We have a very good laugh here : take the low of yesterday and draw a SIMPLE line at swing lows in the 5 min chart. Ha, ha, ha. Some imbeciles are defending this "line" via their "algo trading".... I have to admit, I didn´t see the simplicity of this "trade"...how much "quant brain" to you need for "it" ? LOL !
Not a lot! I can do it myself but they do not want me into team, . 2 weeks ago on thursday they were holding ftsee before fall. Now they are forcing DAX. Bought 6250 puts.
Seems, FDAX bulls are not following behind the "logic" of todays Wall Street sell off. Maybe they need a bit of persuasion. Maybe a 1000 lot sell stop order will help ?
FDAX starts at high of 6489.50. Now, information front running is one of top games of US desks - just in case you wondered about the "resilience" of FDAX yesterday to follow ES before Google earnings. But that´s the usual legalized crime you have to deal with if you are playing with "them."
Yes, I observed it before reports/earnings (not able say whether it was the same in the past , 3-5y ago). Nevermind, I have to be cautious, I did not pay attention to company earnings and google's capitalization moves the market.