Short DAX at 7740
- Thread starter ASusilovic
- Start date
JSSPMK, if prices are at crossroads, why do you "MUST BE" invested ? Just stay at sidelines until picture clears up...For now, I am also reluctant to set up intraday positons...just wait, see and drink some tea ( as substitute for some premium Vodka )...
Quote from ASusilovic:
JSSPMK, if prices are at crossroads, why do you "MUST BE" invested ? Just stay at sidelines until picture clears up...For now, I am also reluctant to set up intraday positons...just wait, see and drink some tea ( as substitute for some premium Vodka )...
Well, at the time I chose to be short and accpeted a loss, right now I am just daytrading, that was before and after kind of chart. Seriously looking to get a stradle out though.
What are your thoughts looking at daily chart, I don't know whether you analyse daily or not?
It does make sense to re-short daily chart based on high price re-test, I just can't manage large stops due to leverage.
hi there
the Fdax was under the 28 day MA for 5 days and it broke it on the 30/08 and confirmed with a huge gap on last friday. I think it became bullish again with a 1st target around 7730 and 7770 and 7825 in sight.
Today's session is not really interesting as US are closed.
Anyway be careful with your short.
Y
ok this is my 2 cents analysis
the Fdax was under the 28 day MA for 5 days and it broke it on the 30/08 and confirmed with a huge gap on last friday. I think it became bullish again with a 1st target around 7730 and 7770 and 7825 in sight.
Today's session is not really interesting as US are closed.
Anyway be careful with your short.
Y
ok this is my 2 cents analysis
Quote from younouss:
hi there
the Fdax was under the 28 day MA for 5 days and it broke it on the 30/08 and confirmed with a huge gap on last friday. I think it became bullish again with a 1st target around 7730 and 7770 and 7825 in sight.
Today's session is not really interesting as US are closed.
Anyway be careful with your short.
Y
ok this is my 2 cents analysis
You could be right Y and GL to you if you are going to lay it out on the long side, I am done with futures swing trades, I will be better of via option plays. Obviously still daytrading futures, 3rd lot stil short 7684.5.
3rd covered + 8.5
Long 3
-3.5
Long 3
Quote from younouss:
hi there
the Fdax was under the 28 day MA for 5 days and it broke it on the 30/08 and confirmed with a huge gap on last friday. I think it became bullish again with a 1st target around 7730 and 7770 and 7825 in sight.
Today's session is not really interesting as US are closed.
Anyway be careful with your short.
Y
ok this is my 2 cents analysis
We are also running into DAILY upper Bollinger Band zone and as US is closed expect some sideways action...So, good time to spend some money ! I am leaving for today supporting global economy and spending some hard-earned bucks => shopping ! GL+GT