Short DAX at 7740

Discussion in 'Index Futures' started by ASusilovic, May 23, 2007.

  1. JSSPMK

    JSSPMK

    3rd still long

    added 2 long here

    sold 2 +8

    1 lot still long
     
    #681     Aug 24, 2007
  2. JSSPMK

    JSSPMK

    added 2 long

    -0.5

    1 still long

    3rd sold +14.5

    short 3

    -3.5

    short 3

    7515 would be good to get

    -2

    short 3
     
    #682     Aug 24, 2007
  3. JSSPMK

    JSSPMK

    scaled out 2 lots +9

    3rd -1.5

    short 3
     
    #683     Aug 24, 2007
  4. JSSPMK

    JSSPMK

    +1.5 reversing long 3

    -2.5

    long 3 same level

    scaled out 2 +10.5
     
    #684     Aug 24, 2007
  5. JSSPMK

    JSSPMK

    3rd lot +38.5
     
    #685     Aug 24, 2007
  6. Some U.S. technical indicators suggesting that rally will go on and surprise bearish market participants, who are trying to fade it...a "correction" of a "downward trend" - they will find out soon - may occur in much wilder upswings then they anticipated...as I stated already last week I am liquidating my FDAX long-term positions ( built up during my dynamic hedge "program" )...straddle beginning to show also "results"...I have no target for this rally, because I am generally skeptic about the macroeconomic environment ( subprime crisis and related implications - by the way : a lot of people not aware that we are experiencing a similar forcelosure crisis because of rising ARM´s in other countries around the globe like on the Spanish market ! )...

    So, selling into strength as long as there is liquidity is the name of the game !

    GL+GT

    :D :D :D
     
    #686     Aug 27, 2007
  7. JSSPMK

    JSSPMK

    There is a bearish divergence on 4 hour chart ES and so-so one on DAX, FOMC minutes might take ES to 1500 mark where I think sellers will be coming in strongly. Basically fade da news is expected near 2pm Eastern.

    Short 3 here off 2 min chart

    scaled out +8.5

     
    #687     Aug 28, 2007
  8. FOMC minutes: That meeting occurred BEFORE the Fed's Discount Rate cut. That cut, though primarily symbolic, represents a new perspective for the Fed and could possibly relegate the minutes to a true case of "yesterday's news." Just a thought.
     
    #688     Aug 28, 2007
  9. JSS,
    when you say "head fake" are you talking about
    A) a drop that recovers strongly
    -or-
    B) a move higher that reverses?
     
    #689     Aug 28, 2007
  10. JSSPMK

    JSSPMK

    True interpretation of news is price action as we all know, I will be first to admit that I have no understanding of fundamental analyses, so in a way FOMC minutes are meaningless to me, but a time to look at sudden increase in volatility and fade it off either near extreme tops/bottoms, small stop and potentially large gain.
     
    #690     Aug 28, 2007