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Long

Risiky Longscalp @ 8509 - Target-Pullback @ 8590

FX:GER30   DAX index of German listed shares
260 20 1
Stop 8495
Stop @ Entrylevel. Scalout +10
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Supportlevel for next move up towards 8531.
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Looks good. Stop moved to 8511
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2nd Target hit. Stop @8511 unchanged
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Scaleout @8531 as predicted.
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3rd Scaleout @ 8540 (+31) Stop unchanged @ 8511...
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Possible Leading Diagonal: Critical Level would be the region @8523-8519 (61 fib of i,ii,iii,iv,v).
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Dax turned on 38 Fib-Level @8540. One low is possible. We will see what happens at the resistlevel @8522-8519.
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Resist was tested @8522/8519. Stop moved to 8516.
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Next Target @8546/49 for scaleout. Resist @8516 hold nicely. :-)
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4th and 5th Scaleout @ 8542. Dax looks corrective and weaker than expected... But good for +30 Points. 50% of Entryposition still works with a stop @8516
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Next Scaleout No 6: @8550 Stop unchanged @8516
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+41 in addition! Trade works nice!
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@8550 we reached a hard Resistzone, because we have to projectionlevels here. 100% of the longmovement and the 50% of the shortmovement!
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OK, I think we are on the right track. Stop moved to 8540.
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ewpips.com ewpips.com
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Target of this Trade was hit @ 8588. Last Scaleout here. 20% are still running.
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+79 in addition.
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Stop moved @8575.
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Stoped out. Nice trade!!!
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