This is why I will keep my DAX long positions over the weekend. Right now one is in profit and the other one is not in profit yet. But I am quite confident that they will be very green next week.
My count hints at a high of wave B on 22.11.17 or 23.11.17
Once I see another five waves up, I will start to ladder in my big short consisting of 4 full position sizes.
If wave B turns out like I projected, there is a historically proven probability of 69% that another leg down will fillow. This is where the big money is made. Waves C are usually my most profitable waves.
If you think this to be useful information:
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post. Please conduct your own due diligence, if you plan to copy anyones investment decisions.
If you make any trades or investments after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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