Morning traders!
I missed this signal this morning:
SELL #GER30 @ 9683.85 | SL:9754.85 | TP:9555.42 | 2016.07.05 06:05 (GMT) | ID 55135838
It’s a shame because the signal arrived, but I was not there to take it and as a result I missed out on this:
Close SELL #GER30 @ 9555.4 | Win: 153.97 pips | 2016.07.05 08:29 (GMT) | ID 55135838
What a kick in the *&^%.
Another irritation was that I sent out a short trade to my subscribers yesterday, which I sat on for most of the day, without even thinking about moving my stop loss to break-even, and right at the end of the session, price came back up and took out my stop, before collapsing this morning on open. Typical. That annoys me. But it happens, doesn’t it.
But on the other hand, my Forex trading has seen a significant boost by shorting the GBP, not very patriotic, I know, but I make no apologies. I have taken the account to an all time high: https://www.mql5.com/en/signals/121031.
Anyway, I have swept those annoyances aside and am pleased that we have seen a pretty decent technical reaction to the 50% retracement level, which now follows the fundamental theme and we are bearish again. So selling opportunities are going to be on my priority list for the moment. The brea
Right now, at the time of writing, we are approaching the daily S3 but showing no signs of slowing up. Rather than jumping in to the trade this blindly, I will wait for a pullback. We are also approaching some key support around 9500, so there is not much of a reward:risk opportunity at current levels (9517).
A sell from somewhere around 9632 could be interesting, a break below 9500 could be interesting and if that happens, then price could reach 9400 fairly soon and test 9200 over the next week or so.
No Dax Charts or Resistance today, because the article is later than expected.
