Well done !!! Good n8 !!
Short DAX at 7740
- Thread starter ASusilovic
- Start date
Well done !!! Good n8 !!
Quote from JSSPMK:
come on, we are DAX traders - aufedersein
Ha, ha, ha...JSSPMK...good try, but correctly it´s "Auf Wiedersehen"...
I have to admit a nuance :
Yesterday I had my downward target in FDAX at 7256.00...BUT, I did not want to consider it as a target, because it seemed too far away from market action...especially in observance of Volatility Index...but taking a look at Vola in 1998, it reminds someone that markets can behave even worse. Take a look ( I took some data from CBOE - they have really better figures then EUREX )=>
Therefore, I have to be prepared that it might get even more challenging to accept the right levels of swings....
Source : http://www.cboe.com/micro/vix/images/vix_sp500.gif
Yesterday I had my downward target in FDAX at 7256.00...BUT, I did not want to consider it as a target, because it seemed too far away from market action...especially in observance of Volatility Index...but taking a look at Vola in 1998, it reminds someone that markets can behave even worse. Take a look ( I took some data from CBOE - they have really better figures then EUREX
)=>
Therefore, I have to be prepared that it might get even more challenging to accept the right levels of swings....
Source : http://www.cboe.com/micro/vix/images/vix_sp500.gif
Long 7289.00...
In other words :
"Dip buying has been consistently rewarded lately and it doesn't much matter what caused the dip."
