Signal_Centre

DAX - Head and shoulders top formation. Selling a rally.

Short
OANDA:DE30EUR   Germany 30
DAY TRADE - EXPIRES AT 9PM UK

Trade Idea
Trading within a Corrective Channel formation.
Bespoke resistance is located at 12400.
There is scope for mild buying at the open but gains should be limited.
Continued upward momentum from 12195 resulted in the pair posting net daily gains yesterday.
Preferred trade is to sell into rallies.
Expect trading to remain mixed and volatile.

We look to Sell at 12400
Stop: 12480
Target 1: 12130
Target 2: 12000
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Comments

Morning ,just to let you know i reverse all in long at close, dax closed, dow and spooks and aus are long . I think we poised to go up .
Reply
Pretty quiet so far. Missed an entry on the FTSE earlier.

None of the markets I cover are looking particularly close to where I would like to get in.

We have 3 analysts at Signal Centre, so the ideas are published between us.
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Hows your day going ?
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Reverse all in short
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book in all short for now, just long. very very speculative
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Same amount long? Does that mean you are flat?
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fatboy007 Signal_Centre
@Signal_Centre, yes ,just to get better average
Reply
fatboy007 Signal_Centre
@Signal_Centre, in the way , as i am spread bet
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went same amount long just to get better average , hope to get 12266 or at least 12259. we shell see
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hope you get some of it
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