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Price movements in the last days from 10:00 to 11:00 in the opposite
direction was strong (yesterday in 30 minutes more than 10% of
overallday volume) and not expected.
As the price is in the daily cloud since 10 days and the system has
hit three times in a row the stoploss - there will be no more DAX trade
for this week: Rule No 1– protect your capital!
Normal price behaviour will be back soon.
Out of experience of the past 6 months I am giving more information
when taking a daily trade. The risk factor from low / medium / high
is already installed.
A next preview in the actual developing movements - speaking
of the morning opening I will give within the next two weeks:
There will be a prediction how the intraday movement will
proceed and evolve - chop chop for no big move - trending for
moving in a direction - and explode for some break out.
Hope to find the good tone in this concert :-)
Might help to think about risk management, setting SL and others.