Short DAX at 7740

I am simply long based on the expectation that JP Morgan and Goldman will care about this rally to carry on.

Earnings Calendar :

JP Morgan reporting 14th, Goldman 15th.
 
Quote from ASusilovic:

I am simply long based on the expectation that JP Morgan and Goldman will care about this rally to carry on.

Earnings Calendar :

JP Morgan reporting 14th, Goldman 15th.
More...

Yeah, I was short for more than a month now and I can tell you it was tough.

Given recent trendline buying I moved myself into long position too.
I'm tired of bleeding money.
 
Quote from archimg77:

Yeah, I was short for more than a month now and I can tell you it was tough.

Given recent trendline buying I moved myself into long position too.
I'm tired of bleeding money.
More...

really.....more than a month and still not in green ?
 
Profit taking time. Taking some longs off the table. Too much of USD weakness buying. :p

Dollar Falls To Fresh 8 Month Low Under Y88.23. That's not good for Japan and the export industry.
 
Quote from ASusilovic:

Profit taking time. Taking some longs off the table. Too much of USD weakness buying. :p

Dollar Falls To Fresh 8 Month Low Under Y88.23. That's not good for Japan and the export industry.
More...

well, I think it is going to last highs and maybe break resistance levels.
 
Quote from ASusilovic:

Profit taking time. Taking some longs off the table. Too much of USD weakness buying. :p

Dollar Falls To Fresh 8 Month Low Under Y88.23. That's not good for Japan and the export industry.
More...

thought EU GDP just came in worse than expected
 
Quote from ASusilovic:

Profit taking time. Taking some longs off the table. Too much of USD weakness buying. :p

Dollar Falls To Fresh 8 Month Low Under Y88.23. That's not good for Japan and the export industry.
More...

btw. idea buy Nikkey, sell Dow, buy dollar.
 
Quote from xty:

earnings play or just gut feeling?
More...

gut feeling and earnings will be as confirmation, :-).

past few days there is a steep trendline and it usually penetrates resistance.

As Asul said, we wait for bank earnings.
 
Quote from xty:

thought EU GDP just came in worse than expected
More...

given gdp calculation method 0.1% is certainly within accuracy.

Hey, lets decrease gdp by 0.1% and then next quarter improve by 0.2% that we see a dip in gdp.
This will help to improve spending that is still missing in the recovery.
Well, if I've got no job, I'm not going to spend, am I?
 
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