mediocre move.
your english is just fine
