DAX down 150 (so far).

DAX Futures Mar18

Well DOW opened 100 pips down so there's your clue.

DAX Futures Mar18

First Armageddon level for me is 11866 and there is an unfilled gap from last July before that circa 12365.

DAX Futures Mar18

Looking at the daily chart there could be support around the 630 area - if that breaks then somewhere around 550. After that it's look out below.

DAX Futures Mar18

I've no idea whether the selling has finished but to use a musical analogy it did seem to give the impression of a crescendo into the close.

DAX Futures Mar18

A bloodbath on the DOW as well.

DAX Futures Mar18

I think Pip-Miner mentioned it yesterday but the January low looks an inviting target still.

DAX Futures Mar18

I was referring to #1491 regarding no weekly loss since June 2017 - an enviable record for a lot of people I would think.

DAX Futures Mar18

Some could trade a lifetime and never be able to say that.

DAX Futures Mar18

Nice start.

DAX Futures Mar18

When DAX had its previous all time high around 530, we dropped around 600 points from there. Looks like a little bit of rinse and repeat going on.

DAX Futures Mar18

DOW is doing its best to help you although the correlation between DOW and DAX isn't always there anymore.

DAX Futures Mar18

Yes - hope it works out for you Brixen.

DAX Futures Mar18

mags some of that is clearly above my pay grade.

DAX Futures Mar18

Yes pipfarm it's what I and quite a few people I know refer to it as.

DAX Futures Mar18

Unfortunately in an International forum things will always get lost in translation.

DAX Futures Mar18

You buy Higher Lows and sell Lower Highs.

DAX Futures Mar18

Market Structure is simply Higher Highs and Higher Lows and Lower Lows and Lower Highs.

DAX Futures Mar18

Well everyone has their own style of trading and you have been doing this a long time and making it work - long may it continue.

DAX Futures Mar18

Yes Karuner - I have watched Brixen and with admiration for a long time. I have been in this business more than 30 years and if it's one thing I've learned it's ignore Market Structure at your peril.

DAX Futures Mar18