Swing Trades DAX/DOW/NQ/GOLD

Quoting shh

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Hi DD, How would we know that we should not buy the rallies today? Are we being more conservative today because of the overall anxiety of the market?

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Quoting Dutchy Daxy

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{quote} I went short but (as posted above), my mistake was to exit my short much to early. How deep (or how high) a rally goes no one knows. But the problem is that when you close your position during a (down) rally, it becomes (psychological) much more difficult to go short again, because the market dropped already very deep as it Today did. Is that the answer on your question?

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Quoting Dutchy Daxy

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{quote} I went short but (as posted above), my mistake was to exit my short much to early. How deep (or how high) a rally goes no one knows. But the problem is that when you close your position during a (down) rally, it becomes (psychological) much more difficult to go short again, because the market dropped already very deep as it Today did. Is that the answer to your question?

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Quoting Dutchy Daxy

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{quote} The best example is the DOW short rally. I went short somewer on the top where the bars became red (under the cloud) As soon as the price came close to the Yest low (850>800 zone) I closed my short. Its hard to go short again after a drop of 300/350 points already When the price is already that deep, in general you can expect a bounce up. So my mind is/was waiting for a long bounce, but the markets had a very different idea and took an other leg down. The price didn't even touch the cloud on the way down, so it was very stupid to exit my...

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Quoting Dutchy Daxy

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DAX long @ 447 T1 +14p 2 lot 1 left open/SL trailing up Trgt Todays RTH POC/500 zone First baby bulls came in. {image}

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Quoting Dutchy Daxy

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Trgt 700/+1.0% (or higher) Closed +39/40p last lot @ Yest RTH POC {image}

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