Short DAX at 7740

Still buying on EVERY Dip !

 

I have been overtrading

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1535759>

 

Long 3

scaled out 2 lots +10

3rd +7


Short 3

 

+0.5 protective stop, mixed signal in ES

Short 3

-3.5

Short 3

All out +3

Short 3

All out +4.5

Short 3

-5

Gross -14

 

Reducing my DAX long positions 50 %. Trailing stops for the rest.

 

nope...

 

Stay long in DAX. Still a lot of retailers short because of "ongoing" subprime "crisis". He, he, good opprotunity for further short squeeze of weak positions !!

 

Only 2 trades today, book perfect correlated set-ups between DAX & ES.

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1539233>