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Oscillating in the Dax - still I am cautious about shorts right now:
Looking for Friday where a top might be made with a turning signal to get
some consolidation.
Today's Dax volume is pretty low (33K up to now) - because of a main holiday...
..the ES has in the 1h chart still a longer way to go before turning short.
The distance from VWAP band and Kumo is longer. But things might happen
at the same time - and ES has to drop a bit more ;-)
Looking here at the ES chart - I think today nothing dramatic happens.
From Friday on up to 20th this month some turning point is highly probable.
And they just put another flush onto bottom of range support in the Dax so they could fetch my trade for nothing - looks best today if I go out to hunt for dinner.
Two trades only in European time.
First short stopped -10 points, poor early one eyed trade, trader caught not concentrating.
Second short good s/t analysis and entry stopped for 0, had +14 on table, played for range breakdown, wrong choice, instead of setting stop b/e should have closed and reversed long after seeing flush onto support.
-10, 0 total -10. (10 point stops used in tight range day.)
Spent a little time removing a few charts and ES from main Dax screens for a simpler less cluttered Eurex layout, less feels better, much as I fight it.
Am warming to the live journal posting, though have to admit that yesterday was *terrifying*.
Froze at the open again, too busy reading posts. Nice brave call @GFIs1, your stop size selection is good!, but I just noticed unlucky today as I was focussed on s/t too much. Matters not.
Only one 20min binary option trade for me so far +5 points in the naughty boys play account. Would have been +48 if I held it.