Short DAX at 7740

[Alexandre]

Quote from Alexandre:

still short from 7506, stop moved to 7460, will let this one run for the time being

flat at 6936

 

[archimg77]

Quote from younouss:

ouch 6860....

bought small position 6926

I missed that ... had tea, otherwise I want crash I have lots of cash ...

 

[Runningbear]

Licking my wounds from Monday. 7000 was major support, which we took out. I expect we'll see a rally back above 7000 then possibly I return to new lows.

To be honest, I was fully expecting this down move, but I just didn't think we get it this early in the week. I thought it would come after a two or three days of strength.

I'll look to exist my long on the first rally.

 

[archimg77]

whatever ...
I was not expecting that we will cross 7000 not even 6900, .

fdax can go lower but how low until it reverses?

 

[younouss]

Quote from younouss:



bought small position 6926 [/B]

Flat.

I need the right pattern to go long again

 

[younouss]

Bought again fdax.

 

[archimg77]

I also get a hint to go long but the only thing happend is that I took loss.

 

[younouss]

Quote from younouss:

Bought again fdax.

Placed stop level at entry + few pts to cover slipage

 

[younouss]

Flat

waiting for another opportunity

 

[archimg77]

it is maybe too early but I closed some positions waiting for pullback and then I buy again.

My strike list of options:
6100
6200
6500
6600
6900
7000
7100
7200
7400
I could just buy variance swap.
it is more or less like a big straddle.