The 5000 on the DAX?

No trades performed the last two days due to fact I had other things to do. The market consolidating above the 4800 level. Yeah I have to look very good, 4800. The danger here is the forming of a double top or a 2B top. Or are we going up again to the 5000? Don't see it is to high because the momentum and the move of the mast weeks is very impressive.

daytrading
FDAX

Changing and adapting minds

The markets in a winning mood especially the FDAX which goes up and up, now we are at 4800. It is true what I read here he who fears change should be afraid. I would say:

He who cannot adapt and change his mind will never win.

I went long too yesterday evening.to close in the day a profitable trade.

It is clearly the Nasdaq which leads the pack.

daytrading
FDAX

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