For a long time smart money has been waiting to take out the 17000 liquidity zone. Went in, and was rejected by a long body wick on the 1H time frame. Today it reached new highs at 17050. There is nothing neither technically, or fundamentally that should keep the index going up. Earnings season is over. Germany farmers are protesting. Inflation is high. Geopolitical tention continues to go up evey day. Entered short term with SL 50 pips above the shadow of the wick and short term take profit. RR 1:10
הערה:
In the trade and running nicely. Putting SL on the high created during the Asian session 17065. RR 1:8
הערה:
Moving SL to a bit below opening price 17026. RR -1:8
הערה:
To everyone who likes what I do. I am creating a web site for providing, market anticipations (they call them signals, but based on regulation that is ilegal). I personally trade intraday, have been in the game for more than 10 years, and so far my hit rate is about 80%+. If anyone would be interested in this service, to pay for instance 30-50$ per month to receive directly my anticipations with TP and SL, do let me know. So far I have many requests regarding this. I either way trade myself during the day so it is actually fun.
הערה:
Very close to TP
הערה:
TP hit