Short DAX at 7740

We had an up day with very low volume. In fact I would prefer to be short if I had to choose. Look at how I see the DAX. Maximum upward potential is 7600 at the EMA(50). Should it close above, regard the trade as a failure.
 

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Quote from Marcell:

We had an up day with very low volume. In fact I would prefer to be short if I had to choose. Look at how I see the DAX. Maximum upward potential is 7600 at the EMA(50). Should it close above, regard the trade as a failure.
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Well, the volume is not that bad, i wont say "very low" actually it's above 130k+
7600 is good target and a great R. Dax is in the middle of this range 7400/7600.

The strange thing is the drop of the volatility compared to stoxx or es... The stoxx made a new high this aftn (european time) dax was just below its high of this morning...

I still keep my long as my average cost is pretty low.
 
Quote from ASusilovic:

Very easy to give them a lesson...hedge your position and long FDAX...and while prices might see some lower levels hedge again and average your longs...

cost of hedge in relation to your longs must have sense, that´s why I am deploying "dynamic" hedging...

Very successfull strategy by the way...for years...:p
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FDAX 7506 ( 1756 lots stopped / 1 MINUTE ).. I think they have learned their lesson...:D :D :D
 
Quote from younouss:

Guten Morgen

Buying 7427 and kept yesterday's long position. target remains 7512.

:cool:
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sold the position bought this morning and 2/3 of yesterday long, thanks to the spike! I have a stoploss under 7450 for the rest.

I need this spicy vodka...
 
Quote from younouss:

sold the position bought this morning and 2/3 of yesterday long, thanks to the spike! I have a stoploss under 7450 for the rest.

I need this spicy vodka...
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Na zdarovje ! :D
 
Quote from ASusilovic:

Remember ? Golf, Vodka, tea ?...Worked fine today ! :p
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ok but I can't combine all these... let's play golf first... Now it's time for a vodka.. Cheers from Dubai!
 
Quote from younouss:

sold the position bought this morning and 2/3 of yesterday long, thanks to the spike! I have a stoploss under 7450 for the rest.
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I'm closing my long position here.
 
Quote from younouss:

I'm closing my long position here.
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Hmm...I am long 7440.00 and ready to buy some more....we may see 7400.00 again...doesn´t matter...I am a buyer anyway...
 
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