Take a look at 5 min SMA. If you believe that one single market player is able to hold FDAX exactly along SMA, you muts be the foolest trader around .
Unbeliavble, but true.
Unbeliavble, but true.
Short DAX at 7740
- Thread starter ASusilovic
- Start date
For me it's still not clear what how they are counting this overall price action. Seems to me we finished the "4" with my worst case correction target 5270 and are continuing to finish the final "5" in the upmove up to (at least one tick above 5578.5) 5600.
But I didn't expect this upmove with light volume so I have to wait on the sideline since 5420. I thought we had seen a "FAILURE 5" with a new impulse on the downside as a "1" @ 5270 and an "abc"-correction as "2" up to 5420. You can compare it with my earlier posts.
If I count it right we should now see the "1" of 4 (maybe with stops above 5578.5) and 5600, then a correction back dn to 5520 and then 5680 and so on as a possible NEW "Final 5" ;-)
Good luck for everyone.
Kind regards
But I didn't expect this upmove with light volume so I have to wait on the sideline since 5420. I thought we had seen a "FAILURE 5" with a new impulse on the downside as a "1" @ 5270 and an "abc"-correction as "2" up to 5420. You can compare it with my earlier posts.
If I count it right we should now see the "1" of 4 (maybe with stops above 5578.5) and 5600, then a correction back dn to 5520 and then 5680 and so on as a possible NEW "Final 5" ;-)
Good luck for everyone.
Kind regards
FDAX opening with a GAP FDAX in a recessionary environment ? BUAHAHHAHAAHAHAHAH ! Strong sell 5623.00 or better and sell as much you can, i.e. every volume you can get above 5600.00. Risk free money !
Sure, I can understand Goldman Sachs criminal minds.
Ok, exit 5566.00-5569.00 and below. Expecting to load up again if criminal minds move FDAX above 5616 again.