Short DAX at 7740

Quote from ASusilovic:

Magic mathematics. :) Sorry, can´t get into details.
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ok, it is not difficult once you know when is something bought or sold. One just need to keep track of all trades.
 
Quote from archimg77:

If you are sure it is bull why don't you buy on dips.

I also believe we are in bull however
- european production all over europe dips
- german wpi dips, I guess based on strong eur.

We need to go down before christmas, :-).
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because my so called edge (HA) tells me to short. short copper (HG) too.

actually, this has worked out ok so far, though prolly should have taken some off when we broke 6700, as a bounce was predictable- didn't expect this much. i deny myself a lot of gains taking 50,60,80 points and leaving 150-200 on the table, so i stayed disciplined. of course, this time it will head to new highs!

i've traded around this a bit though, so my basis is 6801.

still, i find it amazing that the dollar drop was 95% correlated to this big move up (DAX and HG), yet EUR.USD went from 142.8 to 136.7 with no real commensurate move in either. frustrating to say the least.
 
well, gold down to 1386, EUR.USD broke 1.36, shanghai down 4.25% right now and ES down 1%. so... obviously the DAX will open UP and take out it's year high!
 
Quote from Alexandre:

let's see how much firing power the bulls have left, can they bring it back 6690?
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Ha, don´t forget: start of new POMO operations from FED today....tripple the size of former POMO´s...In the next 20 days, 19 POMO operations. That´s really "encouraging"...
 
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