Short DAX at 7740

xty · Mar 17, 2009

Ass......... what do u think about the 4000 becoming a supposrt on the dax

ASusilovic · Mar 17, 2009

Quote from xty:

Ass......... what do u think about the 4000 becoming a supposrt on the dax

I donÂ´t trade FDAX in terms like "4000" support or "5000" resistance. What I see, is FDAX establishing over 240 min SMA since March 10th. 240 min SMA running at 3986.00.

ASusilovic · Mar 17, 2009

Standard Chartered Plc Chief Executive Officer Peter Sands said the bank had a âstrongâ first two months of the year, joining Barclays Plc and Citigroup Inc. in reassuring investors that the industry is recovering...

bidask · Mar 17, 2009

any particular reason for using 240 min?

Quote from ASusilovic:

I donÂ´t trade FDAX in terms like "4000" support or "5000" resistance. What I see, is FDAX establishing over 240 min SMA since March 10th. 240 min SMA running at 3986.00.

xty · Mar 17, 2009

sorry meant asu................

ASusilovic · Mar 17, 2009

Quote from bidask:

any particular reason for using 240 min?

If you are institutional buyer / seller, do you think itÂ´s useful looking at 5, 15, 30 min chart ? I donÂ´t think so....By the way : 240 min ESM9 at 753.75.

Gul · Mar 17, 2009

Quote from ASusilovic:

If you are institutional buyer / seller, do you think itÂ´s useful looking at 5, 15, 30 min chart ? I donÂ´t think so....By the way : 240 min ESM9 at 753.75.

Hi Asusilovic,
in 240 min what moving averages you use ?

bidask · Mar 17, 2009

i guess you're saying you want a longer time frame. but why 240 as opposed to 300 or daily?

Quote from ASusilovic:

If you are institutional buyer / seller, do you think itÂ´s useful looking at 5, 15, 30 min chart ? I donÂ´t think so....By the way : 240 min ESM9 at 753.75.

uexkuell · Mar 17, 2009

So we are moving guided by that perfect ES triangle.

flyingdutchmen · Mar 17, 2009

Quote from Gul:

Hi Asusilovic,
in 240 min what moving averages you use ?

there is at least one average which will give
significant s/r for the dax on most tf's.
i have one ats based on ma's with promising results.
try some different settings,
it realy isn't that hard to find out what ma
with what period suits best for the dax
depending on your own style