Wednesday, June 19, 2013

Catching falling knives

I’m not made for catching falling knives!

DAX 1min 2013-06-19

8 min below my entry with PA looking as if we will break down further any minute.

Of course a prior look at the 60min would have told me that the entry should have been at 8218.5 and not 8225!

DAX 60min 2013-06-19

Slam-dunk into the 60 minute Kinjun-Sen

5 Minutes later:

Of course you always need to set a stop!!!!

DAX 1min 2013-06-19-1