Dow struggles to get above 17.000 again.. dax is the carbon copy of it right now..Happy Trades
copy-paste is DAX
SPX and DAX - CFDs are the place to be
- #2,943
- Sep 24, 2014 9:02am Sep 24, 2014 9:02am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
If that data can't move dow above 17.000, then IMO we have to expect the worst
Happy Trades
Happy Trades
Focus only on what truly matters!
- #2,944
- Sep 24, 2014 9:08am Sep 24, 2014 9:08am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
If that data can't move dow above 17.000, then IMO we have to expect the worst
fortis fortuna adiuvat
- #2,945
- Sep 24, 2014 9:11am Sep 24, 2014 9:11am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
{quote} ata, do you mean 17100?
isn't it????Happy Trades
Focus only on what truly matters!
- #2,946
- Sep 24, 2014 9:12am Sep 24, 2014 9:12am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
{quote} What? But my broker's price is 16.959 right now..
fortis fortuna adiuvat
- #2,947
- Sep 24, 2014 9:15am Sep 24, 2014 9:15am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
{quote} alter schwede: 17040 habe ich???
sorry my mistake.. but for my idea it changes nothing: e-mini struggles to get back over 17.000 right now.. that is also affecting dow.. and also affecting dax.. different frames but same results..Happy Trades
Focus only on what truly matters!
- #2,948
- Sep 24, 2014 9:19am Sep 24, 2014 9:19am
- Joined Nov 2013 | Status: Made in Germany | 19,871 Posts
{quote} Hmm.. I re-checked my list and it's actually the mini-dow (e-mini) what I am talking..
fortis fortuna adiuvat
- #2,949
- Sep 24, 2014 9:20am Sep 24, 2014 9:20am
- | Joined Aug 2014 | Status: Relaxed | 1,141 Posts
{quote} Hmm.. I re-checked my list and it's actually the mini-dow (e-mini) what I am talking..
anyway can't make any sense out of this today, think this is why you need a bigger arsenal of tools to fight the good fight......should have been shorting EU from daily pivot and then when it failed at last week's close
used to be undecided but nowadays can't make my mind up
- #2,950
- Sep 24, 2014 9:24am Sep 24, 2014 9:24am
- | Joined Aug 2014 | Status: Relaxed | 1,141 Posts
Actually looking at the charts the ES was a good short at 1986 - double top
yes I know I'm a 'hindsight millionaire'!
yes I know I'm a 'hindsight millionaire'!
used to be undecided but nowadays can't make my mind up
- #2,951
- Sep 24, 2014 9:32am Sep 24, 2014 9:32am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
{quote} dude the e-mini is the ES aka the S&P aka the SPX500 that's at 1980 at the moment, I think you were right in the first place? anyway can't make any sense out of this today, think this is why you need a bigger arsenal of tools to fight the good fight......should have been shorting EU from daily pivot and then when it failed at last week's close
Here is the list: http://en.wikipedia.org/wiki/E-mini
But thanks to see you agree with my bearish sentiment
Happy Trades
Focus only on what truly matters!
- #2,952
- Sep 24, 2014 9:40am Sep 24, 2014 9:40am
{quote} Not quite right.. there term e-mini is used with many different instruments.. It is connected to S&P500 because S&P500 was the first e-mini type future contract used in history.. that's people think immediately about S&P when e-mini is mentioned.. but nowadays e-mini is connected almost to every other instrument.. Here is the list: http://en.wikipedia.org/wiki/E-mini But thanks to see you agree with my bearish sentiment
It's easy to win & even easier to lose
- #2,953
- Sep 24, 2014 9:44am Sep 24, 2014 9:44am
- | Joined Aug 2014 | Status: Relaxed | 1,141 Posts
{quote} Not quite right.. there term e-mini is used with many different instruments.. It is connected to S&P500 because S&P500 was the first e-mini type future contract used in history.. that's people think immediately about S&P when e-mini is mentioned.. but nowadays e-mini is connected almost to every other instrument.. Here is the list: http://en.wikipedia.org/wiki/E-mini But thanks to see you agree with my bearish sentiment
Can't decide if I am bull or bear, I change my mind every hour
nice bounce on the ES
EDit: and the dax just follows the yanks.....
used to be undecided but nowadays can't make my mind up
- #2,954
- Sep 24, 2014 9:51am Sep 24, 2014 9:51am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Fdax (5 min)
Now we have a new channel on 5 min.. could rise till 9652.. there it builds a diamond shape and maybe can go back again..
Happy Trades
Now we have a new channel on 5 min.. could rise till 9652.. there it builds a diamond shape and maybe can go back again..
Happy Trades
Focus only on what truly matters!
- #2,955
- Sep 24, 2014 9:54am Sep 24, 2014 9:54am
- Joined Jan 2007 | Status: Trader | 11,838 Posts
{quote} ah ok, interesting, thanks for that
mmm - not exactly.....the Dax has rallied twice as much %wise off the low half an hour ago, making new daily highs, whilst, despite the best New Homes sales for 5 years, the Dow - basis Dec future - is still under its 17,000 level with its high ~the Chicago open at 17011. SPX is almost at its earlier highs, so IMO, the DAx was leading the way.....
PS and the dax's move was soooo much smoother
Trading Levels with WRBs
- #2,956
- Sep 24, 2014 10:17am Sep 24, 2014 10:17am
One long trade.
In M30, after 3-drives-pattern, PA goes back to Fibo 50% and got supported.
In M5 the candles above the red line, have many lowwer wicks, so PA will not go down any further.
In M1, the green rectangle, is a demand zone.
Buy, and TP at pre D fibo 50%, see the down trendline in M30.
If the PA above that trend line, we should buy low.
PA goes up to 9660 while I am writing.
When you see traders trade on M1, usually they look HTF and play M1 as an in and out time frame.
I don't know whether other traders do so or not, but I do look at PA from HTM to LTM.
In M30, after 3-drives-pattern, PA goes back to Fibo 50% and got supported.
In M5 the candles above the red line, have many lowwer wicks, so PA will not go down any further.
In M1, the green rectangle, is a demand zone.
Buy, and TP at pre D fibo 50%, see the down trendline in M30.
If the PA above that trend line, we should buy low.
PA goes up to 9660 while I am writing.
When you see traders trade on M1, usually they look HTF and play M1 as an in and out time frame.
I don't know whether other traders do so or not, but I do look at PA from HTM to LTM.
- #2,957
- Sep 24, 2014 10:20am Sep 24, 2014 10:20am
- | Joined Aug 2014 | Status: Relaxed | 1,141 Posts
{quote} mmm - not exactly.....the Dax has rallied twice as much %wise off the low half an hour ago, making new daily highs, whilst, despite the best New Homes sales for 5 years, the Dow - basis Dec future - is still under its 17,000 level with its high ~the Chicago open at 17011. SPX is almost at its earlier highs, so IMO, the DAx was leading the way..... PS and the dax's move was soooo much smoother
I will now go and flog myself whilst pondering why I was so rubbish today (like most days)
Edit - haha my signature has come back with those funny characters in it, think there's a gremlin in the system
used to be undecided but nowadays can't make my mind up
- #2,958
- Sep 24, 2014 10:22am Sep 24, 2014 10:22am
- Joined May 2014 | Status: Full Time Trader | 27,111 Posts
Focus only on what truly matters!
