Short DAX at 7740

Quote from ASusilovic:

IFO numbers at 10 a.m. CET. Cool V-Shape formation yesterday. : cool : Bounce in ES related to rate cut hopes next week. Could be a nasty sell-off, if FED keeps on hold. FDAX looking for 7940 / 7950 area to short.
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Have to reconsider short entry. Might be too early. ES opening with downside GAP. Always good for some surprise.
 
Quote from younouss:

interesting correlation with JPY currencies
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Well...it correlated with the way I view histogram :)

TA patterns to a trader are like certain kicks and punches to a fighter, first comes pattern recognition or 'which ones are worth implementing', then comes automation by way of investing hours and hours of real-time screen time, then comes wisdom of knowing when not to do a thing :)
 
Breaking News :

CHINA
Growth rate slows
China GDP still rising over 11%, but down a bit vs. last quarter.

Down a bit!??? I am impressed ! Ha, ha, ha...
 
Quote from Spectre2007:

nice chart for you guys.
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Chart certainly looks like a continuation of bull in the making, it's my second attempt at a swing long again using same amount of puts as insurance.
 
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