Happy Friday and Happy Last Trading Day of the Month
DAX range has compressed so it is making multiple levels of support and resistance. We simply have to deal with it until it makes up its mind and moves
The bias is turning bullish by the day but the drop is going to be significant. So always be careful. "Trust the trend but verify" in force
Macro: EUR Unemployment, GDP, HICP, US PCE, PI + PS, Chicago PMI & Michigan CSI
Winning trades Long Trade #1: 9:1 - 180 pts Long Trade #3: 6:1 - 120 pts Short Trade #4: 2:1 - 40 pts (counter trend) Long Trade #5: 2:1 - 40 pts (closed at the close of the market)
Losing trades Short Trade #2: 20 points
Net for the day 360 points with an average R/R of 4.5R
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