Carpe diem: Intraday tactics for Dax and Dow

Long

DAX, above MA100, a bit late, therefore just TP+20
+DOW, above MA100, TP+50



DAX TP hit, DOW took profit +40


Done for the day :-)

Normally I would re-enter here, but Im done for the day. Not risking what Ive made already.

1+2: previous trades long
X: could be re-long

A short explanation for one who cares,

I follow this thread quiet long and noted already in the past that deltaone is using MA100 on his trading.
With some basic understanding of price action the trading based on the 100MA should be successfull.

Basically:
Short 100MA bounces if price below 100MA
Long 100MA bounces if price below 100MA
Dax SL-10,TP+30, mainly during EU session 9-11am german time
Dow SL-25,TP+50, mainly during US session, 3.30-6.00pm, german time

I will start a "real" proptrading account challenge on FTMO begin of january to follow up this system and I will post the real results here, for anybody interested.

Something interesting about structure and how MA100 is helping here:

1: You can see doublebottom = support
2: Price push through MA100 and bounce on it = LONG +30P
3: Price bounce again on it, it's worth a long but as there is already a lower high, the probability to win is lower. It would get stopped out (best at BE)
4: Price break through MA 100 and bounce on it = SHORT +30P

Another setup based on MA100, Priceaction, S&R:




EDIT:
short played out as mentioned.

a last vizualisation of the basic principle/approach on it:


Will focus on posting live trades from now on, as far it's possible as each post must be released manually actually.

Still making lower highs...
short DOW

trapping longs..
shorted again and closed +50





Will likely push lower now?!

bullish tune.
Long DAX



Stopout Breakeven after 15p profit.
Should had taken these on this slow environment.

Long DAX+DOW

got stopped BE,
now re-entry Long

took profit manually, daytarget hit,

hello again,

long @32.705.

long @32.715

long @32.710.

long @32.701

long @32.720.

long @32.715.

long @32.690.

long @32.701