Carpe diem: Intraday tactics for Dax and Dow

thx.

bad news for basf and bayer. those two heavy weighted components (more than 12 percent) cause -33 dax points alone. but dividend yield of 5,35%/3,9% will find some buyers, soon.

added 200 @13.771,74. tp +60

added 200 @13.760,13. tp +60

average entry = 13.768,12 atm.

fridays xetra-close was 13.744,21. will be a buyer again between and todays low (13.754,04) - if we go there..

i take note sir.

hi! good to see you back here

since i´m in a good mode: it´s a nice heuristic. 66% in general, but 80% when trend is up. dax made a new ath today, so i´m confident with the hypothesis that dax will close in green.
reasoning might be: on a holiday on nyse, traders of dow use the next most liquid market index, and that´s the dax (eurex or xetra, both combined for sure) in order to take advantage of the trend. some algos have the restriction to open trades only at open official exchanges, not on liquidity providers of another kind.
let´s see what happens...

nice V on 1m/m5. and sma100 taken on m1, same tested on m5.

first attempt failed on m5.

critical level:

added 200 q13.772,81. tp +60

at min big boys (bulls) wanna see 13.800 today - i put my money where my mouth is. might close there, depending on pa.

now long with 800 indices on dax. average entry = 13.769,29. net position slightly green atm.

added 200 @13.76473. tp 60

1000 indices long on dax now, with average entry = 13.768,38

no one else trading the beast?

sma100 taken on m1 + m5

time for a g/t and a cig.