Dr Spock is on that notefootsteps of freshly printed Euro 500.00 notes all over the dax chart today:innocent:
Was there a gap on the Dow?
yes and still it has not been filled completely
compared with DOW, DAX tells a very different story since the US open
yes and still it has not been filled completely
compared with DOW, DAX tells a very different story since the US open
Today is bit tricky... area between 11420 - 11460 will be shorting area... we have to see price actions around 7 AM...
Number to watch 11450 (+-10)... I would be shorting here... above 11460 would be long setup.
short target first 11320 and then 11240
Lost 8% of my account in February so stopped trading for a couple of weeks. Went back over my last 5 years of trading records, I have never had a winning February. Is just me or is there something wrong with the 2nd month of the year?
Today is bit tricky... area between 11420 - 11460 will be shorting area... we have to see price actions around 7 AM...
Number to watch 11450 (+-10)... I would be shorting here... above 11460 would be long setup.
Jessi
My analysis which I did yesterday is completely wrong. Here is what I got
Short Setup
11386 - number to watch if it breakout then go for long
11230- if number is breakdown then go short
Long Setup
11420 breakout then go long
11390- breakdown then go short
Attaching the pic red lines shows short setup and green line shows long setup. Will you be able to share your chart?