I am long in the DAX, with a very small stoploss. Here is why:
The range from old ATH to new ATH projected downwards was todays low.
This is a very symmetrical pattern that the market created today. So I had to go long. Don't care, if i get stopped out. The risk reward ratio is tooo damn good to miss this trade.
Update: stopped out. This could go very deep now that this support is broken.
Thanks for sharing this! Definitely very important to always have stop losses set. I've learned many a times the hard way.
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