tar
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Bullish ...
Anyone else think Dax 10,000 by Friday.
Yes I expect tomorrow to be fun... bid rate first and then NFP and an ECB press conference kicking off at the same time lol.
obviously risky as we know it goes UP over time, but small size.
Short 9910
Was v focused on the open so just saw this... was long with you from around 9908, but have closed it all about 10 pts higher.
use your girlfriend as a trading signal
I agree that the momentum is certainly up but I think we could see a pause, if not a small pullback from here. The Americans are as always over optimistic and European markets are a better picture. I think if the American markets drop a bit today then the FTSE and DAX will slowly drift down into the end of the week. Watch this space!Yes we may see some selling and yes Dax did shoot up a lot late yesterday, but there was a lot of pent up buying and it looked like the market was being held down. I think theres still a lot of upward pressure and given Draghi CUT rates last month hes hardly likely to raise this month.
Still thats rational thinking for you and these markets certainly aren't that.
As Postman says, not easy to call scalp trades in a choppy 10pt range, but possible to put some green on the P&L.
Here's my progress so far. I vary position size, but as a std posn size this totals +16.5 pts.
too fast to post. Cut my losses at -10 and flipped long.
(long from 9920 now)