Dax - Daily analysis and Discussion

Banking some... m5.

:-)
same here
T1 closed +15
Have a nice weekend all!
Update:
added and all closed ...no more time

The Battlefield. My troops, now: well protected and in good position. Trade well.

@ 368
As you sow, so shall you reap.
Now the hard part.

Banking again...

Banking along the road! All positions in profit and well protected. Bye.

Really technical and demanding! Great satisfaction! DAX: The Best Existing Instrument... sorry. LOL

Thanks Mummy. Love your son! Tight trailing stop. Stop pressing! CU.
Have a nice week end... of study! Of course.

Thinking to square here... LOL and tighten my stop.

(In days like this, all my thoughts are for fti... and his precious teachings!)

This is what I did... and squared @245.

I've just watched your ride on my mobile .. absolutely perfect!

You made me blush... Blushing can be very embarrassing.
And it is not true...
Be the best you could be, it's a good measure. Perfection it's something different. But I'm working on it... ROFL

Update from https://www.forexfactory.com/showthr...4#post11656544

The Dax started preparing its journey a few months already.
It left the highs area since last January, and calmly began to create a Descending Triangle in the next nine months.
The maturity of the bearish moment occurred last October when it was decided to break the 11700 support already tested in the month of March.
The PullBack, closing below that level, made clear the will of the German index.

To confirm this we had a wonderful Long Legged Doji Reversal candlestick pattern last week,
and the beginning of the continuation section with weekly closing under the MA200 leaves little doubt about the targets to be monitored for the future.
The 10800 level, corresponding to an S & R zone of 2016, is now within reach.
Then we will face 10300 which in addition to being the 38.2% Fibonacci level is also the primary target of the descending Triangle.

GM,
here is my morning fight
2x+8
2x+10
2x-15 ... here I probably should wait for better confirmation of bounce and false Breakout BRN and continuation to the south
2x+8 Edit:I'm sorry, it's been here already
2x-2.5
2x-10
2xBE
T1 +10
T2 +24
Update:
Score improved +2x24

I made 2 trades this morning by using the Hull MA-signals only.

Sixer

DAX30 Gap Up around 15 pips

GM, now DB with night data.
Will see what happens.
Sentiment is still very strong. IG has 74% long.

Hi mate,

wow 70% long is strong sentiment.
But it is for today or weekly sentiment?

Current sentiment
https://www.ig.com/uk/indices/market...ces/germany-30

Intresting, thanks,

we'll see, my long time sentiment is still bearish...

about us, we'll trade what we'll see and not what we think... so no prob.

exactly, because retail traders mostly lose

yes, yes, the greatest truth