Short DAX at 7740

Quote from JSSPMK:

short 3

c'mon sellers for god sake, this is ridiculous p/a

retrace you bastard
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Maybe now.

OK, just had a Volatility expansion - watch for FTT followed by decreasing volume marking the start of the retrace.
 
I wouldn't short the DAX, heck no, look at stoxx 50, ES, etc all up. Why fight the trend? I am looking for a pullback in stoxx 50 to get long. Good luck with that short.
 
Quote from dandxg:

I wouldn't short the DAX, heck no, look at stoxx 50, ES, etc all up. Why fight the trend? I am looking for a pullback in stoxx 50 to get long. Good luck with that short.
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win some, lose some, hopefully win more, I kinda had a feeling that this would be a slow grind trend day, but thinking and trading a semi mechanical system is a different matter, so far I've been doing OK, today is obviously a shitter, we all have them :)
 
Quote from JSSPMK:

win some, lose some, hopefully win more, I kinda had a feeling that this would be a slow grind trend day, but thinking and trading a semi mechanical system is a different matter, so far I've been doing OK, today is obviously a shitter, we all have them :)
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True, true, been there more than a few times. Good luck.
 
Quote from PointOne:

Maybe now.

OK, just had a Volatility expansion - watch for FTT followed by decreasing volume marking the start of the retrace.
More...

To me FTT is seen in rising/declining histogram, on most occassions volume would decrease on 2nd and 3rd thrusts, so why watch it? Then volume comes in with momentum after a break of level, with histogram I am in earlier, basically in before point of break is touched.
 
Quote from JSSPMK:

To me FTT is seen in rising/declining histogram, on most occassions volume would decrease on 2nd and 3rd thrusts, so why watch it? Then volume comes in with momentum after a break of level, with histogram I am in earlier, basically in before point of break is touched.
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Still waiting for the channel FTT.

Getting in earlier than an FTT means you will be turned upside down at first. Better to get in or reverse after the FTT I think. :)

This bar may be it 14:20.
 
Quote from dandxg:

I wouldn't short the DAX, heck no, look at stoxx 50, ES, etc all up. Why fight the trend? I am looking for a pullback in stoxx 50 to get long. Good luck with that short.
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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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