This is my idea DAX 18/11/2016
Trade active:
The levels to which this dax are very high, and although it is true that the price never has a ceiling, there is no event important enough to think that it will stay bullish much longer. In fact, if this morning starts with a bullish GAP, I do not doubt that it can be a big gap, it will start a downward trend ...
On the other hand we have to take into account the interests of the "sharks". We have closed higher today, many traders have put their bulls up and expect to make a good profit with the GAP or today. If I were one of those "sharks" would trigger a bullish start for an hour or two to cause a sudden fall and kill the stops of all the unsuspecting. Then he would make a smaller pullback and start to accumulate positions for next week.
On the other hand we have to take into account the interests of the "sharks". We have closed higher today, many traders have put their bulls up and expect to make a good profit with the GAP or today. If I were one of those "sharks" would trigger a bullish start for an hour or two to cause a sudden fall and kill the stops of all the unsuspecting. Then he would make a smaller pullback and start to accumulate positions for next week.
Trade closed: target reached:
The objectives were fulfilled although the order was slightly altered by having a strong fall that I thought would be more moderate ... Finally the price moved between the indicated ranges, inlcuso the gap reached the point indicated .. A good day of trading.