Short DAX at 7740

When I saw morning action I started to worry.
I even went long 6309 on and expected to take out 6330.
Well, there was a peak but I didn't have limit and it was outside my reaction time, :-), closed 6315 for whatever reason.

It looks like short side played it very well.
I know it is not over yet but I'm fine for today, I can go up again.
 
Quote from macroman:
Sorry, should explain, I am not short DAX right now but short other indexes. Reasonably safe to assume they will move in sync, especially down. My longerterm signal arrived and loaded first part of the position slightly below current levels to test.

Sure, it is quite reasonable to assume that they move in sync.
There are exceptions, Nikkei vs. S&P for example. I know it can have some fx or economic reasons but I completely agree. Btw. DAX is not my best money generating index, :-).

However, I'm not very negative about economy, ECB/BoE,FED props inflation and we will have inflation, it will be gradual but it will come.
This also answers Alex's question, yes, I believe inflation will come.
 
Quote from ASusilovic:

Lat print 6273.00. What a dirty game of some professional A$$HOLE$. This is typical US desk bullsh1t...

What did you mean by dirty game?
Buying at that level or just showing the limit orders?
 
Quote from archimg77:

What did you mean by dirty game?
Buying at that level or just showing the limit orders?

Dirty game = ramping up market above yesterday´s high to hit stops - what else ?

GS sold yesterday 800 lots between 1142-1144 in S&P pit session. They know that we know that this ramp up bullsh1t was a show...
 
Quote from ASusilovic:

Dirty game = ramping up market above yesterday´s high to hit stops - what else ?

GS sold yesterday 800 lots between 1142-1144 in S&P pit session. They know that we know that this ramp up bullsh1t was a show...


Well, I saw that spike and I guessed that it took some stops but I guess you would give stops some leeway, 5- 10 points.

I know, you mentioned GS on ES channel but I guessed they did it much higher, 1150 or so. So they are already loosing money you say.
 
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