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TOPIC: Dax...200 point fall?

Dax...200 point fall? 25 Oct 2012 21:36 #1

  • Monkeyz
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Possible short from the 7255 zone which would allow for a tight stop. Some nice targets to be aiming for if you open more than one position. The fibs line up nicely with the S&R zones.

On the daily were just entering the cloud and on the 4 hourly were at the bottom of the cloud with a bearish slant.

Nice p&f target now active on the daily targeting that 38.2% retracement.





All the best,
M.
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Dax...200 point fall? 23 Oct 2012 23:45 #2

200 point fall complete...lock in profit if you took the trade or move stops accordingly
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Dax...200 point fall? 21 Oct 2012 13:44 #3

strong uptrend at present so risky, but this could fall 200 and still be within strong uptrend....7180 would give good risk/reward entry for long? (tight stops incase it breaks out early

dax.gif
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