Market View; World Stock Indexes; Trading Journal

I can see a good setup for a short on Dax:

SL @ ...... : 9745
Short @... : 9710
TP1 @..... : 9655
TP2 @..... : 9605
TP3 @ .... : 9525

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http://silvatradingen.wordpress.com/
"It is not enough to have a good mind. The main thing is to use it well." (Rene Descartes)

Been stopped out & accepting the loss.

Happy trading!

It seems the Dax will continue to go higher and sellers are creating bargain entries for buyers.

Dax is in a very tight consolidation!
To much for my taste.

No range to trade my strategy!
Which you all a nice weekend.

Do you believe it was just an accident???
The Institute for Supply Management corrected its May manufacturing index to 56 after saying it applied incorrect seasonal adjustments to the figure. The Tempe, Arizona-based group initially reported the gauge fell to 53.2 from 54.9 in April.
The decrease was "suddenly" found to be a mis-calculation and the figure re-released with all the numbers magically better?
http://www.bloomberg.com/news/2014-0...ent-error.html

Nice short on Dax:
SL @ ...... : 9955
Short @... : 9946
TP1 @..... : 9897
TP2 @..... : 9850 (Still open) (Moved SL to BE)
.............................................
http://silvatradingen.wordpress.com/
"It is not enough to have a good mind. The main thing is to use it well." (Rene Descartes)Descartes)

The markets have no volume and no significant moves. They are asking for a good shrink before new highs.
Dax, is slowly declining. Drops usually early in the day, and recover after the US open.

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Happy trading.

Trading Dax:
SL @ ...... : 9943
Short @... : 9923
TP1 @..... : 9897
TP2 @..... : 9850
Stoped at BE and reversed:
SL @ ...... : 9915
Long @... : 9926
TP1 @..... : 9974 ( :-) )
TP2 @..... : 10130 (Still Open)
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Happy trading.

hello,

you should perhaps put some pics and a little description of your journal,

it would become more friendly i think

( i've seen you post screenshots on your blog so why not here )

It was a pretty profitable Week!
The forum is a great help.
Which you all a nice weekend.

Trading Dax:

TP2 @..... : 10140
TP1 @..... : 10047
long @... : 9990
SL @ ...... : 9960

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Happy trading.

Trading Dax:
SL @ ....... : 10035.5
Short @... : 10019.5
TP1 @..... : 9885.0
TP2 @..... : 9775.0
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Happy trading

Trading Dax:
Yesterday's trade management:
SL @ ....... : 10035.5
Short @... : 10019.5
TP1 @..... : 9885.0 (Closed at 9931)
TP2 @..... : 9775.0 (Stop at BE)
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Happy trading

Trading Dax:
SL @ ....... : 9992,0
Short @... : 9962,0
TP1 @..... : 9922,0 OK :-)
TP2 @..... : 9775 (Stop at BE)
Yesterday's trade management:
TP2 @..... : 9775 (Stop at BE)
.............................................
Happy trading

Trading Dax:
SL @ ....... : 9955,0
Short @... : 9922,0
TP1 @..... : 9850,0 OK :-)
TP2 @..... : 9775 (Closed at 9882,0)
Previous days trade management:
TP2 @..... : 9775 (Closed at 9882,0)
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Which you all a nice weekend.

We have an inside day at Dax. Tomorrow we might have a nice trading day.
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Happy trading

Trading Dax:
Today everything happened in a blink of an eye, and like I said yesterday:
TP2 @..... : 9983,0 OK :-)
TP1 @..... : 9953,0 OK :-)
Long @.... : 9918,0
SL @ ....... : 9891,0
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Happy trading

What the heck!
As the Federal Reserve said growth is bouncing back and repeated that interest rates will remain low for a considerable time, Stocks rose to all time highs.
I supose sky is the limit.

Gold bounced higher after the World Bank cut its global growth forecasts. Today gold has risen sharply to $1321.38 per ounce.
The price is heading the neckline of a potential Triple Bottom pattern.
We shall reach Target 1 @ 1372,50 (Scenario 1) and if the neckline is crossed then we may reach 1433 resistance level, and on a longer term Target 2 @ 1528.46 (Scenario 2).