Short DAX at 7740

Quote from ASusilovic:

Heavy defense from bulls here. 6080 in underlying seems important...
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indeed ... meanwhile some of my quick shorts played out nice on the chop...

got a feeling the bulls will just pierce the speed line soon and will target R1 .... they seem to be very persistent with buying effort.
 
Quote from David M:

indeed ... meanwhile some of my quick shorts played out nice on the chop...

got a feeling the bulls will just pierce the speed line soon and will target R1 .... they seem to be very persistent with buying effort.
More...

Well done for today on dax netted 50 points scalping short/long positions...

dunno where this thing is going today, but upside still seems to be intact just the sell pressure on the range keeps me wondering. and very volatile PA for swing trading.
 
Germany on Thursday reported the biggest monthly drop in unemployment in more than two years, highlighting the strength of its economic rebound, even as the crisis over southern Europe’s public finances escalates.

Seasonally-adjusted unemployment in Europe’s largest economy fell by a much larger-than-expected 68,000 in April to 3.28m, a pace of decline not seen since January 2008. The unemployment rate fell to 7.8 per cent of the workforce – the lowest since December 2008.

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Quote from Alexandre:

it's coming, no worry
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Well hope so ... got some shorts loaded at 40-45 ...


Price over the PP is not making me comfortable though.

EDIT
covered all but 1 contract at 25 ... giving the contract a max of 5 SL of entry ... the PA is to shaky either way.
 
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