Thanks Brixen. Very good points in your post. Agree. Some people already know what the CPI will look like tomorrow. You can read between the lines if you have connections and there's plenty of leakage from the source. I mean, somebody has to compute ...

DAX Futures June 2022

US were eager so I'd say 3950 was hit. I guess we can take some relief for now. Let's see if we hold 4k. Well done for your longs. The 300 overnight was a little unexpected for me (I forecasted 400) but we know the asian session means little So I ...

DAX Futures June 2022

thanks Brixen. I really meant short term bottom. Like today/tomorrow. Then we dive again. We're in long term correction here. My guess. The event you're referring were exogenous shocks and unexpected. What we're dealing with here is more systemic, ...

DAX Futures June 2022

the pace of descent is slowing down. perhaps 400 will hold. Second day with 90% down volume in a row. I guess short term sell-off might be ending. Will we see 14k ? I'm not sure.

DAX Futures June 2022

thanks for explanation.

DAX Futures June 2022

I'm watching you even when I don't post You've changed the way you calculate your positions and losses. Are you trying something different or is it an involuntary consequence of the way you feel abot your positions lately? I'm not worried about ...

DAX Futures June 2022

Morning Brixen! I guess they think we believe in fairy tails. I don't buy the error calculation theory. These things are well tested before putting them in production. No gross errors possible like this one. It's just a test or even deliberate mkt ...

DAX Futures June 2022

possible, but I'd be surprised. We're probably waiting till the Fed. In a sense, last week was a message. This week we'll wait for the answer. But I'm waiting out of the market for now.

DAX Futures June 2022

don't mind the gaps too much. no guarantees in them. other than that, look only at the cash index. and make sure your broker gives you correct quotes (many don't).

DAX Futures June 2022

Yes, typical Warren philosophy. Easy when you can wait tens of years and sit on top of a nice cash pile. A cash pile made while never paying a dividend while being compared to the S&P whose companies do pay every quarter. If he wasn't forced into ...

DAX Futures June 2022

As you can see neither a double bottom, nor the sharp reversal (so far). I made a lower low and trying to do a lower high under 945 (my ref) But can easily take out the old high. plan for the unexpected always.

DAX Futures June 2022

yep, only a 30pip. then broke down.

DAX Futures June 2022

950 looks like a good place to invert, temporarily.

DAX Futures June 2022

Thanks for sharing. Mostly agree and I've read quite a bit of your old journals. Call it homework but it's time well spent. I suggest all newbies here to start reading your old journals. The ones around Covid and the ones before. For today and ...

DAX Futures June 2022

Indeed, for now it is. I did what you did last week, trying to dig myself out of the hole immediately, while knowing that the move was sustained for the first half of the session. So sustained that the bullets ended around 10am already. I guess I ...

DAX Futures June 2022

What an extenuating morning. Short since the opening bell with huge positions. Thankfully all good now.

DAX Futures June 2022

Yes, you have to stand up. However, it is very important to be ultra-vigilant. Revenge tends to obfuscate the mind and makes you do stupid things. Don't ask me how I know. You did all OK today.

DAX Futures June 2022

I call them revenge trades. But it worked out ok

DAX Futures June 2022