It was just the way it looked to me. Like right now bonds ZB06-16 and the dax ,nq are moving together, so thast not normal for Indices and Bonds to move in the same direction at the same time.Oil is the weaker market at present. Pic of my Dax chart attached, have a look and note where you entered and got stopped.
Couple of wicks on the 5min chart here. Maybe taken some stops there and a down move to come? (i'm just watching now, though, but 'would' try here at 10280 if i was playing)
The reason i like it is because it suits my timezone more.(New Zealand). Last night i went to bed at 7pm and got up to trade at 12.30 am, was a bit slow so went back to bed after 3 coffee's..hmmm. Am also doing the metrics on the E mini Nikkei at present , same volume as ES but in Asian time or US night.
Cancelled, missed entry. shouldn't have moved it higher, was at 49.12, greedy smart ass and missed it. My active sell zone now is 49.36, ofcourse pending PA (price action)at that zone. 48.80 support
Just one small trade last night on the dax Entered 2 contracts at 10290.0, hit profit on the first contract. Stop then move to breakeven for the second contract which was hit.
How do you guys handle the drastic move against you, like 30 points? Or it's just a normal risk you are ready to take when trading dax? I guess dax is not for small accounts like $30K.