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 .
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now dji has to recuperate more 1000pips in the opposite direction .
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Seems that finally down is going dow .
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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 .
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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 .
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no way 1300pips
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if crazy dji is going higher and higher with no reason then what if tax/healthcare reform passes ?
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crazy djy slow and steady up , up , up , up 100pips/day in last 4days .
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dax30 is in green , sp500 in blue , dji30 in red .
Trade closed: stop reached
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sl big loss .
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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 .
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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 ! tradingview.com/x/54rAXHoo/:agree: dax30 is in green , sp500 in blue , dji30 in red .
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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 .
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Will US markets give up and go down ?
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Yes , this year the fall has came earlier and begun today .
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s3.amazonaws.com/tradingview/snapshots/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 .