I call upon my father's spirit , watching over me
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Disliked{quote} Good morning Brixen, before we start the trading day, I wanted to ask you about that chart you posted. The lines/areas of 12651 and 12435 were spot on. Remind me again the reason for those? Several touches from under and above of 1 hour candles? And some failed movement towards the lines in the past? Anything else? Fibo of 50% ? {image}Ignored
DislikedI hold 1 DAX CFDs overnight long from 12482. Done my day:+50+16+22=TOTAL +88 pips FDXM and +40,5+55+60+7+56+15+11+11+17+93=TOTAL +365,5 pips DAX CFDs(=+73 pips FDXM). So TOTAL FOR TODAY:+88+73=TOTAL +161 pips FDXM.Ignored
Disliked{quote} Good morning Brixen, before we start the trading day, I wanted to ask you about that chart you posted. The lines/areas of 12651 and 12435 were spot on. Remind me again the reason for those? Several touches from under and above of 1 hour candles? And some failed movement towards the lines in the past? Anything else? Fibo of 50% ? {image}Ignored
Disliked{quote} I hold my small position from 482, even with this huge open well above 600 zone. Yd they stopped every, every rebound at 580/590 zoen for many many times. Today it could become support, who knows.... But in this case I have an ambitious target of 682 (+200) for my position. Otherwise usual battle will go on and I'm ready to fight, as usual.Ignored
Disliked{quote} What is your tick value for CFD? I'm testing fxflat CFD now, its all good, but 1 point is only 1 Euro with intraday margin similar to futures(625 Euro).Ignored
Disliked{quote} there's a certain probability that price shows a special behavior (e.g. bouncing off) at levels where it previously showed some special behavior; or at e.g. the Moving Average 200..ceteris paribus & cum grano salis, as always... i think we should also ask why that happens.Ignored
Dislikedyou better don't waste your time asking why if you want survive here!Ignored
Disliked{quote} what i mean with "ask why" is not: why today exactly this level etc. i mean in general, so that we have a picture of how the bigger players are often operating. for example there might be a institutional trader who has been tasked by a client to buy certain (bigger) amount of FDAX. client says "buy for me but mean price must be below 12000".. or someone has a bigger position to liquidate and he says, "sell our position, but not below 12600". this is how levels become effective. we know of course, you can't close very big positions with one...Ignored
Disliked{quote} But I only meant that if today 12600 zone is support since early morning and yd was resistance for 11 hours, don't ask why...this is it and let them play their games. We only have to try to take our piece of cake, possibly every day. The more we think here, the more we loose focus on price action, imho. Probably sad words, but probably true......Ignored
DislikedVery slow price action on going......I risk to fall asleep! .it's hot here, I'm tired for my manual morning work, and typically aorund current hours during the summer most people take a little nap or siesta, or pennichella... If I don't post anymore next minutes, is for this reason.... {image}Ignored
Disliked{quote} might wake you up with an example of German high culture - LOL https://youtu.be/NqktmrKB3koIgnored