SPX and DAX - CFDs are the place to be | Page 83 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

NAS100 NASDAQ100 ONLY (ND and NQ Futures and CFDs) 227 replies

NAS100 NASDAQ100 Only (ND and NQ Futures and CFDs) 3 replies

Best Way To Track The S&P: SPX or SPY? 1 reply

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

US$/SPX/CL/HKG and Chinese Trading 1 reply

Attachments: SPX and DAX - CFDs are the place to be
Exit Attachments

SPX and DAX - CFDs are the place to be

  • #1,641
  • Sep 2, 2014 3:02am Sep 2, 2014 3:02am
Short at 9547.5
  • #1,642
  • Sep 2, 2014 3:10am Sep 2, 2014 3:10am
Quoting Danku
Short at 9547.5
Out at -12 Ticks
  • #1,643
  • Sep 2, 2014 3:10am Sep 2, 2014 3:10am
Quoting Danku
Short at 9547.5
I have seen a couple calling shorts this morning, and I wondered on what rationale? The MAs seem to be up today, after a quiet Monday
  • #1,644
  • Sep 2, 2014 3:15am Sep 2, 2014 3:15am
FDAX: I wouldn't wonder if price hits 9608 soon and after that 9657

Today's tendecy is definitely towards north but I hope this trend doesn't get killed with stupid news.

Happy Trades
Focus only on what truly matters!
  • #1,645
  • Edited 3:58am Sep 2, 2014 3:20am | Edited 3:58am
LONG @9545.
TP @ 9472. Edit,TP@9572
chart later.
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.jpg Size: 70 KB


EDIT: upload chart
  • #1,646
  • Sep 2, 2014 3:25am Sep 2, 2014 3:25am
Quoting Ata-Turkoglu
FDAX: I wouldn't wonder if price hits 9608 soon and after that 9657 Today's tendecy is definitely towards north but I hope this trend doesn't get killed with stupid news. Happy Trades
Agree.
Today's ADR 80%= 9573 , next target is 9607.
Hope the market will go there. Let's see.
  • #1,647
  • Sep 2, 2014 3:31am Sep 2, 2014 3:31am
Fdax Scalp Order: Sell Limit: 9593, SL: 9602. No TP yet.

Happy Trades
Focus only on what truly matters!
  • #1,648
  • Sep 2, 2014 3:46am Sep 2, 2014 3:46am
Retracement phase on 15 minute.. evening doji star pattern has formed there.. on 1 hour chart we can see a 3 white soldiers pattern buidling.. so still bullish bias..

Happy Trades
Focus only on what truly matters!
  • #1,649
  • Sep 2, 2014 3:48am Sep 2, 2014 3:48am
Quoting xiaoxin
LONG @9545. TP @ 9472 chart later. {image} EDIT: upload chart
You mean short?? 9545 to 9472 is short unless you mean 9472 to 9545
  • #1,650
  • Sep 2, 2014 3:50am Sep 2, 2014 3:50am
Quoting Driver55
Morning all !!! short limit @ 9526
Recently we usually gain Monday,Tuesday and Wed. Before seeing a correction on Thursday or Friday. Usually a reversal or roller coaster day on Thursday. Since Monday was closed in the US we could see massive gains when market opens up on Tuesday or massive losses. Taiwan gave up their gains with a -1% loss. US market usually follows within a day or two

My guess is within 2 hours we see 9540 on the DAX. DAX usually retreats half way between 5:30-7:00 pm Asia time.
  • #1,651
  • Sep 2, 2014 3:59am Sep 2, 2014 3:59am
Quoting wiseambition
{quote} I have seen a couple calling shorts this morning, and I wondered on what rationale? The MAs seem to be up today, after a quiet Monday
Hi wiseambition,

I understand what you are saying but i do not use Indicators. I have a strategy based on PA, Support and Resistance that i use. My strategy triggered the 2 shorts i took this morning.

Thanks
  • #1,652
  • Sep 2, 2014 4:00am Sep 2, 2014 4:00am
Quoting stylinex
{quote} You mean short?? 9545 to 9472 is short unless you mean 9472 to 9545
Sorry , a typo, should be 9572.
  • #1,653
  • Sep 2, 2014 4:00am Sep 2, 2014 4:00am
Quoting stylinex
{quote} Recently we usually gain Monday,Tuesday and Wed. Before seeing a correction on Thursday or Friday. Usually a reversal or roller coaster day on Thursday. Since Monday was closed in the US we could see massive gains when market opens up on Tuesday or massive losses. Taiwan gave up their gains with a -1% loss. US market usually follows within a day or two My guess is within 2 hours we see 9540 on the DAX. DAX usually retreats half way between 5:30-7:00 pm Asia time.

Well,
I have enough time ... it will mean that I'll wait , ... and in the meantime maybe i accumulate other short pos.
The best thing that can happen to you is to find out where you're wrong.
  • #1,654
  • Sep 2, 2014 4:07am Sep 2, 2014 4:07am
I have another question.

I do see the Dax breaking the 9600 level, but given the large move this morning and the US bank holiday yesterday. I see the significant driver at the moment being the US open with markets such as the Dow (chart below) being at near resistance. Additionally, i would expect the Dax to slow down waiting for the open and I guess there is a potential for a pull back.

My question is why trade between now and the US open? Is there any value in this quiet period?

Thanks,
Dave.

Attached Image

Attached Image
  • #1,655
  • Sep 2, 2014 4:10am Sep 2, 2014 4:10am
Quoting Driver55
{quote} Well, I have enough time ... it will mean that I'll wait , ... and in the meantime maybe i accumulate other short pos.
I'm with you, short as well
  • #1,656
  • Sep 2, 2014 4:12am Sep 2, 2014 4:12am
Fdax:
IMO, I am expecting a gap close still.. I am leaving my pending order (sell limit) active at 9593.
My belief is wether price touches 9593 or not it will go back to 9525 first. Then it could try to close the gap from todays opening.

Happy Trades
Focus only on what truly matters!
  • #1,657
  • Sep 2, 2014 4:13am Sep 2, 2014 4:13am
Quoting xiaoxin
{quote} Sorry , a typo, should be 9572.

My target price is 9540-9550 within 2 hours. Anything under is extra
  • #1,658
  • Sep 2, 2014 4:19am Sep 2, 2014 4:19am
Short @ 9563
  • #1,659
  • Sep 2, 2014 4:25am Sep 2, 2014 4:25am
Quoting xiaoxin
Short @ 9563
let's see oh this plays out. I hate shorting on any day before Wed. I am breaking my own rule by doing this today as it is too early to enter a short position when the market is green and the US market was off for a day. It usually makes up for the loss of a day. Taiwan's Index opened up and then saw a major correction after.
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 114 KB
  • #1,660
  • Sep 2, 2014 4:38am Sep 2, 2014 4:38am
Just cracked 9560
Drop you MTF!
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 120 KB
1 trader viewing now