CRYPTODOTIDEAS

DAX - END OF THE RALLY ?

Short
PEPPERSTONE:GER40   German 40 Index
Second tentative for a swing short on the german index

WIll look at increasing position with a daily close below 15600

The transition from an uptrend to a downtrend takes usually some times, will look at compouding/building the position between 16000 & 16200 if given

On a more fundamental note, market participants seem seducted by the FED pivot narrative, which I think is a mistake. I don't think FED will not cut rates this year.

Comment:
went close to the SL, added a few lots to the position.

SL placement was good, keeping it here for now.
Comment:
Now in good proftis - will add to the position if we flipp 15600 on a daily basis
Comment:
Did not get stopped on the wick as I always stop on a close basis

Still running
Comment:
Added to the position
Comment:
taking 70% off here
Comment:
and stopped :)
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