DAX Index forum
DE40 That continuation pattern (bear flag) worked out good. The art is to get in at 1, reverse at 2, and out at a. I also took as a last trade yesterday a short from a to a1 for 70 points x ???. a, b, and c all resistance testing.That last trade was a very high confidence trade, hence a lot of $ per point were used.
This is pure PA trading with indicators only for support and confirmation (I won't show which indicators and setup I use).
Of course, this is after the fact. Be sure, however, that at each reversal I was there with my finger on the trigger.
Let's see if a wedge is formed today or will it be a Fibbies day?
DE40 Getting pathetic again, ATR down to a couple of points on a 19K index. One signs up for this business because of the dynamic nature, the action, the excitement. What do we get? Quants and accountants nit picking on a decimal.
GER30 so long as 19100 doesnt break i remain short, if US rallies with no closes above there but a test i will add to short. a weekly close below pwlow and im saying 18700s first and from there we take it
DAX i guess dax topped out, shame
DE40 I was expecting it to go up but sometimes, most times in my case, you have to change your mind.
DE40 15M building of continuation pattern
DE40 Morning guys. I believe in history where we can learn lessons. You can see in my 2 H1 ranges, first one from last week, what I am expecting.
GER30 so really we are not gonna get the bull flag stops at 19002? im looking for a long overall this morning. doesnt mean im rushing into it, surely dax looks week, friday close will be criticalGER30 I love you DAX, look this index lmao it prints a bull flag premarket breaks out then goes up and starts bull channelling to do a 40 point drop on openDE40 A good night of 50 pips. Slightly makes up for the big drop I missed. Lets see what Asian session bring and I'll see you all at London open.