*Hello traders, I make this chart because I see that all Indices were pumped after the US election and Italy referendum.
*In my opinion this is a bubble that will eventually burst when Donald Trump official came president of the USA.
*Entering 10950 - think that is a good LVL to enter short because 11000 is a psychological LVL like 10k 12k 9k ect. SL- is 1/5 of the TP which is good i think
*1st, 2nd, 3rd TP how to trade ???
1st profit release the 50% of all short positions 2nd profit release the 25% of all short positions or the rest 50% of the 50% :) 3rd profit the rest
*if 1st target is reached what to do: 1st profit release the 50% of all short positions could wait for pull back 600-650 even 700 and sell again
*if 2nd target is reached 2nd profit release the 25% of all short positions or the rest 50% of the 50% :) don't sell after pull back " psychological LVL like 10k 12k 9k ect."
*if 3rd target is reached we can say to losers GOOD GAME WELL PLAYED!
*about the SL - it depends of the trader i dont use SL but i see that most of the people are making SL orders, I think that 11200 is a good SL order if you are scary like lil pu$Y
Daily Bullish Reversal to watch stands at 1156110 and it will require a daily closing above this level to signal new highs lie ahead.
gaptraderhq
⋅
@MaximiliyanBotusharov ... Hey Buddy, just touching base to see if there are any updates in reference to the Dax. I am holding Dax short... a lot short!!! Any thoughts/ideas? Cheers Matty
shubaka
⋅
high of the fronth month future 11199.50...did you stoploss?