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Was not playing out according my rules. No problem to have left some good points on the table. The next ones will come for sure.
Price now reached the trendline - some more down is on the plan though. Now we will see this week the battle @ 15k* which means prices in the DAX lower.
Giving the price to go up or down - as long we have a look at the trend and the stops, we are still in the green.
Looking forward to some good trades ahead.
GFIs1
*edit 17:10 - the battle @ 15k has a result: a low of 14942 has been seen during cash hours
Ever thought or look at, beside your system, at the "Dow Theory", which plays since days in the US market indexes. Nasdaq has token the 14'000 level and now lets see.
I did analyses the markets this morning quit early at six hour EU time, as I usually go and take my three hour power walk at this time two or three times a week and was some how bullish like you, as in my opinion, which I also know now, I did read the wrong news to think in this way. Gladly I am not active at the moment, but sadly this is a good time to make good money.
USA deep red - recovered in last hours in some indexes
Asia deep red this morning
btc$ in the zone of 36 to 38k where we have seen two long stayings in the last year
IFO day 10:00 - last period slightly lower expected
No speeches
No important numbers
DAX this morning pre cash again above 15k after the nearly 5% dip from yesterday
During IB the DAX went in the battle @ 15k exactly on this line
DAX short 10:30 to 16:30
entry @ 15167
exit @ 15134
result + 33 points
GFIs1
edit 10:17 IFO went up first time after 6 downs '1 point' to 95.7 - despite this the DAX still is in the red
edit 12:52 - if seeing a "W" (30m) then a down to 14850 range is necessary. But for now the trade is on track
Markets seem not to move a lot today...
But the certain change in the interest rates in USA will change direction in many markets around the world. Be prepared.
Thursday - after FED's outlook to higher interest soon
Asia deep red - some indexes with a down during the cash hours > -3%. NIKK closed -3.11%
btc$ sideways
After this weird Wednesday in the DAX price jumped up yesterday after hour @ 20:00 to 15554 to start this morning near the 15k which meant minus 500 points or -2.2%. Now the battle at the 15k line is today's theme.
No speeches
A bunch of numbers US 14:30 (yearly and monthly)