persistent_edge

GER40 short entry

Short
persistent_edge Updated   
PEPPERSTONE:GER40   German 40 Index
The market is in an unusual state, very over extended. At this point a failure test is more likely to work.
Comment:
This is the supply we've been waiting to see come into the market.
Trade closed manually:
3.3R. I reckon this may well go much further to the downside but not without a bit of volatility. This is already a large profit trade so take the win and look for the next opportunity.

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