Short DAX at 7740
- Thread starter ASusilovic
- Start date
Quote from JSSPMK:
You've left me to the wolves, how could you?
Time to drink some Vodka...ha, ha, ha...
Great start into the morning ! FDAX long ! Bought some DAX Call Options and earned some decent money within 15 MIN since FDAX opening ! In effect, I could close my books for today ! What a spike ! But indicators were predicting the move....
That was yesterday's 1 hour chart formation. histogram clearly shows that bulls are ABOUT to come in with market buy orders to initiate momentum to start selling into volume.
Below is today's 1 minute chart. Why was there a sudden rush of buy orders, ImO because of the above, which can only be seen on higher time frame ie accumulation. That's why I am not a big fan of volume analyses, as ImE best positioning is at times of accumulation, when volume can be either high or medium or low, but on most occasions it is very decent when I am offloading my piker positions, whole 3 lots LOL. Beating the crowd is the main objective Buy lo & sell hi, small stops.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1613819>
Quote from ASusilovic:
Great start into the morning ! FDAX long ! Bought some DAX Call Options and earned some decent money within 15 MIN since FDAX opening ! In effect, I could close my books for today ! What a spike ! But indicators were predicting the move....
Nice bonusen towards de weekendstein