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pipfarm replied Jun 22, 2017my only other concern with the dax is that the current pattern suggests a huge correction is coming as the uptrend is getting erratic ,some kind of diagonal trend and they are usually a sign, we are also in un-chartered territory with new never seen ...
FDAX Sept 2017
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pipfarm replied Jun 22, 2017i would not worry about that ,it might be they decided to scoop up some more short orders that came in after the break out or take out stops that were too close to the bk out i hope it doesnt go too far below 773 cause i will start to stress the ...
FDAX Sept 2017
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pipfarm replied Jun 22, 2017well done , 800 is where i will be long as it looks like the hourly major wave continuation, hope to see a big move up above the previous h1 high
FDAX Sept 2017
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pipfarm replied Jun 21, 2017next trade on a break of 796 for a long, will place a buy stop order
FDAX Sept 2017
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pipfarm replied Jun 21, 2017[quote=Brixen;10003858] Hey pipfarm, you help me a lot today. I remember your 733 retest, so I've bought an heavy load around 740..... thanks[/quote no problem ,,, profit all round
FDAX Sept 2017
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pipfarm replied Jun 21, 2017your going for it!! im out and still half my profit from today
FDAX Sept 2017
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pipfarm replied Jun 21, 2017here we go 816 coming up with a break i hope and maybe a retest of 817 so that means we trade from 777 to a new high them exit retest and buy again to the next level
FDAX Sept 2017
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pipfarm replied Jun 21, 2017closed the short minus 5 inc spread, brain getting tired plus i did not like the non event at the 5 min previous old res becomes new support
FDAX Sept 2017
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pipfarm replied Jun 21, 2017Im not sure, because i can only react to the new trends as they develop then i know what to
FDAX Sept 2017
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pipfarm replied Jun 21, 2017it could break that 733 level and 817 but would still need to retest 733 and break 817 again before i would go long.
FDAX Sept 2017
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pipfarm replied Jun 21, 2017there can be three trends in play minor,intermediate and major on every time-frame but for my purposes i play two.
FDAX Sept 2017
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pipfarm replied Jun 21, 2017yes because there are 2 trends acting on the 5 min, a 30 and a 5 or minor and intermediate
FDAX Sept 2017
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pipfarm replied Jun 21, 2017733 old support becomes new resistance, i think we might have to come down again before re attempting the 733
FDAX Sept 2017