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edit: 10:40
Quite much pressure from buyers
Tricky situation near ATH and new week's start
Double up gap in the morning not easy as well concerning entry time
Of course a hard SL is always present.
Did you see a GFIs1 trade from 9:30 to 17:30 in this thread?
No.
This was well previewed:
1) New September contract
2) ATH in attack
3) Rising indices in USA
4) DOUBLE UP GAP for the beginning of trading on Monday...
which is VERY RARE - during a Dax Year... (maybe we need some statistics here?)
Given ALL those mentioned points: Large Stop Loss or NO Trade
Special rules for special situations.
GFIs1
PS: ah - yes - the SL setting was 50 points. No risk no Fun. And very rare too.
On a very high level the 30 Dax companies might make some window dressing
before first half year 2017 ends. 12700 works like an anchor for the moment.
And right after the tricky weekend with 4th July (US) holiday...
Unstable political situation: US against Russia problem in Syria, US pressing against
North Korea, GB Brexit and Theresa May, France, German elections etc. etc.
All that might reflect in shaky indices in next months. Be aware. **
GFIs1
** at least a Walzer might finally come up with that scenario
edit 12:48: reversal to this down PUSH was not easy - but found the right point.
Now hoping for 12769 (1h cloud bottom) before getting lower again. Of course
until 13:30