<HELP> for explanation

Блог им. wannatradelikePTJ

DAX update

After the brief penetration of previous low, Dax June 13 has quickly reversed to the upside. My indicators turned long across the board. Now I shall entertain the possibility that market is going to make new recovery high before the downtrend will finally kick-off.

«Ego is how you lose money in this business. I put a trade on, and if it doesn’t start working straightaway, I respect the price action and cut it fast.” Michael Platt, founder of Blue Crest Capital Management

DAX update
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Не пойму я тебя. smart-lab.ru/blog/122343.php


Nikodim_333, why? It's clear — I sold short today at the open tick, expecting the market to go down a big way. But then something has changed — I have got a «buy» signal — so I covered my short and now I'm long.
wannatradelikePTJ, Отсутствовал пару дней. Приветствую! Какие мысли по целям лонга?
Hi. This week started very choppy — I traded both long and short on smaller TFs. Here it looks suspicious — pattern is not clear at all, but there are some indications for weakness ahead. I have no firm signals here and now — and ready for any outcome.
8380 если возьмём далее 8520 я так думаю


Vasdoc, you see what's going? That's what i mean!:)

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