Closed the short manually @ breakeven (no points made here).
The setup has changed now - the bearish pressure has gotten weak.
Looking for a new chance soon.

GFIs1

Trade four a long again -
entry @ 7212 today
looking to stay in the long up to Thursday - and close that then.
Seeing a reversal probable from Friday.

GFIs1

Seems that we have seen the quiet before the storm today - now the bullish scenario
looks on its way.
As the difficulties on the High Court of Germany had been fixed today - the indices are
showing confidence and are pricing in the foreseen decision of the court tomorrow at
10 in the morning.
If everything passes as thought - the price will move up on a higher level.
Looking forward to discuss the stuff soon ;-)

GFIs1

..the Dax move up after the decision (in fact a move after Draghi's speech) over 7400 pulverized my
foreseen turning point of 7366 ;-)
Anyway the "cash in" retracement of today after that bullish move - will holding the long trade til' tomorrow...
Hoping the 7411.5 of today may be pushed a bit further up?

GFIs1

.. but when?
Not much movements this morning.
Some noise after FED decision (18:30) may spike the Dax afterhours again more north.
From 20:00 ("Treasury Budget") some more push..
and on Friday with many results in the pipeline a sudden cold shower (the last one before
US elections) - I assume to get out at around 21:00

_____________

No risk - no fun

GFIs1

Looks not to bad.. scenario as previewed ;-)

Will get out @ 21:20

exit @ 7380 (left some little points on the table)

result plus 168 points

comment...: worked like a charm

total points since august 23rd (four long trades): 413 points
the only short trade was closed @ breakeven

GFIs1

Maybe I forgot to tell that from tomorrow FRIDAY
some downmove is expected here

what are we waiting for???

GFIs1

Some graph to show the missed possibility on the left of the chart and the
taken trade ended yesterday end of session:



GFIs1

One long trade with a result of 168 points brings as to a total of 413 points.

Result for 23.08.12 to 14.9.12:



GFIs1

Looks like after the days with so many news and numbers the new high is set.
So some retracement for the next few days is due.
I am looking for a good entry to take a new short for four to five days.
From september 22/23 a beginning long period is highly probable...
So the short is only a limited timeframe to look for.

GFIs1