Euro Stoxx 50

Looks to have bottomed out at 352. good call. I'm off to bed anyway, good luck with your long.

Annika said:

Today is a slow start in stoxx (11 tick range) but I'm eyeing yesterdays VPOC (3353) as a level looking to possibly trade at if we get down there..

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Annika said:

Another reason i like 3353 on stoxx is it was resistance last Thurs, Fri & Mon..

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Nice trade, well done. I traded the FESX a while ago but switched to the Bund. Had a look at the FESX chart this morning and noticed the 3353 level also triggered a buy on my own chart. The 3353 level attracted good volume and set up a consolidation zone. My trigger would've been at 3354. Exit would've been at the high volume downthrust at 3368. All hindsite I know but it's always interesting to see 2 styles of analysis converging at the same levels.

Great thread, always good to see another view of the market.

captain black said:

I traded the FESX a while ago but switched to the Bund

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Why did you switch? better volatility?

3lliot said:

Why did you switch? better volatility?

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Yes, better volatility and more suited to my short term swing trading. I average around 30-40 trades per session on the instruments I trade but the FESX had dropped down to around 10-15 so I needed to switch to something else in the European timezone.

(Thanks again to @CanOz for the suggestion of trading the Bund in @Modest's futures thread).