YaKa

DAX - Fragile but on track for 10950 tuesday morning

FX:GER30   DAX index of German listed shares
256 14 6

if the index closes hourly below 10550, the great tactical short may not be presented....

I have a feeling DAX             is dangerous on shorts...

Better short after excess/extreme and fold after 3% down.

conversely, if you short too low, you may just be in the money on the next breather...
jangseohee
2 years ago
what happen if it break the dotted red line downwards?
Reply
YaKa PRO jangseohee
2 years ago
what happens: it is probably falling but too dangerous to short as it could be a few hours trap..

I will refrain, from suggesting risky gambles.. so the post is only useful if 10950 is reached.
+2 Reply
jangseohee YaKa
2 years ago
understood you well
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i dont know, maybe is better wait until the German PMI this next monday, that decide for the moment the price action is lateral
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YaKa PRO JuanpabloMartinez
2 years ago
Yes - good idea.
I was under the impression today woudl close in the middle of the range to save the week/month.
If the macro data are good monday, maybe dax reaches target for a great tactical retracement.
+1 Reply
YaKa PRO
2 years ago
Ballsy buy here 10650 stop 10600 (intraday stop)
+1 Reply
booze765 YaKa
2 years ago
i went in too early at 10700 but had a wide stop . what happens if we have gap down opening . weekly chart has a inverted pin bar
Reply
YaKa PRO booze765
2 years ago
there is no solution against that except not staying long after close over this weekend.
in this posture opening gap down is easy..
if you want to gamble, go play the black at the roulette, the odds are the same:)
Reply
YaKa PRO YaKa
2 years ago
stop 10600 makes sense if you want to capture that last bit up.
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YaKa PRO booze765
2 years ago
was joking obviously
Reply
booze765 YaKa
2 years ago
haha, but your carrying your long over the weekend right ?
Reply
YaKa PRO booze765
2 years ago
yes.
Reply
booze765 YaKa
2 years ago
ok great . have a nice weekend
Reply
YaKa PRO YaKa
2 years ago
but on my professional test fund... in small size.

in my perso leverage: i have my risk tide up with long crude. Short bund (challenging so far)
+1 Reply
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