Australia's largest stock trading and investment forum Australia's #1 stock forum

DAX

Click for more information

0.13%

11,405 german stock index

DAX FTSE 22 AUG 18, page-2

First 2 Last

Share
Profile

Follow
Owenb79

3,232 Posts.

188

22/08/18

17:24

Post #: 35102450
Share

Originally posted by Owenb79 ↑

Yesterdays plan was to trade the FTSE and fade the closing gap. Worked a treat. Hit in the first 10mins of trade and dropped like a stone for a mega profit all the way back to the prev day low.

Cant see anything on the DAX.

The ftse is extreme gap down and below cbos 7548 today. It is divi day and only small but they are still bullish trading sessions. I generally do not like to sell on divi day and my usual trade would be take a break down of the 5mins of trade at the open. It looks really negative and heading to S3 which will be a good buy for 10 points. I imagine if cash opens and hits some stops will get there, 7506. Otherwise it might pop up close the extreme gap and then drift in no mans land all afternoon. The size of the divi is far too small for a trade at the close. Need at least 10 points to make risk reward worth it.

In the first 10-15mins of trade.

View attachment 1252511

Expand

Any other day I would have faded the extreme gap close near 7556. Buying for gap close with all the bad news getting around was far too risky for me but in hindsight a better trade.

Value at posting: 12,384
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

HotCopper Highlights: Your most watched stocks for Week 47, 2024

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

First 2 Last

Add DAX (INDEXDB) to my watchlist

(20min delay)
Last 11,405		Change -14.720(0.13%)		Mkt cap ! n/a

Open	High	Low
11,405	0.00	0.00