P
postman
Long Dax 936
P
postman
Out for +8.
As I mentioned to someone earlier today, going long Dax is like stealing sweets from a child, its easy to do but deep inside you know its just wrong.
I feel dirty. 😱
P
postman
Daxy has a different feel about her today.
More volume, more downside 😱
At last.
More volume, more downside 😱
At last.
tar
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emoun
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I am holding a pending buy order at 931.
P
postman
It 'feels' like Dow will leave a gap today and fall.
emoun
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P
postman
Excellent call.
P
postman
So 930 Dax and 670 Dow seem to be strong levels to watch.
2be
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S&P and DOW are in disharmony on a higher TFs ,H1. H4 and Daily. It has happened before.
Dax in topping mood, made a new H 2 pips above the last H, from there I expect a move down next week. This is a confirming scenario for the coming short. Also H4 perspective provides a good shorting possibility, negative divergence between PA and indicators, also current price at the bottom of the Price Channel.
Wishing all a very relaxing weekend.
2be
Dax in topping mood, made a new H 2 pips above the last H, from there I expect a move down next week. This is a confirming scenario for the coming short. Also H4 perspective provides a good shorting possibility, negative divergence between PA and indicators, also current price at the bottom of the Price Channel.
Wishing all a very relaxing weekend.
2be
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P
postman
Is it any wonder the markets are going up.
80% of people are short Dow.
84% short Dax
83% short S&P
75% short FTSE.
There is so much money to be made by pushing the prices up and taking out stops.
80% of people are short Dow.
84% short Dax
83% short S&P
75% short FTSE.
There is so much money to be made by pushing the prices up and taking out stops.
P
postman
Seriously if almost everyone is short and expects a big fall who do you think is pushing the prices up?
emoun
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Where did you get these statistics from?
emoun
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2be
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Good question.
I expect a sharpish move down early next week.
Than a nice reversal once these short positions are covered.
From there a nice long awaits well above 10000, but not before this expected pull-back.
tar
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These numbers are for retail traders like IG ... etc . Check COT reports , most asset managers positions are long . Retail fade professionals chase - in general and most of the time - .
