Short DAX at 7740

Discussion in 'Index Futures' started by ASusilovic, May 23, 2007.

  1. Pivot is around 7700 (monday's high) which is a nice point of entry for a long...
     
    #1731     Nov 29, 2007
  2. On the other hand we reached a resistance area 7800 which is 100 MA on day chart and 200 MA 180min chart, next R is 7866. So obviously technical trader will short here.

    So short here, cover and reverse 7700 and if it happens, just call me Guru please :D
     
    #1732     Nov 29, 2007
  3. JSSPMK

    JSSPMK

    I got 7719, correct?

    Long 3 off 1 min, need histo to turn up

    -3
     
    #1733     Nov 29, 2007
  4. JSSPMK

    JSSPMK

    Long 3

    c'mon 2 min histo

    triple divergence now on 1

    K'MON!!!

    2 min looking wicked!

    scaled out 2 +10.5
     
    #1734     Nov 29, 2007
  5. It should catch a bid here. Me thinks.

    Patience.
     
    #1735     Nov 29, 2007
  6. Told ya so. I'd take some off here 7778-80.

     
    #1736     Nov 29, 2007
  7. JSSPMK

    JSSPMK

    Cool, I was trading off 1 min & 2 min's histogram, 2 min developed a stunner.

    What was your conviction based on?
     
    #1737     Nov 29, 2007
  8. Higher degree + Lower degree fib formation + Divergence + ES @ support + ML (Middle Line turning up).

    Confirmation "W" pattern.
     
    #1738     Nov 29, 2007
  9. JSSPMK

    JSSPMK

    TY! Now I see an inversed H&S on 1 minute, ImO re-test highs and away (so I hope basically :))
     
    #1739     Nov 29, 2007
  10. JSSPMK

    JSSPMK

    Buen, uno chartos por favor amigo, comprende? :)
     
    #1740     Nov 29, 2007