LeMercenaire wrote:I was actually very hesitant of taking that trade above, as it could have been a runaway train. Consecutive failed entries and price above yesterday's high.
However, I have been out all day and all I had in the bag was a freelanced DAX play (which actually had a 1-2-3 off same set-up). I then missed the rebound on that as well.
So took a calculated gamble, ready to counter it if I got slapped down.
On the chart below, you can see what the DAX 1-2-3 would have been. As I said, I had entered on a bounce from a pivot-level on the 10-min charts and that is marked by the dotted line.
You can also see the missed drop.
nice trade on the dax and NJ, I watching EU now wating for the entry short