Carpe diem: Intraday tactics for Dax and Dow

long @34.235, same tp.

long @34.330

long @34.265

long @34.280

long @34.255

long @34.225

see you tomorrow morning. why i´m so confident with higher goals? maybe tonight, maybe tomorrow i´ll explain.
so far: good night!

so why i´m so confident with my goal? here´s why:

stock markets fear an aggressive fed move, ending what some would call the fed-put. this will never happen. fed has no interest in sending stock markets down. regarding my own capital market empirical findings, fed has a fourth dimension: not only inflation, full employment and growth, it´s the stock market performance.
depression in asset prices would hit consumer spending big time, the main source of economic growth. why? because americans are highly indepted, more than ever.
they borrow as much as they can: car loans, student loans, home loans, credit card loans (look at american express new data f.e.). even loans on private portfolios are higher than ever.

so: america is addicted to loan and easy money. the only source is the stock market. they need it even for there pension plans, a sharp decrease would harm them more than they like to accept ->

buy the dip and never fight the fed!

Hi D1,
DJ30, early going on pre Fed, bought supp just under 200, tp ~ 600 or kill b4 announcement

Update: trailing stop set

morning, shorts

add shorts 15448

My initial PT for DOW long position is above 35100 when I will close part of the position and the rest will be protected by stop well below 35000, depending on PA
The PT for the remaining longs in the region 36k

Closed DJ30 at TP, +400

Do you have to explain reasoning for trades, or just post them, to play this game?
Do I need to post a screenshot?

I need the money for new cutlery from having catching so many of those falling knives.

last shorts at 15512.

I am moving up the first PT to 35490, instead of the previous one at 35100+
The reason, PA on the 18th Jan when the NYSE opened with a gap from the previous session close, only a part position will be covered at this zone, and if I am at the monitors when PA is in that region I will monitor it closely and will close manually, otherwise it will be covered automatically

You not afraid of FOMC

Fear is usually bad adviser, respect is better.
"bad news" often is not bad enough... and so on, PA is doing its own dance making sure the strong hands are well rewarded
If I see sustained trend reversal I will act accordingly if at the monitors
A good profit already protected, so will not get a "negative profit" on this trade.

closed manually with two profits and one breakeven. Close the office for today. Trade well!!