YaKa
Short

DAX - Basic Observation

FX:GER30   DAX Index
258 22 2

Intraday, DAX             is breaking through many resistance: Monthly Pivot , Weekly Pivot , 618 fibo

BUT:

9800 is an important level

Going to be a close call. Scary for shorts.
I must say: SUPER STRONG.
Super scary when short and i am.
Let's see the close today/tomorrow. and where we are monday night... after something like that you need 3 closes to conclude and I must 9900: i throw in the towel (intraday or not).
-1 Reply
Right on something... http://www11.pic-upload.de/18.12.14/96rszzi4os.png
Reply
watch Dec.22 , 1 - 2.618 in Dec.22

Reply
Mickette charlie.delta.trader
And what will happen on this date? Which target? Higher? Lower?
Reply
Local HIGH ?

Reply
Mickette charlie.delta.trader
?
Reply
YaKa charlie.delta.trader
Charlie, all your information are very valid.
Which side would you trade just for information?
You seem to believe in blow off top but you also say that timewise, things could collapse as of the 22th of Dec.
Which side you believe in.
I acknowledge it is very pivotal and my choice is down.
-1 Reply
Take bund in the account, look at the spread chart, if bund is not going to collapse, then dax could blow off another 17% minus possible bund retrace 1.5 level is the MOB
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Now I have a LONG.
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Mickette charlie.delta.trader
DAX Long for now? I can´t believe it!
Reply
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