Short DAX at 7740

Too good, I am smelling sort of bullsh.it action in FDAX before it happens. Stopped out with a decent gain and simply entering an option strangle.

Some desks in London have to be very careful today otherwise there will be some whimpering tomorrow if Shanghai continues with sell off.

Normally, the guys in Shanghai are well informed if the Chinese government is preparing a major "surprise announcement".
 
I woke up and wow Im glad I was long the dax, just wondering if I should hold for 5300, later in the day or take profit here, feeling kind of greedy here!
 
Quote from Yrutman:

I woke up and wow Im glad I was long the dax, just wondering if I should hold for 5300, later in the day or take profit here, feeling kind of greedy here!

Trailing stop in place ?
 
Quote from ASusilovic:

Just my observations lately in FDAX:

lately some "agent provocateurs" operating. Trying to hit stops for trend following "machines"...

I agree the morning action was quite suspicious and then the run-up.
 
Daimler rose as much as 5.6 percent in Frankfurt trading. Government-funded rebates in Germany, France and Italy have helped stem sales declines this year after industrywide deliveries in Europe dropped the most in 15 years in 2008. Mercedes-Benz’s share of the European auto market, its biggest, slipped to 4.1 percent in the first half of 2009 from 4.5 percent a year earlier as the incentives helped mass-market producers more than luxury manufacturers.

Daimler = European sponsored government-funded "rebate" car manufacturer...
 
Quote from ASusilovic:

Now is a good time to enter some strangles. FDAX 5282.00.


August expiry?
My breakeven for AUG 5250 stangle is 5420 or 5080. I guess it is not a good price!

I entered short term put on CAC + long CAC.
 
I'm wondering what all this manipulators would do with Durable goods -2.5%.

I left put on CAC, I got it for free and strike is 3380.

Forgotten to say run baby run ...
 
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