DAX FTSE 16 AUG 18

Plan yesterday was to buy a dip to the prev day low. Got there in the first hour of trade and bounced 20 points but fell 140 points from the highs. That is why you need stops and manage risk. Was hoping the big divi would attract buyers but global fears took over trade.

I did drag myself out of bed at 1am to trade the divi gap. The divi came off and closed the gap in the same bar which is very rare so made some good money.

Cant see anything to trade today. After a big divi would normally look to sell at 11:30 UK time but with yesterdays huge sell and no sign of buying cant see an edge. I think if it does get to 7600 might be a sell for a few points 10-20. That is where is really started falling yesterday.