DAX 0.18% 12,251 german stock index

Yesterdays plan was to look for longs on the ftse and DAX....

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    Yesterdays plan was to look for longs on the ftse and DAX. Unfortunatly the DAX closed the extreme gap back to Fridays high and the long trade more risky. But the ftse long setup and deliverd as stops were hit above Fridays high.

    The DAX did go all the way to R3 12731 which was sell and very profitable as well.

    Today, cant see anything on the DAX.

    The FTSE will look to short the same break below Mondays low and trade the first 5min range.

    Or sell a spike up to the closing gap in the first 5mins of trade.

    ftse 21 aug 18.JPG
 
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