Losing that, we have 3580-3540 as obvious target, but that 3400 pre-covid top is there to scare us. Perhaps not, as seasonal lifts might be coming.

DAX Futures December 2022

Memories come of 800+ moves in few hours. Horror stories, when caught on the wrong part of the trade. If today is like the last few days, we'll recover the morning movement by the US open. Let's see.

DAX Futures December 2022

Panic selling, exhaustion is necessary for a bear mkt to end. We're not even in the beginning of the winter yet. I'm afraid more's to come.

DAX Futures December 2022

He's cute. When he's on bashing like this, a reversal (short term?) might be close. I see sustained buying each time the dax goes above 300 and the es above 3680. So, do you constantly keep CNBC on? Bloomberg? I do, just leave them on a side monitor ...

DAX Futures December 2022

In hindsight it's easy. 370-360 was the daily pivot. But 405 was my upside target as shown on below (levels computed at mkt close, yesterday)

DAX Futures December 2022

it's yesterday's lows.

DAX Futures December 2022

I don't know for Bixen, but if I judge from my experience, it's all about connecting with like-wise people. This can be a very lonely business. Keeping a journal and having a chat helps with staying on track and focused. Our minds are very dangerous ...

DAX Futures December 2022

It's quite clear downtrend for now. Here's the 30minute and a simple average. I was hoping for a quick pop after the first day, which was negated (only about 1/4th to 1/3rd retracement). So, now next stop is Wednesday decision. But the september ...

DAX Futures December 2022

Agree. The asian session could've been a carnage, but instead they just retested the lows. It's a good sign. Going back in my logs, my best trades were made on multi day positions. Fewer trades, but made at the right moment. Those were also the ...

DAX Futures December 2022

We have bearish engulfing daily candles almost everywhere. I'm not sure this is sustainable for the next days. Tempted to open a few multiday longs here.

DAX Futures December 2022

Talk about overreaction. 120pts in ES.

DAX Futures December 2022

To me the price trajectory looks already quite vertical. With such "slopes" it becomes hard for me to follow the action. I can see the 500, 550 and even 600 levels on the chart and given the last days ranges we could even hit them, specially at ...

DAX Futures December 2022

Well, there's a thing called conditional probability. That is, the probability of your success given your ability level. Makes wonders for probability distributions

DAX Futures December 2022

Here's a daily chart of the index. Yes, quite clear.

DAX Futures December 2022

Volumes in the DAX are inexistant up to the last day of the old contract. Then, on the day of the rollover, they switch to the new contract. Very different than what happens on the ES.

DAX Futures December 2022

It looks like we're in a market globalization state across multiple asset classes. Everything goes up or goes down at the same time. There used to be a time when stocks and bonds would go in opposite directions. Not anymore. Gurus are faced with a ...

DAX Futures September 2022

Thank you, as always for the insight.

DAX Futures September 2022

I see. I still can't understand what is it that makes you decide a short or long bias in the morning. It seems to me that you're mostly long, unless the morning starts in a clear gap-up, but still you convert to long at some point. It's mostly like ...

DAX Futures September 2022

You're right. But I still need a reason to put myself in front of a running train and shorting it It's very dangerous to do so in the expiration week when the mkt is also so oversold. But hey, it's exciting also when you get it right.

DAX Futures September 2022

VW il selling 25% of Porsche, which is a small company. This is all a facelift. Porsche can make their price. VW no. I see it as a bad news, i.e. a proof that VW is cash strapped and needs money. This is comprehensible. EUR price drop is probably ...

DAX Futures September 2022