Geert2000
Short

DAX Doomed house

FX:GER30   DAX Index
192 5 4
Doomed house pattern

Targets on chart

Related Ideas

Hi Geert, I wanted to say since dax and dow and Japan all move together do you not think dow and japan are also doomed? I know that 2009 trendline will come to pass. Thank you again for your hardwork - I wonder how to you manage to put a timeline though? Cheers, Therese
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Geert2000 therese54
I am not sure about the time but i look at previous deep corrections to give me a clue.and yes Japan will collapse to my long term target is 14k there.
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therese54 Geert2000
WOW .... that is interesting about Japan - but it does make sense because their economy is POOR ... the good think abut Japan is that their index is still high so lots of points to be made going short. Another thing, I missed all the NFP trades on Friday because I listened to someone who said trading NFP is risky - in fact I could have made £££ going down and then going up - so my plan is to trade NFP every month - possibly dow, dax and japan - what do you think? Cheers, Therese
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Geert2000 therese54
Staying short in october isnt a risk imo. 8800 will be seen pretty soon.We could expect a bounce in november.Same in nikkei,target for october around 16400.
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Geert2000 therese54
Take a look at the nikkei doomed house chart
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