Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

DAX, Nikkei 225 and Dow Jones only 11 replies

CFD DAX & DOW and more 17 replies

Carpe Diem: Nikkei 225 14 replies

finding good trades with Nasdaq, dow, spx, and dax 43 replies

Daily pivot point indicator on mt4 for dow and dax 1 reply

Attachments: Carpe diem: Intraday tactics for Dax and Dow
Exit Attachments

Carpe diem: Intraday tactics for Dax and Dow

Maybe retest of 23300 before further down. Let's see.
This is intervention on a big scale. Wonder if they'll keep this up... say goodbye to the drop if so.
Currently at a major POC and yesterdays close (ish)
Nice place to sell stuff
Was perhaps oversold - but now looks a bit stretched.
They flipped at 15.00 GMT
Macro=Direction, Levels & Structure = Entry
Aggressive sellers - and they went short into the POC -
There is a HVN at the 50 so lets see

https://www.tradingview.com/x/VTebNeiS/
Macro=Direction, Levels & Structure = Entry
Quoting SFundamental
Aggressive sellers - and they went short into the POC - There is a HVN at the 50 so lets see https://www.tradingview.com/x/VTebNeiS/
Many pending orders executed on that lvl, in case of more bouncing on that lvl, i think bulls can push it higher
Sell order activated at 23300. Closed for 150 pts. Still holding my earlier short, in the red.
Bit of liquidity here

https://www.tradingview.com/x/ku5lxts9/
Macro=Direction, Levels & Structure = Entry
https://www.tradingview.com/x/n82oA4ho/

Shorts feeling some pain
Macro=Direction, Levels & Structure = Entry
Come back to my charts and im stopped out at B/E :0

600 point move so far North didn't see that coming, wonder if FED are back
Quoting el_duende
Come back to my charts and im stopped out at B/E :0 600 point move so far North didn't see that coming, wonder if FED are back
Yeah, I am literally astounded. The market was going down like a lead balloon.

Hahaha what a day! Don’t fight the ...
It would seem like the bottom of the channel/head&shoulders in Dow is going to be very hard for the bears to get trough. Do you guys think we are going to se the top of the Dow channel again in the coming week, or is all this just smoke and mirrors?
Fundamentally im still short, heck even news just out in last hour from Feds Kashkari paints a nasty picture

https://www.forexfactory.com/news/99...e#post12940998

Normally Trump/FED announce any new stimulus package so im not convinved that big move was FED pumping, puzzled.

Ive opened new shorts and holding them again hoping to get down to 23000 again
Sometimes we get easy trades on the DOW
Attached Image (click to enlarge)
Click to Enlarge Name: U30USDM67.png Size: 27 KB
No legs on that short stopped out again at B/E. Ye was obvious short at 23500.
Imo this thing is going for 25K .. it missed that last time sucking bulls in and frontrunning shorts, before 61,8 fib retrace. and now we are down 8%

Lets see.

If not i would like 22.300 for building long term longs.
What an absurd day. Bad news the days before, bad trend, new unemployment numbers are terrible and the Dow turns around during the session and jumps over 800 points upwards. I sold my older shorts almost ideally but sadly entered back on the shorts way too early losing most of my profit from the morning -.-

And now I have no clue what to expect from tomorrow. I'm still a bear at heart here, but all my bearish trendlines are basically torn apart by the last hour.

Can I get some Trump interviews with him again threatening and blaming China?
Quoting GeorgeJung
It would seem like the bottom of the channel/head&shoulders in Dow is going to be very hard for the bears to get trough. Do you guys think we are going to se the top of the Dow channel again in the coming week, or is all this just smoke and mirrors?
What a reversal, full speed both ways. During such session it is so easy to make a small fortune, ... out from a big one.
Interesting what Fri will bring.
Celebrating discipline.
Closed all at 23.6 approx +300. Will see how London goes today and go from there. Maybe another bull day to 24000?
Quoting Mahrgell
What an absurd day. Bad news the days before, bad trend, new unemployment numbers are terrible and the Dow turns around during the session and jumps over 800 points upwards. I sold my older shorts almost ideally but sadly entered back on the shorts way too early losing most of my profit from the morning -.- And now I have no clue what to expect from tomorrow. I'm still a bear at heart here, but all my bearish trendlines are basically torn apart by the last hour. Can I get some Trump interviews with him again threatening and blaming China?
Better to just stay out the market and let it blow over.

A 6th Amazon worker has died from Corona, this could cause a dent in the market tomorrow. I hold their stock too, meh!

If today wasn’t a fed pump, I would struggle to explain it. I have a good source of NYSE market data, and I can tell you the bearish data was literally as bad as the recent deep crash at one point. It was met with serious buying force that I’m not sure one institution alone could provide.

I understand we are in unprecedented times and these are measures to stop the markets from capitulating. I do think this has to be managed a lot better. If a market whipsaws 800 points in either direction in a matter of hours, traders (albeit institutional, HNW and retail alike) are going to walk away from the computer screen.
This time I was right about taken stops below 23. DOW as always has been and will be wild untamed animal you have to listen with your guts and heart not with your mind. Closed half of the position and expect next move up to 24. However, Friday may bring up wild swings. Stay green.
For my fallen angels.
3 traders viewing now