Short DAX at 7740

Quote from gangof4:

another nice trade. don't know how you do it. i have had so many unrealized gains turn to losses in the DAX that i can't seem to bring myself to hold thru the big moves- even when my target is well beyond where i end up selling (those are the ones that usually turn on me!).

anyway, i bought a bit b4 you did and managed 47 points- that was VERY patient of me. kicked myself for not holding (story of my trading life), but, given all the bad beats i've had in the DAX of late, i just couldn't let a 47 point gain slip away.

Patience is a good warriors art ! :)
 
German exports fell 4.4% in January on a calendar and seasonally adjusted basis, with imports falling 0.8%, the Federal Statistics Office reported Tuesday. Against the prior year, exports fell 20.7% to 66.6 billion euros ($84.6 billion) and imports fell 12.9% to 58.1 billion euros. The foreign trade balance showed a surplus of 8.5 billion euros in January 2009. The current account of the balance of payments showed a surplus of 4.2 billion euros in January 2009, according to provisional data from the agency.
 
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