Short DAX at 7740

I have a notice on wall reminding myself that I should only go with my bias IF I see that this is about to happen on short term charts. As you can see this 1 minute chart clearly shows, no doubt about it, that longs were 'losing faith'. That is obvious judging by the declining histogram which was above centreline and when last peaks started getting too small intraday bullish speculators had to close in light of what could happen.

Still flat until announcements.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1629149>

 

Flat.....

 

I went long 3 at 20ma on hourly

no change in rates

 

+3.5 Short 3 failure swings

scaled out 2 +10.5

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1629223>

 

I prefer option play over here....

 

3rd +7.5

Long 3

Scaled out 2 +15

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1629256>

 

Don´t wanto to bother you out there but I heard on BLOOMERG TV that HSBC is expecting 400k jobs lost in NFP numbers tomorrow...Just a rumor...No warranty as to the validity...

 

I expect that would have been priced in before data release, there is a price tag for any information. Would you consider that as a negative, if that was to be so?