Short DAX at 7740

[David M]

went long for the day @4670 .. looking for 4720-4740

 

[David M]

covered half 4705 ... other half letting run with TS

 

[ASusilovic]

4724.00 pivot.

 

[David M]

Quote from ASusilovic:

4724.00 pivot.

ye exited my positions for now ... dont like the PA on the pivot for now.

 

[David M]

also UK comming up in 30 mins with the CB Leading index, the dax pretty much follow the FTSE today ... so staying out until the announcment and will decide a trading direction from there.

 

[David M]

Quote from David M:

ye exited my positions for now ... dont like the PA on the pivot for now.

EDIT:

Seems like also the pivot acted as a major resistance point for now ... as for now 10 points lower from it ...

 

[ASusilovic]

Deutsche Bank, Barclays upped at Morgan Stanley

 

[David M]

ftse no reacting to the economics ... going short at 4730

 

[David M]

Quote from David M:

ftse no reacting to the economics ... going short at 4730

and out for 15 points ... was a fun ride ....

any hindsight's from the pro's ?

 

[Topsurfi]

Goldberg vom Cognitrend just presented the latest numbers in NTV. There was never such a bearish sentiment in their survey in Dax.
He is convinced about a massive short squeeze coming.