Short DAX at 7740

Quote from ASusilovic:

JSSPMK,

clear message early in the morning...take a look at 3 min chart...5000 lots enough for a 40 point move...simple ALGO trading...

yes, I saw it in a different way, 1-2 minute charts bullish histogram and helped by Asia rally back to TL.

Short 3 off 23.6% + R1 is very near

You know AS, I get this gut feeling that all these majors are just waiting for one of them to start selling their portfolios of whatever so the rest join in

-4

Short 3 near same entry

Scaled out 2 +10
 
Quote from JSSPMK:

yes, I saw it in a different way, 1-2 minute charts bullish histogram and helped by Asia rally back to TL.

Short 3 off 23.6% + R1 is very near

You know AS, I get this gut feeling that all these majors are just waiting for one of them to start selling their portfolios of whatever so the rest join in

-4

seems herd like mentality....

hillary.jpg
 
Quote from ASusilovic:

seems herd like mentality....


Indeed, ImO. It's like in retail business, somebody rolls out a new line of clothing and how long before other retailers start joining in on a trend, MP3 players, list is quite massive. GS have the biggest MC, so I would assume they lead and others follow. Any market is open to manipulative activity as long as you have 3 essentials: Enough money, Marketing & Information.

3rd lot trailed above TL +2

Short 3

Scaled out 2 +5.5

Considering good old formula of Buy rumours and Sell News, will we have a rally today towards GS's announcement?
 
Quote from JSSPMK:

Indeed, ImO. It's like in retail business, somebody rolls out a new line of clothing and how long before other retailers start joining in on a trend, MP3 players, list is quite massive. GS have the biggest MC, so I would assume they lead and others follow. Any market is open to manipulative activity as long as you have 3 essentials: Enough money, Marketing & Information.

3rd lot trailed above TL +2

Short 3

Scaled out 2 +5.5

Considering good old formula of Buy rumours and Sell News, will we have a rally today towards GS's announcement?

I think the positive bias today is related to positive GS earnings expectations, but one stand alone earnings report not enough to stem against backdrop of weakening U.S. economy...

...funny enough, almost every U.S. economist and media commentator eagerly predicting recession....
 
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