MaximiliyanBotusharov

DAX 2017 Q1 PREDICTION ! SHORT 10950 TILL 9800 IN 4 MONTHS!!!

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TVC:DEU40   GERMAN STOCK INDEX (DAX)
*Hello traders, I make this chart because I see that all Indices were pumped after the US election and Italy referendum.


*In my opinion this is a bubble that will eventually burst when Donald Trump official came president of the USA.


*Entering 10950 - think that is a good LVL to enter short because 11000 is a psychological LVL like 10k 12k 9k ect.
SL- is 1/5 of the TP which is good i think


*1st, 2nd, 3rd TP how to trade ???

1st profit release the 50% of all short positions
2nd profit release the 25% of all short positions or the rest 50% of the 50% :)
3rd profit the rest

*if 1st target is reached what to do:
1st profit release the 50% of all short positions
could wait for pull back 600-650 even 700 and sell again

*if 2nd target is reached 2nd profit release the 25% of all short positions or the rest 50% of the 50% :)
don't sell after pull back " psychological LVL like 10k 12k 9k ect."

*if 3rd target is reached we can say to losers GOOD GAME WELL PLAYED!

*about the SL - it depends of the trader i dont use SL but i see that most of the people are making SL orders, I think that 11200 is a good SL order if you are scary like lil pu$$y

GOOD LUCK TO EVERYONE
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