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I understood Friday trades where usually in the opposite direction of your IB Bar (which was a bull candle). Any thoughts to share on why you went long and at 10am?
Well seen @Canozy.
Reason is easy: No two Friday trades within 3 days.
The last Friday rule was on the last of month - means Wednesday.
Thus extra rule for Friday - as seen with good result.
This week Thursday GB elections
plus ECB conference (changing anything?)
Next week Friday 16th triple witch 13:00h for the DAX!
Political threats
• US Russian connection - public interviews
• Germany/Turkey Incirlik military movement decision (Tomorrow)
• Katar disaster and where will it lead
• Syria, China/US etc.
• Surprise from North Korea eventually
Outlook June/July/August:
Low volumes and maybe uncorrelated moves or patterns
Roundup:
Stocks are still on the upmove...
Depending on outside threats or other - prices may jump over 13k in
the DAX or melt.
If you are not sure, do not have strict stop settings or you don't want
to move into risky areas Stay @ the sidelines until September.
