We had an up day with very low volume. In fact I would prefer to be short if I had to choose. Look at how I see the DAX. Maximum upward potential is 7600 at the EMA(50). Should it close above, regard the trade as a failure.
Well, the volume is not that bad, i wont say "very low" actually it's above 130k+ 7600 is good target and a great R. Dax is in the middle of this range 7400/7600. The strange thing is the drop of the volatility compared to stoxx or es... The stoxx made a new high this aftn (european time) dax was just below its high of this morning... I still keep my long as my average cost is pretty low.
sold the position bought this morning and 2/3 of yesterday long, thanks to the spike! I have a stoploss under 7450 for the rest. I need this spicy vodka...
ok but I can't combine all these... let's play golf first... Now it's time for a vodka.. Cheers from Dubai!
Hmm...I am long 7440.00 and ready to buy some more....we may see 7400.00 again...doesn´t matter...I am a buyer anyway...