Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
This has in fact happened a lot this year. Although a lot of the DAX movement of late has been reaction to the US markets and therefore in the afternoon or evening.
Do you foresee an impact on the "1 Dax trade per day" strategy or is this a sort of anomaly or simply not interesting ?
There are weeks with only interesting moves on Tuesday/Thursday.
This is not easy to foresee on Monday or precedented Friday.
But if one sees it instead of having not trade I consider to watch Tuesday move
and eventually trade the Thursday then.
Will have a look back in my statistics and then decide.
The downmove was quicker in time than foreseen - but not for sure ending here.
The "W" is still possible with a leg up again. As well as a further down to 87xx next.
And from there even lower levels.
The daily volumes during the last 10 days were always increasing - if the next days
show lower volumes some upmove should be more probable.
Volumes in general were quite high - this means some shifting to the downside has
taken place. This could mean to be a longer trend...
