You-know-who used to go on about "structure". After the Draghi hint re buying gov't bonds the structure definitely changed therefore voiding his previous analysis. I don't understand why he didn't have the decency to at least let those following his trades know that. He could then disappear if...
To be fair to him he did say that was how he traded when he first came on here. His 60 pt buffer (not an actual hard stop) raised a lot of eyebrows but he's managed it so far.
I'm still not convinced he's a marketeer. To me he doesn't write in the same style as the notorious Dave Robertson...
If it breaks below that there's a good chance it will test the session low at 9247 and might go all the way to close the gap.
Still no direction yet for me.
Yesterday's close was 9210ish wasn't it? Might be an interesting target if the DAX can't break higher. Roughly the 161.8 fib extension of today's range as well.
I still can't call the direction though.
I agree ***** is a very good trader. The only trade he had a bit of trouble with was his DAX long last Friday where it hit his buy limits and kept on dropping. I think his highest buy order was down somewhere around -110 pts at one stage but he got out of that on Monday at b/e and made a profit...
He just got rid of all the posts re him getting punted from T2W. Tidied up and then posted his trades. All legit as far as I could see. He's definitely good.