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Scenario: DAX touched 3 times the trend line up since Aug 18th. Now it is the 4th attempt to kill the line form top thru to lower prices. This is the bias I mention above.
So today some lower prices of the DAX expected. Let's see.
DAX short 9:00 to 15:30
entry @ 15732
exit @ 15732 (stop on entry) 15:02
result 0 points
GFIs1
9:08 - works as previewed: price killed the support within minutes after start
9:52 - a rebound to 61.9 FIB has been seen - plus the next down with force
10:30 - a goal revealed for my trade: FIB 161.8% @ 15596
DAX long 9:00 to 13:30
entry @ 15785
exit @ 15794
result + 9 points
GFIs1
... again the side way's move (even in a up trend channel) are not easy to predict - the volatility is smaller and the volume not so high. See Asia today as a reference.
Thursday some interest decisions coming up might bring more substance for the stock markets.