Waiting, bull or bear?
The day starting with some excitement but ending in a boring session during the late hours of the tradingday. Clearly we have to wait later this week to let the markets move again.
My first trade in the morning was long after breaking out at 4742. In a tick the FDAX moving 3.5 ponts up and I went long just to see my position coming into a nice gain. It then slipped away and ended in a loss. I was expecting a further mmove up, we are all bullish at the moment aren't we? At entry point it quickly moved south and let me behind with a loss of 5 points which isn't the way I like. but OK, my initial stop at the last high.
I then turned my position to give me a decent 10 points ending the day in a plus. The rest of the day in a laziness mood end closing at openingslevel. Where will we go from here?
daytrading
FDAX
My first trade in the morning was long after breaking out at 4742. In a tick the FDAX moving 3.5 ponts up and I went long just to see my position coming into a nice gain. It then slipped away and ended in a loss. I was expecting a further mmove up, we are all bullish at the moment aren't we? At entry point it quickly moved south and let me behind with a loss of 5 points which isn't the way I like. but OK, my initial stop at the last high.
I then turned my position to give me a decent 10 points ending the day in a plus. The rest of the day in a laziness mood end closing at openingslevel. Where will we go from here?
daytrading
FDAX
posted by Carlo Giuntoni at 8:48 PM
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