If you were experienced DAX trader you probably sold it when I closed my 2nd 5pips long trade. 10min candles closing with long tails right below 20ema, with price below 200ema across both higher and lower TFs. I'm glad that I didn't have to take any ...

Keep pushing forward

I don't feel good about going long AT ALL. if it does push lower, I'm out. Selling into a support is not my area of expertise. I've been burned way too many times over selling into support and buying into resistance.

Keep pushing forward

next area of support 12179, previous days US bottom. I'm on the lookout for diversion on 3min and 5min.

Keep pushing forward

3min 20ema weren't enough to hold the price further up. this is a tight zone on 10min to the left. unless there's a diversion on 3min I would be ver hesitant to take this up again. when things are uncertain lock in profit above 5pips.

Keep pushing forward

another long +5pips. 12229 will be a tough area to break above. nevertheless momentum is up. for now.

Keep pushing forward

+8pips. my initial target was 12240.

Keep pushing forward

if the conditions look right I'll buy DAX off of this support.

Keep pushing forward

On the whole I do think downside is limited. If price breaks above this trend line 12h chart, its game over for the bears. With major ema just above on a TF like 12h its no surprise that we're going to have a bit of a resistance up above.

Keep pushing forward

looks like its going to be a tough day without obvious direction. price seem to have found support 12195-12175 area. might be good for a buy but with 200ema above the price from 1h down to 3min. Bulls will have a tough task bringing them above. I ...

FDAX Sept2017 2.0

Judging from the charts today's going to be a tough day for DAX. Yesterday I was expecting price to reach 12300 level it did, however an hour after US open. What now then ? Well for now it seemed to have found support @ 12195 - 12175 area. It's a ...

Keep pushing forward

all hope is not lost for the bulls. 30min v 3min if we push above R1 12666 next area for pull back is @ 12275-12280 so far no signal. should wait for 10min,15min or 30min candle to close.

Keep pushing forward

here we are. will it hold ?

Keep pushing forward

15min v 3min DAX are we going to be pushed down to 15min 20ema ? with volatile instrument like DAX, if there's one thing that I've learnt in the past few months is that you have to lock in profit no matter how sure you are about the direction of the ...

Keep pushing forward

3mins before 10min candle close. loving that long tail. always a good sign for the bulls. I want to observe what kind of pattern this would create on 3min.

Keep pushing forward

-1.7pips failed at first attempt. done for the day. but I'll be observing PA on the side. I need to improve on re entries.

Keep pushing forward

+17pips in. next resistance 12266. i'm waiting for re entry. we'll see. only an hour until 4h candle close. so far so good finding support on 20ema long tail. would it push higher to 4h resistance ?

Keep pushing forward

DAX 30min,1h and 4h. my bias is up. I expect price to fluctuate between 12224 support and 12335 yesterdays high.

Keep pushing forward

"It's about what you are going to spend your money on after you actually MAKE that money." Agreed! simply making loads of money without greater purpose doesn't make much sense to me at all. I'm not bashing those who trade for a living and are ...

Are we all sociopaths?

If I was say in my 50s or 60s done everything possible under the sun and contributed my share and fully content with things the way they are I probably would have traded happily for the remainder of my life. But for 20 somethings or even 30 ...

Are we all sociopaths?

my bias is short. given last fridays upward move. I doubt it will push higher again today without any correction. 1min looks like its going to push lower when London opens. we'll see if there's going to be a fake out. I'm flat.

FDAX Sept2017 2.0