BullBear52x wrote:R2K on my Mid to Long term set up, due to negative histogram at this writing, one more sell coupon for bear remain to be seen soon. right now it's entering the pivot sell spot now.
I will also use it, good R/R with selling against ATH
So shorted now TF @1119
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
DAX might be the most manipulated index in the world, but it sure does what technicians expect . Friday is going to be interesting: I'm expecting a breakout to the upside targeting 9330 - but presumably it will fail. It all depends on what happens when Wallstreet opens Friday morning.
uempel wrote:DAX might be the most manipulated index in the world, but it sure does what technicians expect . Friday is going to be interesting: I'm expecting a breakout to the upside targeting 9330 - but presumably it will fail. It all depends on what happens when Wallstreet opens Friday morning.
The attachment DAX6.png is no longer available
DAX 1 min chart: watching the big boys build an inverse H&S. Like watching children play with their building blocks
uempel wrote:DAX might be the most manipulated index in the world, but it sure does what technicians expect . Friday is going to be interesting: I'm expecting a breakout to the upside targeting 9330 - but presumably it will fail. It all depends on what happens when Wallstreet opens Friday morning.
DAX6.png
DAX 1 min chart: watching the big boys build an inverse H&S. Like watching children play with their building blocks
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
uempel wrote:DAX might be the most manipulated index in the world, but it sure does what technicians expect . Friday is going to be interesting: I'm expecting a breakout to the upside targeting 9330 - but presumably it will fail. It all depends on what happens when Wallstreet opens Friday morning.
The attachment DAX6.png is no longer available
DAX 1 min chart: watching the big boys build an inverse H&S. Like watching children play with their building blocks
checking Dax 2 hours bars.
If we see a break of the bull flag, target could be about 9335. It would be the upper band (pink) of an ascending channel from september and a good-bye kiss of the former green channel.
So, I think we have to wait and see (but would cause a great short squeeze once again).
uempel wrote:DAX might be the most manipulated index in the world, but it sure does what technicians expect . Friday is going to be interesting: I'm expecting a breakout to the upside targeting 9330 - but presumably it will fail. It all depends on what happens when Wallstreet opens Friday morning.
The attachment DAX6.png is no longer available
DAX 1 min chart: watching the big boys build an inverse H&S. Like watching children play with their building blocks
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
I guess we've just got to wait and see. All kinds of outcomes possible. And the next US budget fight is looming over the market, and the uncertainty of the Fed's iniitial tapering and its effect on the market.
Today at 11:00 a.m. EST there should be a big move in the US, I presume Europe will follow
KeiZai wrote:
uempel wrote:
KeiZai wrote:
uempel wrote:
uempel wrote:DAX might be the most manipulated index in the world, but it sure does what technicians expect . Friday is going to be interesting: I'm expecting a breakout to the upside targeting 9330 - but presumably it will fail. It all depends on what happens when Wallstreet opens Friday morning.
DAX6.png
DAX 1 min chart: watching the big boys build an inverse H&S. Like watching children play with their building blocks
champix wrote:checking Dax 2 hours bars.
If we see a break of the bull flag, target could be about 9335. It would be the upper band (pink) of an ascending channel from september and a good-bye kiss of the former green channel.
So, I think we have to wait and see (but would cause a great short squeeze once again).
I also see 9300 as resistance and up at 9360 there's resistance too. But your pink channel and my inverted H&S are 9330ish...