elroytrader1
Short

$DAX In any normal market this would be a clear short.

FX:GER30   DAX Index
But with the way things are going, who can tell.
Trade active: Broke the line, but is it false?
Could be the week of retrace short, also US30 is over 80% rsi, a great short could come. :) But US30 needs to push short.
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How could I have missed that channel ! Thx for this simple, yet very qualitative study ;)
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I have ten positions open from 11950 to 13000,all long haven't closed any of them, looking for 13100 to 14000,also no stop loss on any of them, long term trade, it's how I operate, cheers
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elroytrader1 emilio1959
@emilio1959, No stop losses is a bit odd. I'd certainly have one below 11850.
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A small pullback maybe. RSI strongly overbought. Still room to the upside.
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