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Attachments: Trade the Dow/Dax
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Trade the Dow/Dax

Quoting cat
76.4% now at 165.
Dow is a buy or a sell?
That last downward push to 129 stopped just short of the 76.4% from this morning's low. Those 61.8 & 76.4% fibs can be powerful levels on any time frame.

With that second rejection to the downside, it looks as though the price may try for higher now, but those R levels still look strong to me, but as we now, Dax can rally hard once it has made up its mind, and vice-verse of course.
Quoting basit1
{quote} Dow is a buy or a sell?
It's been in a downward trajectory for the last 3 hours, so too low to get in on the short side now..sell high, buy low.
For those trading the Dow, I have a cluster of powerful moving averages not far below on the 30m chart, the 100sma/200sma/200ema all between 25,780-800, so be mindful of those if you are short I would say, or thinking of going short. Atm, it is rising slightly off of the 15m 200ema which I have at 817.
Looks like it might be just a ranging day on the DAX. Sell at highs, buy at lows.
Quoting EddyL
Looks like it might be just a ranging day on the DAX. Sell at highs, buy at lows.
It's looking that way atm for sure.
The Asian high broken. I have resistance right here @ 195 on Dax, with higher potential R if this breaks arounfdR1 @220.
https://hangouts.google.com/hangouts...lwldljchc3tvee

Just trying something out. I'm on live screenshare through this youtube link if anyone whats to take a look, as I have some levels to show on the Dax, and this is the easiest way to do it. Please let me know if it works, and if you can hear me through the microphone.
Does it work? Can anyone see my H4 Dax chart?
Can someone click on that link above and tell me what happens, as I'm not sure it is working.
Don't worry, it's not going to send a virus to your computer or anything!
Does nobody want to tell me if they can access my live youtube screenshare through the link above?
Still no one?
Quoting cat
Still no one?
Hi Cat, i am downloading the hangout app from App Store so will know in a minute if it’s working
Okay, no response, so I'll shut it down and get someone I know to tell me if the link I share gets through to live screenshare.

What I wanted to show was the very potentially strong resistance I have on R1 or around that level, today's R1 being @ 200 on Dax. The price is already looking like it's been rejected, so we'l see.
Quoting Pixie666
{quote} Hi Cat, i am downloading the hangout app from App Store so will know in a minute if it’s working
Nice one, thanks Pixie.
Quoting cat
{quote} Nice one, thanks Pixie.
Haha I am knew to this app, so I logged in and all, when I click on the above link it makes a call through is it correct? I mean is that was it suppose to do?
i saw my face, I am using it on my iPhone.
i closed the call immediately my hair looks a mess
Quoting cat
Okay, no response, so I'll shut it down and get someone I know to tell me if the link I share gets through to live screenshare. What I wanted to show was the very potentially strong resistance I have on R1 or around that level, today's R1 being @ 200 on Dax. The price is already looking like it's been rejected, so we'l see.
I called again this time without camera, someone did answer though I couldn’t see any charts anything So don’t think it is working properly
Quoting Pixie666
{quote} Haha I am knew to this app, so I logged in and all, when I click on the above link it makes a call through is it correct? I mean is that was it suppose to do? i saw my face, I am using it on my iPhone. i closed the call immediately my hair looks a mess
haha!

You are supposed to see a 4 hour dax chart, not your own unshaven face!
Quoting Pixie666
{quote} I called again this time without camera, someone did answer though I couldn’t see any charts anything So don’t think it is working properly
Okay, I'll have to sort it out. Closing for now, and I'll try again later. Thanks Pixie!
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