Short DAX at 7740

[JSSPMK]

3RD lot went to b/e

Here is daily chart, any thoughts?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1570531>

 

[JSSPMK]

short 3

scaled out 2 +15

could get 3rd lower peak to complete bear flag

 

[ASusilovic]

Well, I am going on with my dynamic hedge...we are absolutely oversold...7100 ? Might be, but it doesn´t scare me at all...Economies around the world are sound...what´s happening here is just risk adjustment of some market players...that´s all !!!

 

[JSSPMK]

Quote from ASusilovic:

what´s happening here is just risk adjustment of some market players...that´s all !!!

That makes sense

 

[JSSPMK]

Quote from JSSPMK:

short 3

scaled out 2 +15

could get 3rd lower peak to complete bear flag

added 2 lots short

scaled out 2 lots +17.5

latter 3rd lot -10.5

Short 3

-3.5

 

[ASusilovic]

What for a great day !!! Making tons of money ! This is going to be one of my best month ever !!!

 

[JSSPMK]

short 3

scaled out 2 lots +22.5

is that a failure swing there? ES failing to hold 1400 also

 

[JSSPMK]

Quote from JSSPMK:

short 3

scaled out 2 lots +22.5

is that a failure swing there? ES failing to hold 1400 also

+56 on 3rd lot, taking the money here

 

[ASusilovic]

FDAX 7363.00 closing my intraday longs...Have a nice evening !!

 

[JSSPMK]

Quote from ASusilovic:

FDAX 7363.00 closing my intraday longs...Have a nice evening !!

nice trading AS, had a very good day also