German 40 Index
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ที่อัปเดต:

DAX - END OF THE RALLY ?

Second tentative for a swing short on the german index

WIll look at increasing position with a daily close below 15600

The transition from an uptrend to a downtrend takes usually some times, will look at compouding/building the position between 16000 & 16200 if given

On a more fundamental note, market participants seem seducted by the FED pivot narrative, which I think is a mistake. I don't think FED will not cut rates this year.

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went close to the SL, added a few lots to the position.

SL placement was good, keeping it here for now.
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Now in good proftis - will add to the position if we flipp 15600 on a daily basis
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Did not get stopped on the wick as I always stop on a close basis

Still running
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Added to the position
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taking 70% off here
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and stopped :)

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