Maybe now. OK, just had a Volatility expansion - watch for FTT followed by decreasing volume marking the start of the retrace.
I wouldn't short the DAX, heck no, look at stoxx 50, ES, etc all up. Why fight the trend? I am looking for a pullback in stoxx 50 to get long. Good luck with that short.
win some, lose some, hopefully win more, I kinda had a feeling that this would be a slow grind trend day, but thinking and trading a semi mechanical system is a different matter, so far I've been doing OK, today is obviously a shitter, we all have them
To me FTT is seen in rising/declining histogram, on most occassions volume would decrease on 2nd and 3rd thrusts, so why watch it? Then volume comes in with momentum after a break of level, with histogram I am in earlier, basically in before point of break is touched.
Still waiting for the channel FTT. Getting in earlier than an FTT means you will be turned upside down at first. Better to get in or reverse after the FTT I think. This bar may be it 14:20.
I wouldn´t short the DAX either. The trend is you friend. And by the way => 1)The risk of owning corporate bonds dropped by the most in at least three years 2)J&J to Cut Up to 4 Percent of Jobs, Shut Facilities 3) U.S. stocks rose for a second day on better-than-estimated earnings and renewed takeover speculation. ;=) I could give you some more reasons, but I think that´s enough