Dax - Daily analysis and Discussion | Page 31 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Live discussion intraday DAX trading 63 replies

Daily Trading Signals, Discussion, Share and Analysis 18 replies

Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades 203 replies

DAX & Nasdaq cash open daily profits 1 reply

Daily pivot point indicator on mt4 for dow and dax 1 reply

Attachments: Dax - Daily analysis and Discussion
Exit Attachments

Dax - Daily analysis and Discussion

  • #601
  • Sep 27, 2017 7:15am Sep 27, 2017 7:15am
Quoting mag00
If ... ... the analogy between trading and chessgames was correct ... ... (and for me it is) ... the following question would be: Is it useful to read and understand a player's games? His ideas? His strategies? And those of different players, mediocre, good or champions who are? P.S. a chessboard ... a chart...
It is, for sure. But that is only one individual, useless when you are facing someone you have never played before unless they play an identical game, which is impossible. The market is very different, because it represents an amalgamation of every trader and every human programmed computer out there, an ocean of greed, fear, hope and expectation. When we are playing chess, we are playing a single individual, using our knowledge and experience to gain the upper hand. When we take on the market, we are playing against human nature, and in that, there is a big difference. Chess is great though, very good for thinking analytically, which is its prime importance for trading purposes.
  • #602
  • Sep 27, 2017 7:26am Sep 27, 2017 7:26am
Quoting cat
{quote} It is, for sure. But that is only one individual, useless when you are facing someone you have never played before unless they play an identical game, which is impossible. The market is very different, because it represents an amalgamation of every trader and every human programmed computer out there, an ocean of greed, fear, hope and expectation. When we are playing chess, we are playing a single individual, using our knowledge and experience to gain the upper hand. When we take on the market, we are playing against human nature, and in...
The player's style emerges in the moves as ...
... the trading plan in the orders

P.S.
All that remains is to ...
...observe them ...
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #603
  • Sep 27, 2017 7:28am Sep 27, 2017 7:28am
Quoting Brixen
"the only way to success in this business is to spend many thousands of hours locked away in a quiet corner of the house figuring it all out for ourselves" that has been my life in last 15 years, I know that I am not the only one ....but you have described so well
No, you most certainly are not the only one.
  • #604
  • Sep 27, 2017 1:38pm Sep 27, 2017 1:38pm
Quoting cat
' Actions speak louder than words '- and never a truer statement was ever spoken. .... What I see others may not see and vise versa. After all, I learned all I know not from watching what other people are doing, but from what I am doing. For this reason, this will be my last post on this thread, though others obviously are more than welcome to keep it going. I will be posting from time to time on my Trader's Academy thread when I have something I deem may be useful for others. Good luck, and green pips to all!
I think it is of value for yourself. You post your own thoughts and analysis and it is here on FF forever. You can come back whenever you want and analyse your past analysis. What worked, what not? why?
It is like having a journal. Anyway, all the best to you pal
  • #605
  • Sep 27, 2017 2:06pm Sep 27, 2017 2:06pm
Quoting cat
' Actions speak louder than words '- and never a truer statement was ever spoken. I do not post my trades here on ff, a lead I think most traders here are looking for, though personally I have always found this of limited value to anyone except he/she who is posting the trades. I have also come to believe, particularly during the short time I've been posting on this thread, that posts by others on levels etc, are also of very limited value to others, especially so as we all have our own unique systems we are working from. What I see others may not...
I remember you when trading with Geppy. You seemed to be a big fan of his , maybe a weekly write up Geppy style is more suited for you.Good luck in any case.
  • #606
  • Sep 28, 2017 1:07am Sep 28, 2017 1:07am
Quoting Pip-Miner
{quote} I remember you when trading with Geppy. You seemed to be a big fan of his , maybe a weekly write up Geppy style is more suited for you.Good luck in any case.
Not so sure about that, but thanks.
  • #607
  • Sep 28, 2017 1:09am Sep 28, 2017 1:09am
Quoting Wachturm
{quote} I think it is of value for yourself. You post your own thoughts and analysis and it is here on FF forever. You can come back whenever you want and analyse your past analysis. What worked, what not? why? It is like having a journal. Anyway, all the best to you pal
You too buddy!
  • #608
  • Sep 28, 2017 1:31am Sep 28, 2017 1:31am
Quoting Wachturm
{quote} I think it is of value for yourself. You post your own thoughts and analysis and it is here on FF forever. You can come back whenever you want and analyse your past analysis. What worked, what not? why? It is like having a journal. Anyway, all the best to you pal
I've actually always done that. I use Penzu.

https://penzu.com/
  • #609
  • Sep 28, 2017 1:20pm Sep 28, 2017 1:20pm
Quoting cat
{quote} I've actually always done that. I use Penzu. https://penzu.com/
Thanks for sharing

I use a pen and paper, but maybe I have to move with the times...

Nice evening!
  • #610
  • Sep 28, 2017 2:53pm Sep 28, 2017 2:53pm
Quoting Wachturm
{quote} Thanks for sharing I use a pen and paper, but maybe I have to move with the times... Nice evening!
Microsoft OneNote for me. Allows for saving high-resolution images that I then can view on my phone or iPad.
  • #611
  • Sep 29, 2017 3:01am Sep 29, 2017 3:01am
Quoting medici
{quote} Microsoft OneNote for me. Allows for saving high-resolution images that I then can view on my phone or iPad.
Sounds good, thank you. I will try it out as well.
  • #612
  • Oct 1, 2017 11:33pm Oct 1, 2017 11:33pm
Its a little dated, but just some perspective on the market capitalisation size of some of these global equities markets.

http://money.visualcapitalist.com/al...anges-by-size/
  • #613
  • Oct 2, 2017 2:25am Oct 2, 2017 2:25am
Good morning

Next resistance I have is 13150 ( and I am curious about 12950)

Looks a bit overshoot, a retracement to 12770 would be nice (maybe after 12950 is hit?) ... lets see
Attached Image (click to enlarge)
Click to Enlarge Name: LinesH4-DE30.png Size: 87 KB
  • #614
  • Oct 4, 2017 1:54am Oct 4, 2017 1:54am
2 Days of Gains on other markets whilst the Dax has been closed, needs to catch up. Plus car sales in USA was 2m over forecast, should blast through 13k today.
  • #615
  • Oct 11, 2017 3:39am Oct 11, 2017 3:39am
12935 stubborn buyer defense of the 4H range low, I've been short for 2 days now. Looked for Catalonia to get the selling going, failed to. holding till stop at 12990.
  • #616
  • Oct 11, 2017 3:41am Oct 11, 2017 3:41am
Quoting PariCovek
2 Days of Gains on other markets whilst the Dax has been closed, needs to catch up. Plus car sales in USA was 2m over forecast, should blast through 13k today.
  • #617
  • Oct 26, 2017 7:18am Oct 26, 2017 7:18am
Hi trades,
I would like to share here my analysis and trades. I hope it helps me to be more disciplined. I am trading solely Dax. How I trade in a nutshell? I am using a ZigZag indicator to find impulsive moves, impulsive move is a move which happens just in 27% of time. I have done excessive studies on this subject. I have found that on 1MIN TF are impulsive moves from 25+ points. As soon as impulsive move forms I am waiting for a correction to enter in a direction of the continuation move. The continuation happens in about 70 % of the time. As soon as the correction gets below the mid of the move, I am out, because just 19 % of these impulsive moves gets the continuation.

Dax is today really lazy, because it is waiting for the ECB conference and the US Unemployment Claims. I have attached screen with three possible entries. I did not trade them, because I wasn’t at the computer.

Attached Image (click to enlarge)
Click to Enlarge Name: ff%20screen.png Size: 76 KB


HT.
  • #618
  • Oct 30, 2017 10:24am Oct 30, 2017 10:24am
Today I had just one trade. The market was really slow. The first hour had a range of just 10 points and the second hour had a range of just 20 points (rounded to tens), which is very unusual. I was speculating on that the impulsive move will continue in it´s direction. I took the trade againts the small balanced area.

Attached Image (click to enlarge)
Click to Enlarge Name: dax_30_10.png Size: 45 KB


HT
  • #619
  • Oct 31, 2017 2:41am Oct 31, 2017 2:41am
Dax and whole Eurex exchange is closed today. Enjoy your day off Dax traders. Good day to review trading journals.

HT
  • #620
  • Nov 1, 2017 4:56am Nov 1, 2017 4:56am
Hi Traders,

today Dax opens with a huge gap up (around 110 points). The probability of closing this gap is not big. On the up side there are no resistance levels (we are at all time highs), on the down side, we have two targets (Monday's high and Monday's closing price). The short version of my plan was to do not fade any levels and go with the market, because in this new territory the moves can be sudden.

In the morning I took 3 trades (2 winners, 1 loser) with 940 USD profit.
Attached Image (click to enlarge)
Click to Enlarge Name: dax5.png Size: 53 KB
0 traders viewing now