Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
time for some refreshment
this trading lark makes you very thirsty
this trading lark makes you very thirsty
psaTrading
Experienced member
- Messages
- 1,063
- Likes
- 53
The decline in recent sessions leave some nervousness in the air, given the possibility to be tested the important support zone that represents the minimum of August. For the particular case of DAX30, the breaking down of this support may create an inversion, with bearish implications.
This does not necessarily mean we have to watch to a ‘crash’, but it is certain that from that moment onward the price action would present Lower Highs and Lower Lows, which are not witnessed for a few months.
The charts tell us that the long-term trend remains bullish, even with the break of the mentioned support.
This does not necessarily mean we have to watch to a ‘crash’, but it is certain that from that moment onward the price action would present Lower Highs and Lower Lows, which are not witnessed for a few months.
The charts tell us that the long-term trend remains bullish, even with the break of the mentioned support.
brewski1984
Senior member
- Messages
- 2,067
- Likes
- 355
Whenever I take trades I lose then whenever I decide to sit out and not risk it like this time, I would have won a small fortune!
barjon
Legendary member
- Messages
- 10,752
- Likes
- 1,863
Aye, good innit
short ftse, of course, but it's trailing miles behind so net is very good.brewski1984
Senior member
- Messages
- 2,067
- Likes
- 355
Aye, good innit
How you been getting on Barjon? It's been a while
barjon
Legendary member
- Messages
- 10,752
- Likes
- 1,863
How you been getting on Barjon? It's been a while
Aye, been away for a while and just back into it this week. How about you? Trading well?
brewski1984
Senior member
- Messages
- 2,067
- Likes
- 355
Nothing to write home about, I'm currently majorly leveraging a few hundred quid on one trade to try to build a reasonable bank roll but I've been sweating for the last couple weeks
Good advice, working on the risk mgmt bit. G'night.
1
12WBT
US rate rises put back again.
Scared of the rising US dollar.
No idea how they will raise rates.
Spend trillions then raise rates by .25 and destroy the money spent.
Lets see if this and US earnings can hold this current bottom.
Need the ECB to deliver for the big Santa rally.
For today, no idea, so just take the trade's as I see them.
Scared of the rising US dollar.
No idea how they will raise rates.
Spend trillions then raise rates by .25 and destroy the money spent.
Lets see if this and US earnings can hold this current bottom.
Need the ECB to deliver for the big Santa rally.
For today, no idea, so just take the trade's as I see them.
P
postman
US Santa rally began today!
P
postman
P
postman
Its always nice when it goes against you 20 points in 2 minutes. :whistling
Could be some chop this morning.
Looking at 9090 or lower on this.
P
postman
Sneaked an extra short in down to 9120
P
postman
My limit is 9146 on these.
But it looks like theres no let up in the buying.
second entry 9135 (not doubling down honest :whistling).
barjon
Legendary member
- Messages
- 10,752
- Likes
- 1,863
Ugh! I hate it when a plan falls apart. Continued trading weak and In deepish waters now with little sign of turning for the shore as yet.
P
postman
Closed the second short at 22 +13 (insurance policy on the other move not working out)
P
postman
Theres a strong upward channel on the Dax which hasnt been broken yet.
It goes up at a rate suggesting 9190 by 12 o'clock which I figure is 'unlikely' but its the Dax anything could happen.
I'll be much more comfortable when the move breaks down. ie 9115 dax.
It goes up at a rate suggesting 9190 by 12 o'clock which I figure is 'unlikely' but its the Dax anything could happen.
I'll be much more comfortable when the move breaks down. ie 9115 dax.
P
