In a nutshell:
I gonna update the idea regularly. Nevertheless I will do also some "Interim" trades. I would open the trade rather in the upper range than in the lower ranger, but I gonna comment on this one later - who can tell now.
- Idea is based on the daily and provides a mid-term view on the DAX
- We might see a pullback towards 12,200 - 12,600
- Risk seeking traders might open a short position in this range, more cautious wait till 11,600
- The pattern might complete till Feb. 2019
I gonna update the idea regularly. Nevertheless I will do also some "Interim" trades. I would open the trade rather in the upper range than in the lower ranger, but I gonna comment on this one later - who can tell now.
עסקה פעילה:
What shall I say, it started earlier - w/o any pullback…
הערה:
All major Indices are hitting the EMA 200 (daily or even weekly) right now. Expect pullbacks and take some profits… Anyway we made massive pips within the last 2 days and the 4 days before. Nice week :)
הערה:
I am looking to reenter the short trade around 12.100 (plus/minus) gonna update the idea when I am short again.
הערה:
If the market accepts the 4H PP and does not move above I will be short again.
If the market accepts the 4H PP and does not move above I will be short again.
הערה:
הערה:
Well as written above I went short… And we got a new short signal in 4H but keep in mind: Tomorrow is the third Friday. So, I will be careful with trades before 1 pm. Ride safe...
הערה:
This is the blue print which I have published in Feb. 2018 and which worked very well until now… Today we broke the first support line which means we might see another sell-off towards 11,100. ride safe guys…:
הערה:
For the time beeing I am flat again. The newspaper Il Messaggero published that the Italian government might change the budget plan. It does not change anything but you know how markets react on such news...
הערה:
Next Milestone reached… Take some Profits... :)
הערה:
We have successfully tested the neckline…
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I would expect for today the announcement of the ECB regarding Italy´s budget. Right now we see a hughe push towards north. Nevertheless I would expect as soon as the announcement have been done a retracement...
הערה:
Okay it is not just simple price management by AM. Seems we found a deal on Brexit...
הערה:
Still running…