Carpe diem: Intraday tactics for Dax and Dow

Buy 13,066 PB to prior H. Risky, but Dow still green....SL to -5

Edit: SL to +1

Edit: SL to +5

Edit: +5 on SL Sufficient for now. The 14:55 WR HV Matuboso type on M5 was followed by a small HV candle on M5 as an inside candle, thus making a bearish harami.

Perhaps the The Christmas rally has started today. Usually called Santa's Rally which takes place every year around this time. Should be safe to go long on the pullbacks

Taken short..10 stop 1 min

close 15 clear

Long 13032, SL 10, TP open

Edit: Out +25

shorts

Same idea. Hopefully down to 13100

Just joined you 20 point stop

Posted elsewhere....

Another great morning for trading the Dax

Buy the initial Higher Low and either hold - for 100+ points, or take profits - I watch for increased volumed spikes up. As my old friend Tom Williams reminded me, weakness appears in higher volumed pushes up Then buy the Pull Back to a prior level....

Now we see a Lower High, so change to the short side, but be careful as the ribbon is still green. Safer to take a break!
Attached Image (click to enlarge)
https://www.forexfactory.com/attachm...1&d=1511261535

out minus a few

doesnt want to drop... trying long 13121 SL-7 TP50

edit: out -7

close manually -1*5=-5 points

try longs

move stop loss at even

closed all 5*30=+150 points

shorts

time to move stop at even

stop loss hit at even

shorts

Darn, I missed the two big moves today, but still got about 45 points. What a day for trading.

I wonder if there will be a decent pullback during NYSE open and then a continuation higher.