Thank you for the compliment I'm not employed by anyone and never have been. But macroeconomics is the base for everything and I'm very interested in it.

DAX Futures June 2022

Yes, this is a common narrative. It takes only a couple millions traveling to give that impression It takes very few millions per nation to fill up the highways and the common tourist spots and cities on a given weekend. Yet, you need to take into ...

DAX Futures June 2022

If you think the US is slow in raising rates, don't look at EU. I can't believe they're going to let an 8+ inflation run uncontrolled. All because EU so so much indebted that any raise in rates will kill the PIGS economies. It will also hurt ...

DAX Futures June 2022

I agree. The FDXS is so thin. The FDXM is just a little better. When compared to the ES the difference is huge. So, given that my broker(s) allow me to trade to the last second, and even expire a contract and take it to liquidation in my own ...

DAX Futures June 2022

My bet is on a pre-expiration mini-crash to shake off weak hands, then a decent close. But this is just a feeling for now, so not highly reliable.

DAX Futures June 2022

very weak dax despite somewhat good US. I'm afraid 350 is coming. It that does not hold 250 is possible.

DAX Futures June 2022

Thanks for sharing.

DAX Futures June 2022

Interesting way of choosing the anchors of the ABC pattern. To me, the market was quite neutral until XO. Tight range, quiet moves. The storm after was unexpected (for me). The attached graph is what I'd be thinking in real time. A break down of the ...

DAX Futures June 2022

Thank you very much for clarifying. I'll do some homework (statistics/plots) to see if I understand correctly.

DAX Futures June 2022

Islander, I've been wanting to ask for some time now: How much of that move did you actually capture? I'd say it would've been "foolish" to enter immediately on your marks as, most often than not, the first move is contrarian, hence any entry at ...

DAX Futures June 2022

You're doing well my friend. Where the market is and what it does, is of no concern to you, as long as it moves a little I'm resisting the idea of selling everything and doing the same. I don't have the nerves of steel that are required, so I'm ...

DAX Futures June 2022

Absolutely right. I'm buying too. Just not expecting a miracle by the year end. What we're dealing now is not an exogenous, unexpected shock to the system which can be reverted by pure brute force (i.e. money stimulus or algo fixing). We have a more ...

DAX Futures June 2022

Lol, he 2022 high were achieved in near-perfect market conditions. Since then we have: Inflation is a multi year affair. Fed withdrawing liquidity and starting QT for many months to go Oil and commodity shortage. A war in EU A famine in developing ...

DAX Futures June 2022

I agree, same old tactics. And MM is multi-dimensional. They play on all fronts (stock, options, futures etc), so we don't see their whole hand (in poker terms). The march future started around the 14330 level. Technically, they'd have to show some ...

DAX Futures June 2022

Yes I did. I had a two level short from 600 and 700 all closed at 460, on the double bottom where it made a quick, short rejection pin. I'll probably wait on the sidelines until Friday as entering now in front the CPI is a little risky on a ...

DAX Futures June 2022

I'd suggest you plot a few expirations back, say 2-3 years and see for yourself, in your own time. It will open your eyes on what to expect much more than anything anyone can tell you In general, do the same for each market phase: Morning, Lunch, ...

DAX Futures June 2022

It's wonderful how you and I are often on the opposite sides, yet we both make money The timing is everything !

DAX Futures June 2022

600-620 will be telling. If it acts as support, then we should go higher. perhaps tomorros in the EU open.

DAX Futures June 2022

Hi Brixen. I've been lazily trading along the sidelines these days. The 600 (ish) has been so far the ceiling, multiple times. We also failed to go lower than 350. So 350-600 (my range from a few days ago) is still not broken. Seems in line with the ...

DAX Futures June 2022