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Attachments: Carpe diem: Intraday tactics for Dax and Dow
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Carpe diem: Intraday tactics for Dax and Dow

Quoting deltaone
{quote} thanks! fortune favours the bold
It certainly does - not everyone would have gone for that one straight after a loss - way to go!!
Quoting cat
{quote} It certainly does - not everyone would have gone for that one straight after a loss - way to go!!

waiting for the next chance. if cpi data could push dax to a new daily high, it could be a buy-signal i guess, will go long then.
can you share a chart for your bullish intraday outlook?
fortis fortuna adiuvat
Trues that Cat .. i always have to regain my confidence - TRADING PYSCHOLOGY

Quoting cat
{quote} It certainly does - not everyone would have gone for that one straight after a loss - way to go!!
Quoting deltaone
{quote} waiting for the next chance. if cpi data could push dax to a new daily high, it could be a buy-signal i guess, will go long then. can you share a chart for your bullish intraday outlook?
sure, though I'll wait until after cpi in a few mins.
long @ 9451. sl -10, tp +30
fortis fortuna adiuvat
Here's my hourly chart, but H4 also looks bullish for today. I have a 10 second, 1 min, 5 min, 15 min, and hourly chart open all the time. Note the great diversion with macd.
Attached Image (click to enlarge)
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Waiting for a Pull Back - to long

Quoting deltaone
long @ 9451. sl -10, tp +30
Quoting cat
Here's my hourly chart, but H4 also looks bullish for today. I have a 10 second, 1 min, 5 min, 15 min, and hourly chart open all the time. Note the great diversion with macd. {image}
thanks. i see.
fortis fortuna adiuvat
Dax Cash Short 9466 SL: 9491 TP: 9377
Whats get measured get improved
I have a trade i normally do on the dow(wall st) on a 30 minute chart. All i use for indicators are my moving averages and the daily pivot points. 10 mins to open of wall st i look at the 30 min chart and see if that current 30 min bar is either above or below my 10,20,50,100 and 200 exponential moving averages, if it is, i place a buy order, if bar is above the moving averages +4 pips for buffer and the stop loss -4 pips below the bar. If the 30 min bar before the open is below all my moving averages i place a sell order -4 pips for the entry below the bar and the stop loss the high of the bar +4 pips. I place a target profit at R2 daily pivot point if Im going long and place a target profit at the S2 daily pivot point if Im going short. Once triggered at the open of of wall st i leave the trade to run until it either hits target or is at the end of the 30 min bar and Im in profit. If im not in profit at the close of the bar, i let it run until i either get stopped out or im in profit

This trade normally happens roughly twice a week, so on average 8 times a month and i do it at 2% of my account. Ive done this strategy for a year and only had 2 negative months that were minimal losses. Have a look and tell me what you think, and even improve it
Attached Image (click to enlarge)
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Quoting Danku
Trues that Cat .. i always have to regain my confidence - TRADING PYSCHOLOGY {quote}
Long 9640
Quoting Danku
{quote} Long 9640
I think you mean 9460.
Quoting cat
{quote} I think you mean 9460.
Yes Yes .. maybe am dreaming the target as 9640 HEHEHEHEHHE
Quoting Danku
{quote} Yes Yes .. maybe am dreaming the target as 9640 HEHEHEHEHHE
This week anything is possible.
Fdax (5 min.)

I am still not convinced for going long.. yes I scalp longs but my bias is still bearish..

We have still a channel on 5 min. chart that looks like this:

Happy Trades
Attached Image
Be a seer, not a looker!
Quoting heavytrader
I have a trade i normally do on the dow(wall st) on a 30 minute chart. All i use for indicators are my moving averages and the daily pivot points. 10 mins to open of wall st i look at the 30 min chart and see if that current 30 min bar is either above or below my 10,20,50,100 and 200 exponential moving averages, if it is, i place a buy order, if bar is above the moving averages +4 pips for buffer and the stop loss -4 pips below the bar. If the 30 min bar before the open is below all my moving averages i place a sell order -4 pips for the entry below...
very interesting! will run a backtest with your parameters within the next days.
fortis fortuna adiuvat
Quoting deltaone
long @ 9451. sl -10, tp +30
tp hit. +30
fortis fortuna adiuvat
Quoting deltaone
{quote} tp hit. +30
Thats fab
Whats get measured get improved
Quoting AKCodingEye
{quote} Thats fab
thanks! good luck for your short.
fortis fortuna adiuvat
Fdax

The earlier resistance 9463 became now support.. If it holds my bias will change towards long

Happy Trades
Be a seer, not a looker!
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