Carpe diem: Intraday tactics for Dax and Dow

quick and easy money. good enough for me.
cu

GM my friend...
Same trade here. Posted on my journal.
The real battle begins now at 550 retest.

It's a pleasure to see you at work.

since the number of members that are asking me for explanation is increasing and i´ve some time on my hands, i´ll explain the reasons for this morning long position:

firstly: aside from all fears weighing on the stock market (and there are plenty of), my bias is still bullish. „be fearful while others are greedy and greedy when others are fearful.“ the main point is that trade war is helping no one, esp. not a president of the usa who wants to be re-elected. accelerated trade war would cause a recession in the usa, and that won´t help trump in order to be re-elected. so my guess was that trump might use g7 summit to announce a milder tone on that subject, esp. with that mighty drop on wall street on friday.

secondly: dax looked like to open with a big downside-gap, and gap-close is one of my favourite tactics.

thirdly: shortly before xetra open price moved quickly upside. me, watching bloomberg, saw that news and jumped on it.

Bought 648

Out 665

Reenter 644

stop +1 ready

Hit

Sold 641... following. Targeting 620 area

+19 Banking

sorry for not posting real time (family...). but as long as i´m in red with a few thousands, i think it´s ok:

OK. +63... squared @618. CU. Thank you for the hospitality.

you´re always welcome.

up till now, no hurrah-moment for my longs. now macron/trump on the mic.

hi guys

long or short, I can not decide...lol

rofl - just hit the button, place a bet

lmao.. yeah but which one

first "good" sentence for the stock market from trump: "we don´t want a regime change in iran" (less geo-strategical risk).

you are asking the perma-bull: LONG!

last in, first out: tp hit. +60



had been down at maximum with approx. -17.000 € on the complete position (in-line with daily risk-budget), now starts looking good.