Short DAX at 7740
- Thread starter ASusilovic
- Start date
09:30 EUR German Purchasing Manager Index Manufacturing 55.3 , 57.6 expected.
6189.00 sell again.
Concerning news I missed shorts, I didn't see them so bad, above 50 is still expansion.
However, I went long at 6155 when US news came out. Well, I run out of the market like a scared chicken but it was sucessfull for building confidence,
.It is my first trade on the news where I actually made some money.
Quote from archimg77:
Concerning news I missed shorts, I didn't see them so bad, above 50 is still expansion.
However, I went long at 6155 when US news came out. Well, I run out of the market like a scared chicken but it was sucessfull for building confidence,
It is my first trade on the news where I actually made some money.
Above 50 is still not bad and expansionary, but never forget that markets are driven primarily by PSYCHOLOGY. In the last 3 month, I did not read any financial media outlet commenting about "double dip" recession. Germany´s GDP rising over 3 % yoy and "double dip" talk. Are these people crazy ? Especially the media "experts" are a bunch of clueless parrots commenting bullsh1t.
10:00 EUR German IFO - Business Climate
IFO businessesâ expectations deteriorated for the fourth time in five months...