Scaled out 2 +12.5 and holding 3rd long for now. It's interesting, 10 minute chart shows a definite triple failure swing to upside, with 2 hour chart looking the way it does it calls for a decline any time now. All I can think is that we are waiting on US markets to signal a turn or total breakout to upside. Hard to say, bearish bias for sure personally remains. 10 minute chart's histogram altered and no 3rd peak is present now, so it's not to be considered as a bearish signal. FDAX short term charts do not show anything I would be interested in to go short, perhaps as yet, looking at ES though 1 minute chart is looking kind of possible ending up with a triple divergence, too quick of a run up also will be good for a fade ImO/E
I was cained on last trade, had to take -11.5 point loss on 3 lots. Looking hard for a short entry now.
Had to reverse my position today ! Doesn´t happen too often ! Bute here we go ! Short squeeze "a la carte" !
I am modestly bullish as banks have unloaded their toxic waste to befriended private equity and / or hedgefunds entities. We should see maybe some kind of profit taking today, but generally "bullish" sentiment should prevail....
For US investors, continued falls for the dollar make international investing look more profitable. Germanyâs Dax index is up 28.6 per cent in dollar terms this year, and only 19.2 per cent in euros. With the Fed cutting, the dollar lost critical support. One of the simplest ways to bet on further falls for the dollars was to buy emerging market equities and switch out of smaller companies into multinationals.