I look at the maestro levels, always respected by the horse. For daily indications however I use a more automated method and it's good when those levels agree with Fibo's. To avoid being trapped, I try to be on the side of the trend, with small ...

DAX Futures June 2022

Taking losses is healty. But beware of the dead cat bounce. My targets would be 670 down and 900 up. Quite a large range.

DAX Futures June 2022

I think you did the right thing. I'd have done it a lot earlier tough. Perhaps think about it as simple averaging over multiple days. Like when you cut your position in half around the break-even point to lower your exposure. Except today you did it ...

DAX Futures June 2022

You need some patience. Eventually, we'll come up again. Never surrender.

DAX Futures June 2022

Sell off seems over, for now. Let's see if shorts will prop us to the upside. I sww almost no buying around 730, but buying is intensifying since 780 .

DAX Futures June 2022

My only concern with your adding now is that closure at lows with momentum could be telling for the direction in the next hours.

DAX Futures June 2022

With the current range and closing price, tomorrow range expansions could go down to 13365 and up to 14200. huge range and the daily is increasing

DAX Futures June 2022

That is expected. We're in the blackout period. However, their message has been loud and clear. The market is going in their direction. We're factoring a .50 with .75 a real possibility.

DAX Futures June 2022

I myself will do the same. I have almost no exposure, however this move down calls for huge positions regardless. I'm only waiting for the move to slow down a little to start.

DAX Futures June 2022

it broke a technical ascending trendline on the hourly. nasty indeed and too quick. can't see a reason other than need to sell

DAX Futures June 2022

so true. I wish you get some time off today.

DAX Futures June 2022

Hi Brixen. I see it is a holyday in Italy, but you're forced to work today as well. Isn't your family complaining about this?

DAX Futures June 2022

Well, I was hoping 180 would be enough, it wasn't. Now I have another line at 120. If that's not enough don't know what will be. So far I'm keeping very light positions into next week. A week of major earnings and don't want to shoot all my bullets ...

DAX Futures June 2022

relief party in the closure ? perhaps closing shorts ?

DAX Futures June 2022

Let's hope we get above 350 then.

DAX Futures June 2022

Appreciate it but, I just got lucky I pick up luck over smart any time.

DAX Futures June 2022

I was watching it yesterday and it was one of the cleanest reversals I've seen. Almost no hesitation or consolidation at the top. Steady selling pressure and no retracements. My original idea for the area of no-return around 430-415 ended up being ...

DAX Futures June 2022

is that the hourly bar volatility contraction and breakout method? still works?

DAX Futures June 2022

Ok, makes sense. Thank you for expanding. I never consider the intraday margin as something to use at all to avoid having to close forcefully a position in loss.

DAX Futures June 2022