Short DAX at 7740

Fed Cuts Discount Rate to 5.75%, Cites `Downside' Risks

 

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u mean

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At least you got half of the move

 

Yep I never buy the lowest lows and never sell the highest high... That's why I'm trading for almost 6/7 years now and still alive!

 

So you say that buying the lowest lows and selling the highest highs will get you killed?

 

of course not but am not looking for it

 

getting ready to short

Younouss, the main reason you are still trading is because you are good at what you do, not exactly down to method used but how YOU use it ImO

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1571943>

 

and here is 10 minute chart, which is basing for upside, short might be short lived.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1571956>