Carpe diem: Intraday tactics for Dax and Dow

deleted pending order

waiting for a new low.

4 hr looks short only taking short side trades on 1 and 5

morning

longs 5 at 11865, sl 20 points

long executed still in

DAX is very technical .. respecting some important points such as daily open ( dash white line on chart)

ps : just close at 70

and for information respecting also the night channel Fib extension ( like E/U)

closed manually at 11905.

5*40= 200 points

p.s.: tp hit. +45. after a difficult start, plan of action worked well.

I went out empty handed :/
Next time....

long us 30

last long closed +10

just open US30 long 93.3 sl 20 tp 40

sl-20

Good morning !

gap down to 850 ?

good morning,

last schoolday here, easter holiday. won´t post much the next weeks, quality time.

have a good time and trade well.

cu

Enjoy your family time ... have fun and take care

first scalp long

Good Day everybody!
I do not spend that much time on forums, though I do scan few threads.

On gaps, (DOW and DAX are only two indices I trade, much more DOW atm, mainly due to time allocation, by choice I trade only several hours a day), I mark different types of gaps, like the gap between the last day's session close and current price level, gap between the last days session close, and the current session open level and the gaps created by the PA during given session (old pit open time). On Dax I aggregate XFRA and XETRA into one session, on Dow it is easier.
I have marked some of these gaps on M30 tf on DAX and DOW.

The other thing I do is to see the difference between the future contract's price and the cash price.
There is a big advantage to trade both, and at times one can hedge the other.
The spread on the futures is larger, but there is no overnight interest charge for the duration of the trade, it works well.

Good trades to all, wishing you a great weekend!
2be

last trade of the week on US30

First trade for the next week
Shorting DOW @ 26418
It is a Wall St Future Jun19 with 6 pips spread but not overnight interest charge, Large SL
Please study my last post. ATM it is my only trade on DOW, do not wish to distract with closed position, according to the good principles of this worthwhile thread!
Might add along the way, and initiate some trades on intra day also.
But on Fri I trade only few hours!
As you are able to see a huge gaps are well established atm, one indicated by a different colour box and the other to the last session close indicated by a red vertical line.

Good trading to all,

2be

First trade for the next week
Shorting DOW @ 26418

At BE just in case the news will spike the PA during the US session

The intersession gap has not been closed
will monitor intra day trend on short TFs and if taken out will consider other arising opportunities