chronictrader

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About me Trade mostly US & UK equities / indices & All major currency pairs. Number 1 rule in trading: Keep it simple and cut your losses - fast.
Joined UK chronic_trader
Markets Allocation
100 % other
Top Mentioned Symbols
GER 100% | 3
chronictrader chronictrader GER30, D,
GER30: Trend view from sep
75 0 0
GER30, D
Trend view from sep

Trend view since September - good chart to note down.

chronictrader chronictrader GER30, W, Short ,
GER30: Dax in for a major Correction - Long Term Forecast
89 0 2
GER30, W Short
Dax in for a major Correction - Long Term Forecast

If we get this ever elusive Greek deal and we move to around 12500 area / one more leg up, I'm shorting the dax like my life depends on it - we are in for a massive correction to that 7500-8000 area - look at the trend since 2002 we are way out of sync with the trend channel

chronictrader chronictrader GER30, D,
GER30: Possible Trend Change?
111 1 2
GER30, D
Possible Trend Change?

Very simple trend channel chart. We said it'd touch 10650 before rebounding to test the bears @ 11420 area. Dax has successfully done that now. Make or break next week. A rejection of the the deal proposed will see the dax see a huge sell off to that 11320-450 area where there is horizontal support and trend support. It was also a previous breakout areas. ...

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