Short DAX at 7740

bought 5396, 5380, 5359
- taking small profits on upwaves, it is working at the moment
still got 5000 puts

I should be short like hell but I'm long like hell.
 
Quote from archimg77:

bought 5396, 5380, 5359
- taking small profits on upwaves, it is working at the moment
still got 5000 puts

I should be short like hell but I'm long like hell.
More...


:-)

Yes taking small profit is the right strategy when you are against the trend.
 
Quote from younouss:

:-)

Yes taking small profit is the right strategy when you are against the trend.
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Yes, I know, I'm stupid, I made mistake in backtesting.
If I just did what I did over past 1/2y I would be few k up rather than few k down, :-).
Nevermind, I'm still in the game and I adjusted to new environment so I'm looking forward to new account highs.
 
Quote from younouss:

Actually, both stoxx and dax have broken the same trend line on day chart.

I feel a bit confused but I can't short this market at this level.
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My guess: it is forced and we go up, :-)?
Or S&P will break trendline as well ?

I would stay flat when directional.
 
Quote from younouss:

Euro$ stopped falling as well.

I'm still looking for long entry levels
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sure, market is changing.
you mentioned US indices, I thought that DJ will break 11100
 
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