AS, a buying opportunity for a swing? Fuck me, what a turnaround, wicked! That's why DAX is such a great daytrading/scalping future, we, retail traders, can make extremely good returns riding just part of the range that DAX average daily oscillations offer.
short 3 -0.5 oh, forgot about I/r statement later on, sidelines for now in that case short 1 -4 short 3
scaled out 2 lots +5.5 -0.5 3rd Short 3 off 5 min chart, looking at possible 3 failure on 1 min chart as a lead covered 2 lots +5
ImO 120 minute and 240 minute charts indicate that more downside is near. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1553346>
10 minute set-up and trendline target <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1553415>
I find it near impossible to trade long-term charts, but it does help once you are on the right side off a longer-term chart. 4 hour chart here, ImO 3rd lower peak on the way creating 3 failure swings/divergence, I will most likely be selling resistance @ trendline, hopefully with a help of 1 minute chart. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1553887>
long 3 off 1 min chart buying pivot near LOD -2.5 Long 3 again -1 long 3 scaled out 2 lots +8 3rd +10 expectng 3 lower peak to get short
almost 3rd lower peak present and divergence based retracement to mid range has been achieved Short 3 possible 4th failure swing (1 min) should get lower now I'll either get blown out or not, 5th failure now Scaled out 2 lots +7.5 ----> S1? or basing near pivot it does look like bulls are trying to work a bullish DB on 2 minute chart, staying short 1 lot for now