Short DAX at 7740
- Thread starter ASusilovic
- Start date
Quote from JSSPMK:
hedged?
From what I see hourly chart's MACD has crossed centreline downwards, but histogram, which ImO offers better win rate in general, is below the centreline and now on 3rd rising dip, so to me that means caution if short, as price can go through stops very sharpish, hence I asked whether you are hedged, apart from that I have no idea obviously reasoning behind short, but would like to know
Sorry for answering late, have been pretty busy yesterday ! I remember this pattern to occur several times before in FDAX ! Did you observe FDAX not moving with ES yesterday ? ES falling 9 points , FDAX stable like a German oak ! There has been massive "backing" around 8020-8025 level. As FDAX breached these levels, I thought for a "momentum" trade...Didn´t work out as considered...
But now it´s working....FDAX 7988...
I think I take some profits....
Quote from younouss:
Sorry for the delay...
The other day I posted a comment from one of the leading German asset managers here, Klaus Kaldemorgen. He´s the managing director of Deutsche Bank´s mutual fund affiliate DWS. The guy predicted he does not think DAX will see new highs this year...Whether he is right or wrong remains to be seen -as I am mostly sceptic about "experts" predicting tops or bottoms...
Quote from younouss:
Sometimes it´s really funny how it works ! Yesterday I have been a buyer of 8200 ODAX Calls....
Quote from ASusilovic:
The other day I posted a comment from one of the leading German asset managers here, Klaus Kaldemorgen. He´s the managing director of Deutsche Bank´s mutual fund affiliate DWS. The guy predicted he does not think DAX will see new highs this year...Whether he is right or wrong remains to be seen -as I am mostly sceptic about "experts" predicting tops or bottoms...
"Trade what you see"
