DoubleMan

dji on the top - let's roll down with dax

Short
DoubleMan Updated   
OANDA:DE30EUR   Germany 30
While last month dax has gone down dow has gone up and that with US in political gridlock .
dji must go down 900pips to have a proportional move like dax in last month and that if dax is standing still .
So now i'm shorting both until this difference of 900pips comes down to 400pips for tp1 and under 200pips for tp2 .
Expect that dji will not move down so much alone , and to drag dax down too but with much much smaller move for dax .
So tp1 : dji 20700 , dax 12000 ; tp2 : dji 20030 , dax 11800 ; both sl and both trailing sl 200pips .
The advantage is that once started , the downfall will be fast .
The downside is that such a large move needs a large sl too and so a smaller contract size (due to a large sl) and
if you're not already in when you'll see it will be too late .
Comment:
now dji has to recuperate more 1000pips in the opposite direction .
Comment:
Seems that finally down is going dow .
Comment:
now dji has to recuperate more 1100pips in the opposite direction .
As anticipated US market have started with some moves down so finally dow will go down too .
Comment:
Unbelievable - while last month dax/eu has gone down, dow/us has gone up . So now dji has to recuperate more than 1250pips in the opposite direction .
Comment:
no way 1300pips
Comment:
if crazy dji is going higher and higher with no reason then what if tax/healthcare reform passes ?
Comment:
crazy djy slow and steady up , up , up , up 100pips/day in last 4days .
Comment:
Comment:
dax30 is in green , sp500 in blue , dji30 in red .
Trade closed: stop reached:
sl big loss .
Comment:
Correlated or not correlated ?
Last night gold had spiked down from 1266 to 1256 in 5min, returned to 1261 in other 5min then between 1260 and 1263 where it rest now , also oil had gone slowly from 49.4 to 49 then spiked up 49.7 where it rest now .
But no reaction from us30\dax30 (future) which are strongly correlated with oil/gold that is with oil (directly) and gold (inversely) .
Also no reaction from eurusd which is strongly correlated with gold/oil that is with gold (directly) and oil (inversely) .
Correlated over long time - obviously , but often broken as it is now - broken !
:agree: dax30 is in green , sp500 in blue , dji30 in red .
Comment:
Correlated or not correlated ?
Last night gold had spiked down from 1266 to 1256 in 5min, returned to 1261 in other 5min then between 1260 and 1263 where it rest now , also oil had gone slowly from 49.4 to 49 then spiked up 49.7 where it rest now .
But no reaction from us30\dax30 (future) which are strongly correlated with oil/gold that is with oil (directly) and gold (inversely) .
Also no reaction from eurusd which is strongly correlated with gold/oil that is with gold (directly) and oil (inversely) .
Correlated over long time - obviously , but often broken as it is now - broken !
www.tradingview.com/x/54rAXHoo/:agree:
dax30 is in green , sp500 in blue , dji30 in red .
Comment:
Correlated or not correlated ?
Last night gold had spiked down from 1266 to 1256 in 5min, returned to 1261 in other 5min then between 1260 and 1263 where it rest now , also oil had gone slowly from 49.4 to 49 then spiked up 49.7 where it rest now .
But no reaction from us30\dax30 (future) which are strongly correlated with oil/gold that is with oil (directly) and gold (inversely) .
Also no reaction from eurusd which is strongly correlated with gold/oil that is with gold (directly) and oil (inversely) .
Correlated over long time - obviously , but often broken as it is now - broken !
dax30 is in green , sp500 in blue , dji30 in red .
Comment:
Will US markets give up and go down ?
Comment:
Yes , this year the fall has came earlier and begun today .
Comment:
s3.amazonaws.com/tra...shots/6/6239SztR.png
Who needs "nuclear war" fake news , when there is the nuke from US inside ?
US politic war and civil unrest , Trump to 40% and in war with almost all is good enough to nuke US markets .
Also to close the gap between US and EU, dji implosion must be greater to follow dax which was already falling from june 20 .
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