Yes, at 200 pips from start I'm about 160 fdxm pips in drawdown (using your reporting method) and my break even is no more than 50 pips from the current price. I'm still working on defining my rules of engagement with the DAX. How far to let it go ...

DAX Futures March 2022

Waking up to this was certainly unexpected. Wise choice, let's wait to mkt to normalize. I guess there are some lessons are learnt around the globe.

DAX Futures March 2022

Thank you. Appreciated, albeit late. I had I had my hands full with the the DAX. Against my own judgment I longed from 800 while my bias was on the short side. Not a big deal but not my only worry today as well. I keep only a single FDXS from 580 as ...

DAX Futures March 2022

Do you still follow his Elliott's waves theories, or do you have a more general look at waves ? I think Elliott's waves never worked, but the idea if major/minor waves is sound given the fact that big positions need time to be traded in the mkt.

DAX Futures March 2022

Interestingly, we're trapped between 50% and 38.2% of the yesterday's range. So technical.

DAX Futures March 2022

Yes, I've been trough some other crisis as well (including 2008). And February/march 2020 is what I was thinking about. Gap down after gap down and see a bid/hit a bid market. But the scale today whould be lower.

DAX Futures March 2022

I wouldn't be surprised if we'll have a cascading effect from margin calls/forced selling here. Specially when the US opens later.

DAX Futures March 2022

There's no market to trade in. I'm lucky to be out.

DAX Futures March 2022

This weakness comes unexpected. It's a little scary to think what will happen in the US if we don't recover.

DAX Futures March 2022

off cource I mean it's NOW acting as resistance.

DAX Futures March 2022

I was looking at 810-815 on the daily (DAX index) and it's not acting as resistance. The level goes backup to march 2021, so I was very surprised to see it go so quickly. It could just be a low-vol pin (i.e. irrelevant), but for now it acted as ...

DAX Futures March 2022

And I got distracted a little, so nothing bought aroung 600. I only had stuff down to 650

DAX Futures March 2022

algo going nuts. Absolutely no reference, and this is the result

DAX Futures March 2022

I had 15230 as a dynamic resistance and it stopped right there.

DAX Futures March 2022

I'd think that no US means it's relatively cheap to do a large range. Less friction and then return at the starting point by the evening.

DAX Futures March 2022

If we follow the trend, 850 is possibile and below. Perhaps not today. But today the friday range puts us at 14900-890 as a target.

DAX Futures March 2022

Thanks for the insight this week. I'll probably do the same.

DAX Futures March 2022

Every time retail traders get educated enough to be profitable, they invent a new "protection" to prevent you from being profitable. For example, we can't trade US ETF for our own "protection" and we have to trade crappy EU ones, where available.

DAX Futures March 2022

260... hope it holds.

DAX Futures March 2022

I'm not touching it until there's some calm.

DAX Futures March 2022