DAX proving tough to short... Nice dive coming.???
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Disliked{quote} You are right a nice fall down could be considered, but the actual economic flow of Germany whispers me that DAX could climb even higher after to 10.200 or even 10.500 in coming weeks. We will see..Ignored
Disliked{quote} I agree. Dax is right on a target now & the next is at 10550. So a decent retrace is likely any time. {image}Ignored
Disliked{quote} Well ...From my point of view DAX bearish setup is triggerd...just saying Good LuckIgnored
Disliked{quote} Well ...From my point of view DAX bearish setup is triggerd...just saying Good LuckIgnored
Disliked{quote} I started to believe the same way.. the belief towards 10.000 points weakens as I read the latest news. I am still just watching in a hedge position now, ECB will decide the next step I believe..Ignored
Disliked{quote} Yes have noticed that.. as I mentioned before Dax and Dow are carbon copies of each other, especially after Dow session opens in USA. What I also noticed is that Dax moves with Dow synchronized but slower. (I mean very roughly lets say if Dow moves 10 points then DAX moves only 3 points). I am still bullish minded.. will wait till ECB rate decision is announced on Thursday.Ignored
Disliked{quote} Thursday..This retrace may be over by then & that would kick start the next up move.Ignored
DislikedIs there anything I missed that would have kept me out of this trade? Or is it just a case of it didn't work, accept the loss and move on? I notice the AUDUSD turned up sooner than expected. {image}Ignored
DislikedNagy is silent these days anyway.. this is my DAX scenario that could come in place as soon as ECB Draghi spit out his comments. I am expecting some fake breakouts on the lower support lines but still believe that the 10.000 level will be broken in coming days.. (...or could it be today?) We'll see.. Happy Trades {image}Ignored
Disliked{quote} Hy Ata Im just waching PA not much changed from my point of view so there is no need to post. I atached to my post a 1H chart whit some trigger lines , support and reasistance.Im still loking to the down side although above 9950 I think the outcome would change... As you pointed out there is ECB bid rate coming too so I have no idea whats gonna happen but gonna keep shorrt positions untyl proven wrong.Would be a good idea to hadge it whit Eur/Usd maybe ???...hmmm Good Luck {image}Ignored
Disliked{quote} I understand.. right now I prefer to wait and even avoid hedging, because instead of weaken my concentration by trading two different pairs I go with the opportunities served by the actual pair. So you can hit and run when high volatility starts (by knowing how to time and what to do of course). I am using FDAX with the broker FX-Pro. I noticed some little differences with your broker but its okay.. still talking the same language.. So lets see what Draghi will blah-blah today Happy TradesIgnored
Disliked{quote} Hy Ata Im just waching PA not much changed from my point of view so there is no need to post. I atached to my post a 1H chart whit some trigger lines , support and reasistance.Im still loking to the down side although above 9950 I think the outcome would change... As you pointed out there is ECB bid rate coming too so I have no idea whats gonna happen but gonna keep shorrt positions untyl proven wrong.Would be a good idea to hadge it whit Eur/Usd maybe ???...hmmm Good Luck {image}Ignored
Disliked{quote} I noticed some little differences with your broker but its okay Can you point out this differeces for me?? PleaseIgnored