Second tentative for a swing short on the german index
WIll look at increasing position with a daily close below 15600
The transition from an uptrend to a downtrend takes usually some times, will look at compouding/building the position between 16000 & 16200 if given
On a more fundamental note, market participants seem seducted by the FED pivot narrative, which I think is a mistake. I don't think FED will not cut rates this year.
WIll look at increasing position with a daily close below 15600
The transition from an uptrend to a downtrend takes usually some times, will look at compouding/building the position between 16000 & 16200 if given
On a more fundamental note, market participants seem seducted by the FED pivot narrative, which I think is a mistake. I don't think FED will not cut rates this year.
Note
went close to the SL, added a few lots to the position. SL placement was good, keeping it here for now.
Note
Now in good proftis - will add to the position if we flipp 15600 on a daily basisNote
Did not get stopped on the wick as I always stop on a close basisStill running
Note
Added to the positionNote
taking 70% off hereNote
and stopped :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.