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Thread: DAX to drop

  1. #1
    Solid Member jango_down's Avatar

    DAX to drop !!!

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    <div id="chart_message">expecting a drop. If i could trade 2weeks i would but am settling for a 1month trade.</div>
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  2. #2
    Solid Member jango_down's Avatar
    hmmmm i set trade at $10230, not sure why my entry is at 10205...

  3. #3
    Legendry Member Michael Hodges's Avatar
    this will probably work, the ECB can't over QE, the risk is no QE or under QE which will disaapoint the market, most likey causing a pullback of some variety.

  4. #4
    Solid Member jango_down's Avatar
    cheers Michael.........although there's a long time for the trade to expire, it looks like i jumped too early on my 2 indices trades. Trend reversal trades are always difficult to pick the "reversal" and i was sure that i was close. This is why demo trading is necessary, as a good lesson has been learned here - that being, to hold on and keep analyzing the chart before you jump.

  5. #5
    Legendry Member Michael Hodges's Avatar
    Yeah, its hard to trade ahead of the news, the ECB surprised to the upside and supported the market, ....

  6. #6
    Veteran Member Dan21's Avatar
    It is very difficult to pick reversals. Actually I don't like picking tops and bottoms because it is very hard and most of the time you are on the wrong side of the market so better to trend follow till the trend crash

  7. #7
    Veteran Member Dan21's Avatar

    DAX Weekly Call !!!

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    <div id="chart_message">Trend expecting to go up next week.</div>
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