Short DAX at 7740

Long 3

b/even, no momentum

Short 3

-1

Long 3

Scaled out 2 lots + 10

 

3rd lot b/e

 

3rd lot b/e

Short 3

All out +2 missed the move

Short 3

has to move lower now, looks like 3 failure swings

Scaled out 2 lots +8.5

3rd +7.5

Long 1

-2

 

WE like our DAX !

 

Short 3

According to 1 min chart ought to breakdown now

or they could be setting a trap

Scaled out 2 lots +7

hopefully pivot is intermediate target

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1528880>

 

3rd lot +30

Gross +89.5

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1528890>

 

JSS,
in that chart posted, "result 4 lower peaks," what numbers are you using for the MACD?
On a 1 min chart, my standard (12,26,9) histogram looks nothing like yours.

 

Proud of you !!! ;=)