Carpe diem: Intraday tactics for Dax and Dow | Page 2475 | Forex Factory

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Carpe diem: Intraday tactics for Dax and Dow

  • #49,481
  • Apr 7, 2020 7:38am Apr 7, 2020 7:38am
Quoting 2be
{quote} Very often when I have give up on trading with the bias (however imperfect it mght have been), I have given up reasonable profits. That does not mean to go agaist trading strategy. I am startig to see shorting scenario on DOW. In such high volatility I work hard to be patient, it does not come easy!!!
If check daily charts ... i can see 24850...
Extreme gut feeling trader
  • #49,482
  • Apr 7, 2020 7:55am Apr 7, 2020 7:55am
Quoting montygoldy
{quote} If check daily charts ... i can see 24850...
Yes there is a gap in that zone, it will be filled. The question is - when?
Posted the chart of this gap somwhere else, I do not want to mess this thread out of respect to D1 and others.
Looks like DOW is opening with a large gap later on today, so the momentum is still to the upside.
I will be watching NYSE open and see whats going on.
Any rotation to the south demands strong PA and confirmation. I am very careful atm and using quaterly futures for shorting, do not pay overnight charges for these futures, unlike as for cash futures.
Good trades to you!
Make sure losses are small and profits are bigger!
  • #49,483
  • Apr 7, 2020 9:06am Apr 7, 2020 9:06am
Quoting Neogenesis
Long 22370
Not sure what I was smoking, that was the S&P price. Closed for +200
  • #49,484
  • Apr 7, 2020 9:11am Apr 7, 2020 9:11am
In again 23.3 Long
  • #49,485
  • Apr 7, 2020 11:10am Apr 7, 2020 11:10am
Out for 120. Will probably retest highs during crazy hour given bullish volume but meh..
  • #49,486
  • Apr 7, 2020 1:32pm Apr 7, 2020 1:32pm
Long 23004. Price jumped quickly!

Bounced off low of the day. Volume doesn’t appear significant enough to retest the highs but you never know with crazy hour.

Down day tomorrow? Who knows at the moment.
  • #49,487
  • Apr 7, 2020 1:36pm Apr 7, 2020 1:36pm
Doubling down on the price dip 23030
  • #49,488
  • Apr 7, 2020 1:44pm Apr 7, 2020 1:44pm
Whoops, SL triggered x2.
  • #49,489
  • Apr 7, 2020 2:00pm Apr 7, 2020 2:00pm
L 22,820
  • #49,490
  • Apr 7, 2020 2:06pm Apr 7, 2020 2:06pm
Quoting ilhaner
L 22,820
+120
  • #49,491
  • Apr 7, 2020 3:08pm Apr 7, 2020 3:08pm
L 22,573
  • #49,492
  • Apr 7, 2020 3:36pm Apr 7, 2020 3:36pm
Quoting deltaone
added. 25.000 {image}
D1 - exceptional - sense of bias, and courage to follow it
Congrats!
Have had a good day too, traded both ways with the bias to the gap close.
Make sure losses are small and profits are bigger!
  • #49,493
  • Apr 7, 2020 3:46pm Apr 7, 2020 3:46pm
Seconded. Very inspiring to watch D1 play the lower timeframes so accurately.

Trying to learn myself, buying a weekly dip on the H1/H4 is easy. Executing intraday trades is complex.
  • #49,494
  • Apr 7, 2020 5:50pm Apr 7, 2020 5:50pm
Quoting Neogenesis
Seconded. Very inspiring to watch D1 play the lower timeframes so accurately. Trying to learn myself, buying a weekly dip on the H1/H4 is easy. Executing intraday trades is complex.

I don´t want to be negative but what D1 does is highly speculative and might work for him due to his experience and admittedly big guts but it is not something I would recommend for most other traders especially newer ones. Looking at his past comments I would assume he actually lost most of his profits at the end. If you trade 25k$ per point in the dow which can move hundreds in minutes you can still burn an account which has a few millions. I hope he doesn´t take offense by my comment, I have no resentments to him or anyone. I just wanted to clarify what you can easily check for yourself before some misconceptions might occur.
  • #49,495
  • Edited 6:36pm Apr 7, 2020 6:02pm | Edited 6:36pm
Welcome to share your thoughts, but that’s incorrect. Read back on his recent posts, he has mostly set SL on his trades and come out in the black with almost every trading day.

I am not here to argue on anyone’s behalf, but you cannot overlook serious skill.
  • #49,496
  • Apr 7, 2020 6:31pm Apr 7, 2020 6:31pm
Long 22.6 (break out trade)
  • #49,497
  • Apr 7, 2020 7:11pm Apr 7, 2020 7:11pm
Closed out for 150 as didn’t want overnight risk. Market now dipping. Will probably pick up by 3-6am GMT as it does...
  • #49,498
  • Apr 7, 2020 7:31pm Apr 7, 2020 7:31pm
Quoting Neogenesis
Welcome to share your thoughts, but that’s incorrect. Read back on his recent posts, he has mostly set SL on his trades and come out in the black with almost every trading day. I am not here to argue on anyone’s behalf, but you cannot overlook serious skill.
I might be wrong of course and maybe he will clarify it when he comes back. For me it´s just simple math and I didn´t see a SL. He also mentioned a dd of 5 mio. Also it´s actually not about him losing a lot of money, that´s his choice and he probably doesnt even care. I am just saying I wouldn´t recommend using this sort of risk/mm as good example when a daily dow range can burn your account. It gives false expectations.
  • #49,499
  • Apr 8, 2020 4:05am Apr 8, 2020 4:05am
Long 22.6
  • #49,500
  • Apr 8, 2020 6:12am Apr 8, 2020 6:12am
Out for +150 again. Waiting to see what happens with us open, possibly a quiet low vol day given easter weekend.
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