Dax: Short term long setup

25 set 2016

There can be a significant short squeeze in the Dax this week.
We can enter longs as described on chart, the price should move up strongly very soon, reaching the 10977 target in little time.
Good luck if taking this trade.

Cheers,

Ivan Labrie.

26 set 2016

Trade attivo

26 set 2016

Trade chiuso: stop raggiunto

With today's movement expanding the daily range, we now need to wait 3 days to see if the support here holds.

26 set 2016

Nota

Support isn't holding, it might be safer to short than to be long here. Or look to short Deutsche Bank instead.

26 set 2016

Trade attivo

"5 hours ago
Comment: Support isn't holding, it might be safer to short than to be long here. Or look to short Deutsche Bank instead."

...glad I flipped short at 10477.5, stop 10613

27 set 2016

Trade chiuso manualmente

Exit was 10311 for a 1.25R win.

27 set 2016

Nota

The Brexit support held. I'm looking to reshort higher, speculating on the DB mess not resolving. But we'll see after the next Frankfurt session opens.