GER 40 Trade Log

4 de dez. de 2024

GER40 Short Position (Discretionary)

Rationale:

- Overextension: The GER40 index appears significantly overextended without substantial fundamental support.

- Rising German Bond Yields: An increase in German government bond yields suggests a shift towards higher borrowing costs, potentially impacting equity valuations.

- MACD Divergence: A notable divergence between the MACD indicator and price action indicates a weakening bullish momentum, often preceding a trend reversal.

- CVD Divergence: Divergence in the Cumulative Volume Delta points to a disparity between buying and selling pressures, signaling a potential downturn.



Trade Details:
- Position: Short GER40 via market order
- Risk Management:
- Risk per Trade: 1% of trading capital
- Risk-Reward Ratio (RRR): 1:2

Note: This trade is discretionary and anticipates a sharp correction at market open. Despite the lack of a formal signal, the confluence of technical indicators and macroeconomic factors supports this decision.

4 de dez. de 2024

Trade fechado: stop atingido

And this is something I'll journal: "You retard, why on earth would you trade without price confirmation..."