Context

This was a ‘blood on the floor’ buy towards the end of March 2018. The market looks to be opening on a Monday with a more than 100pt gap in an already bearish context.

Trading room commentary from some very profitable Dax traders

AD 22/03/2018 08:39 I have a feeling that they will trick people in short and then rip it up into the 300s

GL 09:03 Not for everyone ..but I am going to try a long
AD 09:05 I like this long too
GL 09:06 L 87 stop 75

This looks like a very bold trade but you can see that price never moves below the support provided previous lows which you can see on this chart.

For context YTD chart from previous Friday close

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