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Old Sep 22, 2016, 12:14pm   #25
Joined Jun 2006
10pips started this thread Well, that's a bummer - Order to open @ 10488 with 18pip SL didn't trigger this morning.

Lowest was 10492.8 and now trading around 10640s.
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Old Sep 22, 2016, 5:21pm   #26
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Originally Posted by 10pips View Post
Rehan 123, it is supply and demand with continuation of 'trend'.

I have got stopped out -27.

Now anticipating to find another sell zone to catch the fall based on currently bearish monthly candle.....we've 10 days left for the monthly candle to close.

I took short @ 10485 where I got stopped out -25
Followed by another sell @ 10463 collecting 168pips
Latest being 10310, giving back -27pips.
Thanks very much 10pips.
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Old Sep 22, 2016, 5:23pm   #27
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Well, that's a bummer - Order to open @ 10488 with 18pip SL didn't trigger this morning.

Lowest was 10492.8 and now trading around 10640s.
Hi 10pips
Would you open a short at the current level of 10666?
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Old Sep 22, 2016, 6:12pm   #28
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Hi 10pips
Would you open a short at the current level of 10666?
No, next supply zone to sell is @ 10777 with 35pip stop loss but I would wait until next week as this week, you dont want to be 'selling' on a bullish weekly candle.
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Old Sep 22, 2016, 6:17pm   #29
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Hi 10pips
Would you open a short at the current level of 10666?
That's excellent analysis 10pips. Thanks very much.
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Old Sep 23, 2016, 9:43pm   #30
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Well, that's a bummer - Order to open @ 10488 with 18pip SL didn't trigger this morning.

Lowest was 10492.8 and now trading around 10640s.
With 18pip stop loss, DAX went onto gaining further 210pips which is 1:11 risk reward.

There was a supply zone @ 10704 which DAX rejected on Thursday, but stop loss would have been 100pips+ (which indicates that there is a bigger down-move waiting.....)

Next week, I will attempt short 10687 with 22pip stop loss
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Old Sep 23, 2016, 9:47pm   #31
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With 18pip stop loss, DAX went onto gaining further 210pips which is 1:11 risk reward.

There was a supply zone @ 10704 which DAX rejected on Thursday, but stop loss would have been 100pips+ (which indicates that there is a bigger down-move waiting.....)

Next week, I will attempt short 10687 with 22pip stop loss
Thanks very much 10pips. Do you spread bet the Dax?
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Old Sep 23, 2016, 9:48pm   #32
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Thanks very much 10pips. Do you spread bet the Dax?
And which broker do you use please?
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