Short DAX at 7740

Quote from JSSPMK:

AS, a buying opportunity for a swing?

Fuck me, what a turnaround, wicked!

That's why DAX is such a great daytrading/scalping future, we, retail traders, can make extremely good returns riding just part of the range that DAX average daily oscillations offer.

JSSPMK, I am already on vacation and for the further next two weeks ! I have hedged FDAX and I am long, eagerly waiting for some further dip buying opportunity... There are so many retailers short the markets because of all this "credit crunch", subprime-mania - and as always it will be proved that they are on the wrong side of the fence ! GL + GT for all of ET! Now I am going to take a nip of this formidable Premium Vodka they are offering here...he, he...:D :D :D
 
Quote from JSSPMK:

almost 3rd lower peak present and divergence based retracement to mid range has been achieved

Short 3

possible 4th failure swing (1 min)

should get lower now

I'll either get blown out or not, 5th failure now

Scaled out 2 lots +7.5

----> S1?

or basing near pivot

it does look like bulls are trying to work a bullish DB on 2 minute chart, staying short 1 lot for now


3rd lot covered +40

Gross +70.5
 
Quote from ASusilovic:

JSSPMK, I am already on vacation and for the further next two weeks ! I have hedged FDAX and I am long, eagerly waiting for some further dip buying opportunity... There are so many retailers short the markets because of all this "credit crunch", subprime-mania - and as always it will be proved that they are on the wrong side of the fence ! GL + GT for all of ET! Now I am going to take a nip of this formidable Premium Vodka they are offering here...he, he...:D :D :D

excellent, have a good one!
 
Quote from JSSPMK:

almost 3rd lower peak present and divergence based retracement to mid range has been achieved

Short 3

possible 4th failure swing (1 min)

should get lower now

I'll either get blown out or not, 5th failure now

Scaled out 2 lots +7.5

----> S1?

or basing near pivot

it does look like bulls are trying to work a bullish DB on 2 minute chart, staying short 1 lot for now
 

Attachments

Short 3, off 5 minute chart, OK potential to set-up 2nd lower peak and could be double top on shorter term chart

-3.5

Short 3

-0.5

short 3

-3.5

short 3

-2
Short 3
 
scaled out 2 lots +10

3rd b/e

Still in downtrend on longer term charts, 3 min chart about to form a possible triple divergence, watching 1 min chart now (already 2nd lower peak on 3 min)

Short 3

scaled out 2 lots +6

we got 3rd lower peak, tiny one

centerline cross now hopefully for some momentum acceleration
 
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