FTSE, DAX, DOW Trading Ideas and discussions

DAX moving towards 12100
 

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a decent mornings work
dow broke out /red horizontal at 8 am
support held/aqua and off we went/up
the trend into the morning open was up
fx crosses taken aswell
eurusd,cable and ej

10mq692.gif
 
I think that the B of ABC corrective on D1 TF is in play, last day's close doji would confirm that.
It seems nobody wants to be caught short over the weekend, there is no reason just pure positioning on indices as well as on other instruments. This strengthens the argument for TA as the more reliable tool used for extracting value from wherever it can be extracted. Value means positive numbers in traders accounts.:cool::smart::D
 
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