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DAX SHORT 10:30 to 14:30 (IFO candle 10:00-10:30 gives direction)**
entry @ 15483
exit @ 15398
result + 85 points
GFIs1
** what an impressive candle @ 10:00 to 10:30!
edit 10:38 - the second following candle after IFO numbers has killed the main support of 15455 (not building a double bottom). This means getting into "nowhere land" from here. Means more down:
The DAX is now at a risk position.
We find a slip in March from the same level as today:
It is from March 13th.
And price went down to a low of 14460 on March 20th.
Of course the 15k line had no support in March as we can see.
This is a probable goal in the next days to have in mind.
The DAX killed the 200 day line which triggers normally a short!
I think it's worth pointing out that almost every day, @GFIs1 posts a trade early in the day (the quoted post is time-dated at 3:02 AM US Eastern Time, about 9:00 AM in Europe), with the closing price open, and fills in the closing price and result in an edit later in the day.
The confidence and openness is amazing in itself, and more importantly, It's usually positive.
Very good job on both counts. Just wanted to say this.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
