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-   -   Trade the Dow/Dax (https://www.forexfactory.com/showthread.php?t=913416)

basit1 May 22, 2019 3:39am | Post# 121

76.4% now at 165.
Dow is a buy or a sell?

cat May 22, 2019 3:48am | Post# 122

That last downward push to 129 stopped just short of the 76.4% from this morning's low. Those 61.8 & 76.4% fibs can be powerful levels on any time frame.

With that second rejection to the downside, it looks as though the price may try for higher now, but those R levels still look strong to me, but as we now, Dax can rally hard once it has made up its mind, and vice-verse of course.

cat May 22, 2019 3:59am | Post# 123

{quote} Dow is a buy or a sell?
It's been in a downward trajectory for the last 3 hours, so too low to get in on the short side now..sell high, buy low.

cat May 22, 2019 4:11am | Post# 124

For those trading the Dow, I have a cluster of powerful moving averages not far below on the 30m chart, the 100sma/200sma/200ema all between 25,780-800, so be mindful of those if you are short I would say, or thinking of going short. Atm, it is rising slightly off of the 15m 200ema which I have at 817.

EddyL May 22, 2019 4:36am | Post# 125

Looks like it might be just a ranging day on the DAX. Sell at highs, buy at lows.

cat May 22, 2019 4:56am | Post# 126

Looks like it might be just a ranging day on the DAX. Sell at highs, buy at lows.
It's looking that way atm for sure.

cat May 22, 2019 5:29am | Post# 127

The Asian high broken. I have resistance right here @ 195 on Dax, with higher potential R if this breaks arounfdR1 @220.

cat May 22, 2019 5:56am | Post# 128

https://hangouts.google.com/hangouts...lwldljchc3tvee

Just trying something out. I'm on live screenshare through this youtube link if anyone whats to take a look, as I have some levels to show on the Dax, and this is the easiest way to do it. Please let me know if it works, and if you can hear me through the microphone.

cat May 22, 2019 5:58am | Post# 129

Does it work? Can anyone see my H4 Dax chart?

cat May 22, 2019 6:02am | Post# 130

Can someone click on that link above and tell me what happens, as I'm not sure it is working.

cat May 22, 2019 6:04am | Post# 131

Don't worry, it's not going to send a virus to your computer or anything!

cat May 22, 2019 6:07am | Post# 132

Does nobody want to tell me if they can access my live youtube screenshare through the link above?

cat May 22, 2019 6:20am | Post# 133

Still no one?

Pixie666 May 22, 2019 6:30am | Post# 134

Still no one?
Hi Cat, i am downloading the hangout app from App Store so will know in a minute if itís working

cat May 22, 2019 6:30am | Post# 135

Okay, no response, so I'll shut it down and get someone I know to tell me if the link I share gets through to live screenshare.

What I wanted to show was the very potentially strong resistance I have on R1 or around that level, today's R1 being @ 200 on Dax. The price is already looking like it's been rejected, so we'l see.

cat May 22, 2019 6:31am | Post# 136

{quote} Hi Cat, i am downloading the hangout app from App Store so will know in a minute if itís working
Nice one, thanks Pixie.

Pixie666 May 22, 2019 6:36am | Post# 137

{quote} Nice one, thanks Pixie.
Haha I am knew to this app, so I logged in and all, when I click on the above link it makes a call through is it correct? I mean is that was it suppose to do?
i saw my face, I am using it on my iPhone.
i closed the call immediately my hair looks a mess

Pixie666 May 22, 2019 6:39am | Post# 138

Okay, no response, so I'll shut it down and get someone I know to tell me if the link I share gets through to live screenshare. What I wanted to show was the very potentially strong resistance I have on R1 or around that level, today's R1 being @ 200 on Dax. The price is already looking like it's been rejected, so we'l see.
I called again this time without camera, someone did answer though I couldnít see any charts anything So donít think it is working properly

cat May 22, 2019 6:39am | Post# 139

{quote} Haha I am knew to this app, so I logged in and all, when I click on the above link it makes a call through is it correct? I mean is that was it suppose to do? i saw my face, I am using it on my iPhone. i closed the call immediately my hair looks a mess
haha!

You are supposed to see a 4 hour dax chart, not your own unshaven face!

cat May 22, 2019 6:40am | Post# 140

{quote} I called again this time without camera, someone did answer though I couldnít see any charts anything So donít think it is working properly
Okay, I'll have to sort it out. Closing for now, and I'll try again later. Thanks Pixie!


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