TradingView
PRO_Indicators
15 juin 2017 12:32

DAX / m15 : maybe a counter trend long position here ! 

DAX index of German listed sharesFXCM

Description

DAX is now offering an interesting buying point. This is pure counter trend call here, I remind you that I'm selling the DAX and still having positions running with short leverage. This call is simply an opportunity for me to reward some extra pips on this interesting configuration shown by a joined Elliott/PRO Sinewave(beta) market reading.

Transaction en cours

Nearly got the stop triggered at US open but things are now doing great. Validation signal is coming soon I guess. Target 1 should be reached within eurozone session end (in 2h from US open)

Transaction en cours

as soon as the current top will be broken this will be signal for me to move stop at BreakEven and let the time do the job!

Commentaire

Scenario is now valid, I just moved the stop to BreakEven and I'm now out of any kind of trouble ;) Only waiting for prices to reach target 1 and I'll exit the trade (no overnight for me) to eventually rebuy tomorrow on retracement buy zone of todays move. I'll post you those level here on update ;)

Trade fermée: cible de profit atteinte

Target 1 reached this morning. I'm selling 733 an then eventually rebuy to target the second zone. But this is counter trend. So... I'm taking full profits on each target.
Commentaires
Jupiter1
Did you buy back in or are you waiting for a further drop? And will you wait until resistance around 12760 is broken before buying back in?
Plus