4 TOPS IN DAX ?

26/08/2013 by

What is the significance of 4 tops ?

Or is it a double top + double top ? 2 double tops ?

It is all coming at a time when the street is showing renewed longs in the EUR/USD, positions at a 2 year high.

Perhaps a bit early for election positioning ?

I am looking to short the EUR/USd for 1.3186, the 50 day m.a. At 1.3475, I will know I am wrong.

Category : Equities, Forex, Market, Stocks

7 thoughts on “4 TOPS IN DAX ?”

everybodylies on 27/08/2013 at 10:52 AM said:

EUR is too expensive, but what would be the trigger? Seems to be bouncing higher?

Gallen on 29/08/2013 at 4:46 PM said:

Congrats! At least in a position to put a trailing stop to lock in profit 🙂

Gallen on 30/08/2013 at 12:13 AM said:

Not me, I am referring to you :p

tradehaven on 30/08/2013 at 11:06 AM said:

Haha. EUR did not hit my target though, 1.3186.

Gallen on 30/08/2013 at 10:58 PM said:

almost there now? 1.3189-90?
Congrats again! 😀

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