A break up on the DAX worked like a treat on Friday just wished I faded it. The DAX does have a tendency to just keep going pretty hard and wanted to fade the instead which got close to entry towards the close.
Today looking for a break away on the DAX again same trade as Friday above Fridays high now and cbol.
I am going to wait for the first 5mins of trade to finish and the an upside break of 3 points to enter if 12446 does not trade. No trade if the extreme gap back to 12446 closes.
Target 12556 area 30-50 points depending on the open 5min range.
Just a note the FTSE is on Holiday today.